The Daily Politics

BBC deputy political editor James Landale says the UK may have to concede the principle that an EU fund - to which Britain contributes - will be used in the short term for the Greek bailout, but that some protections will be given to the British taxpayer. George Osborne is currently saying the UK will resist this "very hard", he adds.

He says it's a potentially very difficult issue for the government, as it risks creating a row just at a time when the UK government is trying to win friends and influence people across the EU over its renegotiation reforms.

Philip Hammond outlines the restrictions on uranium stockpiles and enrichment capacities and says that Iran's research and development capacities will be restrained to avoid the possibility of military nuclear development.

The foreign secretary also says that the agreement "cuts off the plutonium route to developing a nuclear bomb".

Mr Hammond says that even if Iran reneged on the deal, "it would take at least 12 months to acquire the material for a single device".

Ahead of Mr Hammond's statement Commons Speaker John Bercow addressed MPs, hailing the new parliamentary education centre, which is to be opened today. He says it means 100,000 young people will now be able to visit parliament each year.

House of Commons
Parliament

Foreign Secretary Philip Hammond is on his feet giving a statement on the recent nuclear deal with Iran.

The foreign secretary says that in recent weeks "the world has held its breath" during the negotiations, and calls the agreement "a victory for diplomacy".

The last question to the prime minister comes courtesy of Labour MP Michael Meacher. He cites various economic figures to argue that the UK economic recovery is not as great as the government says it is. Why is that? "Two words," replies David Cameron: "ask Gordon." The PM then responds with a list of statistics of his own to support his argument that the government's "long-term economic plan is working". And with that, the session ends.

House of Commons
Parliament

Sebastian Chrispin
Economics and Business analyst, BBC News

David Cameron said there are “mixed messages” in today’s unemployment figures. Youth unemployment is down (15.9% down from 17.7% a year earlier) and the proportion of women in work is the highest since comparable records began in 1971. However, today saw the first quarterly fall in employment and the first rise in unemployment for two years.

Sebastian Chrispin
Economics and Business analyst, BBC News

The PM told MPs there had been another decrease in youth unemployment. The Office for National Statistics said, external that there were 729,000 unemployed people aged between 16 and 24 in the three months to May. This is roughly 13,200 less than in the preceding month and 92,000 less than the same period a year earlier. However, the youth unemployment rate of 15.9% is still higher than the pre-downturn low of 13.8% in the three months to February 2008.

Andrew Turner, Tory Isle of Wight MP, says 120,000 Europeans and 140,000 non-Europeans settled in the UK in 2013 - and asks whether the PM agrees the UK Government needs to control the number of migrants coming here.

"Yes," David Cameron replies - citing efforts the government has taken to cut net migration. He says ministers are focusing on tightening up the rules on welfare because "60%" of those coming from Europe are job seekers.

Judith Cummings, Labour's Bradford South MP, challenges David Cameron to say whether he knew before the election about delays to rail improvement schemes .

"No, I was told about this after the election," he responds. He stresses the need to get to the bottom of the delays and overspending. "Instead of griping the whole House should get behind this programme," he adds.

Norman Smith
Assistant political editor

There are some Labour folk who think it might be better if they just postponed their rather lacklustre leadership contest and allow Harriet Harman to carry on for a bit longer.

A view probably strengthened by her feisty performance today.

Far from ducking the issue of welfare following the self-inflicted disarray over Labour's position on child tax credits she ploughed in and even got her own side cheering her on. No small achievement given the hostility of many Labour MPs over her support some of the chancellor's measures. 

She even managed a decent put down, telling David Cameron: "Don't patronise me over the minimum wage. We introduced it."

Harriet for leader anyone?

Alistair McDonnell, SDLP MP for South Belfast, raises the recent violence in Northern Ireland. David Cameron says the scenes were "deeply damaging" for the country, and that what happened was "not acceptable".  

Conservative MP Bob Blackman criticised last week's London tube strike and asked the PM to say that strikes in essential services should be "a last resort and not a negotiating tactic.

David Cameron agrees they should only ever be a last resort. He says tube drivers are well paid - with their salaries set to increase - before setting out steps the trade union reforms the government is planning to take - including for higher strike ballot thresholds.

"People affected by these strikes don't get to vote. That is why it's right to have these thresholds," he says - before accusing Labour of being "in hoc" to the unions. Opposition MPs can be heard voicing their disapproval.

Emily Craig
Political analyst

David Cameron said a record number of young people are going to university. According to Ucas, external, this year application rates for 18 and 19 year olds from England, Wales and Scotland increased to their highest ever levels. However, there has been a decline in applications from older students - those aged over 20.

While there was a drop in applications to UK universities in 2012/13, the first year of the tuition fee increase, numbers have since recovered - in line with a longer term trend of increased participation.