The morning's business at conference is now under way.

The Labour Party lost one if its most high-profile 20th century figures over the weekend. Former chancellor Denis Healey died at the age of 98. Lord Healey was Labour's defence secretary from 1964 to 1970 and chancellor of the exchequer from 1974 to 1979 before becoming deputy leader (in opposition) in 1980.

Current party leader Jeremy Corbyn said Lord Healey was "a Labour giant" while David Cameron called him "a huge figure of post-war politics". You can look back on Lord Healey's life in pictures here.

Victoria Derbyshire

Image source, Getty Images

Plans to sell shares worth at least £2bn in Lloyds to private investors have been announced by the government. The BBC's assistant political editor, Norman Smith, says the chancellor is "trying to recapture Mrs Thatcher's so-called popular capitalism". George Osborne "wants to get the Tory faithful onside" because he "really, really, really wants to be the leader of the Tory party", Norman adds.

While the soggy party faithful queues to get into the venue, the main conference business, external is due to get underway at 10:30 BST. The morning session focuses on the economy. Business secretary Sajid Javid and Culture Secretary John Whittingdate are due to speak, before Chancellor George Osborne takes to the stage later.

The Daily Mail

"George Osborne will declare war on the Tory shires today as he outlines plans to fast-track infrastructure projects across Britain," says the Daily Mail, external. "The Chancellor will pledge to ‘shake Britain out of its inertia’ by making it harder for shire councils and ‘Nimby’ activists to frustrate plans seen as vital to the country’s future."

The paper also speculates that the new independent National Infrastructure Commission - to be headed by Lord Adonis - is "a heavy hint that ministers will back controversial plans to build a third runway at Heathrow".

The Guardian

The Guardian, external says the appointment of Lord Adonis is "a coup for George Osborne but not a defection from Labour". Political editor Patrick Wintour writes: "The politically well-travelled peer is not defecting to the Tory party and is, in truth, implementing a policy he and the then shadow chancellor, Ed Balls, advocated at the last election."

He argues that the "Corbynite left" might see Lord Adonis' move as "the first betrayal by the Blairites" but does not think it is a sign that others are about to "defect" from Labour.

The Times

"Ministers pledge to limit pain of tax credit cuts," says the Times, external. "Ministers are prepared to consider extra help for working families who will lose out from tax credit cuts despite David Cameron insisting that he would not rethink his reforms".

The paper claims two cabinet ministers have told it that "the government was likely to offer more help to the working poor so long as it was not presented as a U-turn or watering down of the plan".

Today Programme
BBC Radio 4

Image source, Conservative Party

Today asks two new Conservative MPs for their views on the forthcoming referendum on the UK's EU membership. Mims Davies says, "personally I'd go tomorrow" and vote to leave. However, she wants the prime minister to have the chance to negotiate with other member states.

Ben Howlett says he is "much more inside the tent" and wants to stay in the EU. He is asked for his reaction to the new anti-EU Conservative group led by former Chancellor Lord Lawson. He says the Tory peer is "a climate change denier" and wonders how young people would respond to that.

Today Programme
BBC Radio 4

Image source, Conservative Party

The Today programme speaks to two of the Conservative Party's 2015 intake of MPs, asking them if their constituents had come to see them with worries about tax credits. Mims Davies, MP for Eastleigh, says many people are "not clear" about what the changes mean for them. However, she insists that "doing nothing" to reduce the welfare bill "wasn't an option".

Ben Howlett, elected in May to represent Bath, says: "We are having an awful lot of people coming into our surgeries asking for advice because they don't know who to turn to." He calls on HMRC to reopen centres in constituencies to offer advice, but says he is a "longstanding opponent of tax credits". He argues: "I would like to see the amount of money taken away in tax reduced."

The Daily Telegraph

The Daily Telegraph, external's James Kirkup thinks that George Osborne can sell tax credit cuts to the public.

Daily Mirror

Here's how some of the other papers are responding to the Conservative conference. "David Cameron defends harsh cuts for working poor as protesters march on Tory conference," says the Mirror, external. It views cuts in tax credits as "cruel", adding:

The Sun

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The Sun's criticism of the government's tax credit plans continues with reports of a warning from Conservative MP David Davis that the issue risks becoming this government's poll tax. The backbencher, who was beaten by David Cameron in the Tory leadership race in 2005, says: