Ten Things You Need to Know Today: Thursday 14 Jul 2016

1. May to announce more cabinet appointments

New prime minister Theresa May has been continuing to name her new cabinet today, after making Boris Johnson her foreign secretary on her first evening as Prime Minister. Philip Hammond has been named chancellor. Amber Rudd is home secretary and David Davis will be the minister for Brexit. Jeremy Hunt has kept his job as health secretary.

Theresa May rejects calls to increase Indian visa quota

2. Bank of England leaves interest rates unchanged

The Bank of England has kept interest rates at 0.5% despite speculation they could be cut. The Monetary Policy Committee voted 8-1 to leave rates at their historic low, but the Bank may well take action next month to prevent the UK sliding into recession after the EU referendum. Earlier, bank governor Mark Carney met new chancellor Phillip Hammond to discuss the economy's prospects.

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3. Housing market to falter after referendum

The Royal Institute of Chartered Surveyors has warned of a "significant" decline in house buyer interest after the UK voted to leave the EU, raising fears the housing market will slump this summer. A survey found that estate agents and surveyors are more pessimistic about the property market than any time since the late 1980s.

London house prices: study predicts a 2.5% rise for 2020, but a 1% fall in 2021

4. Smith: Corbyn is selfish for not stepping down

Owen Smith, the former shadow work and pensions secretary, has described Jeremy Corbyn as "selfish" for not giving up the Labour leadership after losing the support of the overwhelming majority of his MPs. Smith, who is standing against Angela Eagle and Corbyn to be party leader, says he will push for a referendum on a Brexit deal if elected.

Resignations plunge Labour back into turmoil

5. Hungarian security forces accused of human rights abuses

Hungarian security forces have been accused of gross human rights abuses as hundreds of asylum-seekers remain stranded at the country's border with Serbia. A report from Human Rights Watch alleges that refugees have been beaten by armed police officers and accuses the government of failing to comply with its obligations under European Union law.

Islamic State targets vulnerable refugee children for recruitment

6. IS admits 'Omar the Chechen' is dead

Islamic State has confirmed its "minister of war", Omar al Shishani, is dead, months after the Pentagon said it had killed him in an air strike. Known as "Omar the Chechen", the Georgia-born military commander sported a long red beard. The group said he had been "martyred" in Mosul.

7. Poppi Worthington's father will not face charges

The father of 13-month old Poppi Worthington will not face charges over her death, even though a judge ruled in January that he had sexually assaulted her. Paul Worthington was arrested in 2013 but never charged and the CPS says there is "insufficient evidence". Cumbria Police has been heavily criticised over its investigation into the death.

8. Tour de France crash: Chris Froome runs up Mont Ventoux

Tour de France leader Chris Froome was forced to run part of the way up Mont Ventoux without a bike in a farcical finish to the 12th leg of this year's race following a crash. The British rider damaged his bike in a crash with a motorcyle which had apparently hit a spectator. Froome's bike was damaged and with no spare to hand he was forced to run as other riders passed him.

Chris Froome rivals Indurain as he wins third Tour de France

9. Nintendo shares up 50% on Pokemon Go

Japanese firm Nintendo is enjoying a hike of 50% in its share price after the release of Pokemon Go, which has become a global phenomenon in less than a week. Players walk or drive around cities looking for fantastical animals hidden in public locations, which appear when the streets are viewed through their smartphones.

Pokemon Go cheaters receive lifetime bans

10. Briefing: Who is Owen Smith?

Pontypridd MP Owen Smith has announced he will stand in the Labour

leadership election, competing against Angela Eagle and the embattled

current leader, Jeremy Corbyn. The former shadow work and pensions

secretary has been in Westminster for only six years and lacks Eagle's

high profile. However, given her struggle to shake the legacy of the

Blair years, being a relatively unknown quantity could work in his

favour.

Who is Owen Smith? The Welsh MP seeking Labour leadership