Victoria Craig

So what happens from here then?

How quickly could we see someone, be it Burnham or otherwise, launch a leadership contest?

Well, it sounds like we've got another wild few weeks ahead of us in Westminster.

Lucy Fisher, our Whitehall editor.

Thanks so much for your time.

Thanks for having me, Victoria.

The U.S.

and Iran held crunch talks in Switzerland on Sunday aimed at reaching a permanent end to the war.

As the two adversaries were locked in discussions, President Donald Trump threatened on social media to, quote, hit Iran very hard again.

Tehran dismissed the post, saying Iran does not take the U.S.

's threats seriously.

The two sides were looking to build on an interim deal reached last week, which paused the war and reopened the Strait of Hormuz for 60 days.

But even before the talks in Switzerland, the agreement was on shaky ground.

That's because Israel repeatedly struck Lebanon in the days after the U.S.

and Iran agreed to the pause.

Iran has consistently demanded that Beirut must be included in any ceasefire deal.

This all comes as investors are pouring billions of dollars into the defense sector, not just because of the conflict between the U.S.

and Iran, but also Russia's war in Ukraine.

Defense technology startups have raised more than $12 billion from venture capital funds this year alone.

That's almost double what the sector raised by this point last year.