Ten Things You Need to Know Today: Friday 8 Feb 2013

David Cameron is set to receive a rapturous reception from Tory MPs after the EU decided to cut its budget for the first time in 56 years. After two days of talks, EU leaders agreed on a 908bn euros budget limit for 2014 to 2020 - about 3% lower than the current seven-year period. The cut is a victory for the PM and may help the government at the May by-elections

John Brennan, nominated by President Obama to become Director of the CIA, claimed yesterday at his Senate confirmation hearing that America launched drone attacks only as a last resort if Americans were in "imminent danger", and that it was "careful" to prevent civilian deaths. Brennan was heckled by demonstrators at the hearings.

Thousands of police in California were last night hunting a sacked Los Angeles policeman, Christopher Jordan Dorner, 33, on the run after allegedly killing at least three victims. He shot and killed one police officer yesterday, and is wanted for killing the daughter of a former police colleague and her partner at the weekend.

The level of home ownership has fallen to its lowest level since 1987, government figures showed last night, as would-be buyers are priced out of the market and, since the 2008 banking crisis, find it increasingly difficult to get mortgages. The figures show that 65.3% of households are home owners, down from a peak of 70.9% in 2003.

York Minster yesterday rejected calls for the recently discovered remains of King Richard III to be buried there, despite a petition signed by 11,000 people. Richard was the last monarch of the House of York and grew up in the Yorkshire Dales. But York Minster officials said he now belonged to Leicester "at least in death" and "commended Richard to Leicester's care".