Liz Truss says she is prepared to be unpopular as she sets out policies aimed at delivering growth – as it happened

Liz Truss attends the 77th United Nations General Assembly in New York. Photograph: Toby Melville/Reuters

5.46pm BST

Afternoon summary

• Liz Truss has vowed to review all tax rates to help struggling households and businesses through the cost of living crisis, in her latest break from Treasury orthodoxy. In interviews in New York, the new prime minister also said she was prepared to be unpopular as she delivered pro-growth policies, such as lifting the cap on bankers’ bonuses (see 3.35pm), and rejected claims her economic plan would prompt the Bank of England to raise interest rates (see 4.18pm).

• Truss has given her full support to the No 10 chief of staff, Mark Fullbrook, after it emerged he was questioned as a witness as part of a Federal Bureau of Investigation (FBI) inquiry into alleged bribery in Puerto Rico.

• Mel Stride, the Tory chair of the Treasury select committee has urged Kwasi Kwarteng to allow independent forecasts for the public finances to be published alongside his mini-budget on Friday

• Keir Starmer is set to face increasing pressure at Labour’s conference over embracing electoral reform, with delegates expected to approve a motion calling for the party to replace first past the post with a proportional system.

Updated at 5.59pm BST

5.44pm BST

Liz Truss posting for a photograph with Emmanuel Macron, the French president, as they held their first bilateral meeting since Truss told Tory activists the jury was still out as to whether Macron was “friend or foe”.

Photograph: Stefan Rousseau/PA