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The Latest Breaking News from Chris Philp

Martin Lewis hits out at ‘irresponsible’ messaging over first-time buyer savings - OLD

The consumer champion said Treasury messaging about potential mini-budget savings for first-time buyers appears ‘fundamentally irresponsible’.

The Independent UK

Unions brand bid to exempt firms with up 500 staff from new rules ‘reckless’

Government says change would apply to all new regulations and it would look to raise in threshold in future

The Guardian - UK

Government may consider benefits cut to help fund tax breaks for rich, economists warn

Huge ‘unforced error’ set to push Britain back to George Osborne-era cuts, says think tank

The Independent UK

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Early Liz Truss comments on scrapping benefits stoke fears of further cuts

Proposals from 1995 condemning ‘recycling’ of taxpayers’ money add to concerns for universal credit increase

The Guardian - UK

The nine worst blunders Liz Truss made on this morning's tense radio tour

She used one phrase a whopping 61 times

Wales Online

‘Return to austerity’: Almost £50bn of cuts needed to fund tax breaks for rich, economists warn

Huge ‘unforced error’ set to push Britain back to George Osborne-era cuts, says think tank

The Independent UK

A global problem? Liz Truss’s claims on financial chaos fact-checked

We look at claims made by the PM and the chief secretary to the Treasury that have raised eyebrows

The Guardian - UK

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Unions demand ‘cast iron guarantee’ of no more cuts to services

Liz Truss has signalled that Whitehall departments will have to find ‘efficiency’ savings as the Treasury says there will be no more cash.

The Independent UK

Liz Truss warned businesses will ‘go on strike’ by halting investment without clear plan

Companies ‘won’t invest until they see some clarity’, says business chief Martin Sorrell

The Independent UK

‘Devastating’ if Tories break promise to uprate benefits in line with inflation

Treasury minister Chris Philp told ITV that the Treasury would not commit to an expected uprating of benefits in line with inflation.

The Independent UK

9 car crash moments in Liz Truss's local radio grilling branded 'worst outing since 1216'

If Liz Truss thought her hour-long marathon of mini Budget local radio interviews would be a breeze, she was wrong - as listeners asked her "are you ashamed of what you've done?"

Daily Mirror

DWP benefit claimants issued warning as MPs suggests payments may not rise with inflation

Those who receive DWP benefits such as Universal Credit, Job Seekers Allowance and Pension Credit have been issued a warning as UK Government ministers suggest that payments may not rise with inflation rates.

Glasgow Live

Truss says she has ‘right plan’ on economy and will not change course

In series of local BBC interviews, prime minister says she is prepared to make difficult decisions

The Guardian - UK

Liz Truss breaks silence on mini-budget and economic turmoil

"We had to take urgent action to get our economy growing"

Wales Online

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news in one place.

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Daily Mirror

Tories threaten to cut benefits and the state to pay for tax cuts for the rich

As post-mini-Budget chaos engulfs Britain, Treasury minister Chris Philp refused to rule out a real-terms cut to DWP Universal Credit, asked for 'efficiency savings' and said 'I'm not going to apologise'

The Independent UK

Liz Truss government ‘undercutting’ economic institutions, says ex-Bank of England governor

Mark Carney says mini-Budget measures ‘working at some cross-purposes’ with central bank

The Independent UK

Minister suggests benefits may not be uprated in line with inflation

Government departments have been reportedly asked to make plans for efficiency savings

Wales Online

Ministers could scrap inflation-linked benefits rise amid economic turmoil

Treasury minister Chris Philp has refused to commit to an expected uprating of benefits in line with inflation

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news in one place.

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The Independent UK

Tory MPs hit out after Treasury minister describes criticism of tax cut as ‘politics of envy’

Mr Kwarteng was accused of betting on trickle-down economics

Manchester Evening News

Government dismisses criticism of tax cuts as ‘politics of envy’

It comes as Chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years

Wales Online

Government says tax cuts flack is 'politics of envy'

Labour accused PM Liz Truss and Chancellor Kwasi Kwarteng of dabbling in 'casino economics'

Evening Standard

Kwarteng’s tax-cutting programme ‘not a gamble, it’s a necessity’, says minister

“They want better standards of living, they want to see money invested in public services, they want to see investment, they want to see their children having a better future than they do,” Mr Philp said

The National (Scotland)

Minister brands concern over tax cuts for wealthiest 'the politics of envy'

A TOP Tory minister has described concerns over tax cuts benefitting the wealthy most as the "politics of envy".

Evening Standard

Treasury minister tweets ‘great to see Sterling strengthening’ moments before colossal slump

The drop in the pound was sparked following a series of cuts which were introduced by Kwasi Kwarteng on Friday

The Independent UK

Treasury minister claims mini-Budget has boosted pound – as it hits 37-year low

Chris Philp red-faced after saying ‘Great to see sterling strengthening on the back of the new UK Growth Plan’

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