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The Latest Breaking News from Downing Street

Bellway reveals drop in housing demand and warns of a potentially shrinking market after mini-Budget

CEO tells The Standard the min-Budget is “pretty much 100%” to blame for drop off in housing market demand

Evening Standard

‘Hunt’s running the show’: the day power drained away from Liz Truss

Truss’s decline from shiny new prime minister to leader in name only continues, the last 24 hours underlining just how weak she is

The Guardian - UK

‘A case of when, not if’ Tories oust Truss amid plotting

British Prime Minister Liz Truss is trying to rescue her premiership after the tax cut debacle caused a fiscal crisis and gave Labour a gargantuan polling lead over her Conservatives. But after that calamitous start, analysts doubt the Tory Party will keep Truss in power for long, even if it…

France 24

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Downing Street responds to Nicola Sturgeon's economic case for independence

DOWNING Street has issued a response to Nicola Sturgeon’s publication of a new paper on the economic case for Scottish independence.

The National (Scotland)

Lawmakers will try to oust UK PM Truss this week, Daily Mail reports

British lawmakers will try to oust Prime Minister Liz Truss this week despite Downing Street's warning that it could trigger a general election, the Daily Mail reported.

Reuters

"We have to be honest": New Chancellor Jeremy Hunt's warning as he promises to get economy back on track

He has warned of 'difficult' economic decisions to come

Manchester Evening News

Urban foxes: are they ‘fantastic’ or a growing menace?

When Larry the cat chased off a vulpine visitor from No 10 last week, many of us cheered him on. But others argue the fox deserves its place, both in our folklore and in our cities

The Guardian - UK

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Tax rises and spending cuts with ‘difficult’ decisions ahead, says Chancellor

JEREMY Hunt signalled on Saturday his plan to up-end the Prime Minister’s entire economic strategy, in an extraordinary rebuke of the pledges…

The National (Scotland)

Odds for Liz Truss to leave No 10 before the end of the year slashed

The future of Ms Truss’s leadership appears precarious - and the bookies agree

The Independent UK

Demonstrators block Downing Street gates in protest at PM’s climate approach

Crowds of Extinction Rebellion protesters arrived in Whitehall on Friday, waving flags, setting off flares, chanting and banging drums.

The Independent UK

How ‘knives of the long night’ led to brutally swift Kwarteng sacking

The chancellor was dispatched soon after touching down, but Tory colleagues were not convinced that was enough to save the PM

The Guardian - UK

Odds for Liz Truss to leave No 10 before the end of the year slashed

The future of Ms Truss’s leadership appears precarious - and the bookies agree

The Independent UK

Truss defends her low tax agenda as she makes major U-turn and sacks Chancellor

Admitting she had to change course, she reversed a key policy to scrap the planned rise in corporation tax from 19% to 25%.

The Independent UK

Liz Truss to raise corporation tax in another humiliating U-turn

PM makes second climbdown and sacks chancellor after package of unfunded tax cuts sent the pound tumbling

The Guardian - UK

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Evening Standard

Liz Truss U-turns on corporation tax after Kwasi Kwarteng sacked

Liz Truss tore up the mini budget with an £18 billion corporation tax U-turn after sacking Kwasi Kwarteng as Chancellor on Friday. The reversal came as the prime minister held a press conference after a tumultuous day where she sacked Mr Kwarteng, one of her closest allies, and appointed Jeremy…

Wales Online

Jeremy Hunt named new Chancellor after Kwasi Kwarteng sacked

It marks a return to frontline politics for the former health secretary

Daily Mirror

When is Liz Truss' press conference after PM sacks close friend Kwasi Kwarteng

Liz Truss will hold a press conference today amid speculation that the Prime Minister is going to announce another mini-budget U-turn, this time on her plans for corporation tax

Daily Mirror

No10 refuses to deny Kwasi Kwarteng will be SACKED as PM prepares press conference

A No10 source refused to comment on speculation that Liz Truss is poised to fire the Chancellor as the PM gears up for an unplanned press conference

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news in one place.

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The National (Scotland)

Liz Truss to hold emergency press conference today amid Tory chaos

PRIME Minister Liz Truss is to hold a press conference later today amid government chaos, Downing Street has confirmed.

The Independent UK

Kwasi Kwarteng’s plane back to UK for urgent tax U-turn talks most tracked in the world

The chancellor left an IMF meeting in the US early to join discussions in Westminster

Daily Mirror

Kwasi Kwarteng cuts short US trip as Liz Truss faces crisis with tax U-turn expected

Chancellor Kwasi Kwarteng is cutting short a trip to Washington, to fly home and tackle the financial chaos caused from his mini-budget with pressure growing on him and Prime Minister Liz Truss

The National (Scotland)

Kwasi Kwarteng says he's not resigning as Chancellor despite 'inevitable' U-turn reports

KWASI Kwarteng appeared not to rule out a U-turn on corporation tax amid growing pressure to abandon more elements of the mini-budget that have…

The Independent UK

Chancellor says ‘let’s see’ on corporation tax U-turn amid growing pressure

Kwasi Kwarteng has said he is ‘totally focused’ on delivering the tax-cutting plans in the mini-budget

The Guardian - UK

Liz Truss bows to pressure with corporation tax U-turn ‘on the table’

Speculation that reversal on leadership campaign pledge risks split with her chancellor, Kwasi Kwarteng

The Independent UK

Ditching Truss would be ‘disastrously bad idea’, says ally Cleverly

Foreign Secretary James Cleverly said the Government is focused on getting economic growth despite the market turbulence.

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