Austerity cuts could be as deep as 2010, experts warn as energy bills set to hit £5,000 Chancellor Jeremy Hunt leading push for ‘austerity season two’, says Labour The Independent UK · Oct 18, 2022
Martin Lewis warns energy bills could hit £4,350 in April when price cap guarantee ends Early forecasts from Cornwall Insight predict a 75% increase in energy bills from April. Daily Record · Oct 18, 2022
Who is Jeremy Hunt? The former health secretary and new chancellor Treasury chief has signalled he will have a ‘clean slate’ when it comes to re-examining Kwasi Kwarteng’s disastrous mini-Budget, which spooked global financial markets and piled pressure on Liz Truss The Independent UK · Oct 18, 2022
Money Saving Expert Martin Lewis issues £4,350 energy bill warning Martin warned that next April will see a further 73% increase on energy bills Liverpool Echo · Oct 18, 2022
Douglas Ross says he STILL has 'confidence' in the UK Government SCOTTISH Conservative leader Douglas Ross has said he has “confidence” in the UK Government to “take the difficult decisions to get things… The National (Scotland) · Oct 18, 2022
Martin Lewis explains how much energy bills could rise by next year in grim forecast MoneySavingExpert founder Martin Lewis has shared the latest prediction from analysts at Cornwall Insight following an announcement from new Chancellor Jeremy Hunt Daily Mirror · Oct 18, 2022
Who might replace Liz Truss if she is ousted as PM? - OLD Some MPs hoping PM can be replaced ‘within days’ – as talks on ‘coronation’ replacement continue The Independent UK · Oct 18, 2022
Why the energy price cap isn’t what it seems Liz Truss initially moved to rein in runaway household bills caused by rising global gas prices, only for new chancellor Jeremy Hunt to cut short government aid The Independent UK · Oct 18, 2022
Ben Wallace prepared to quit if PM drops pledge on defence spending Defence secretary would hold Truss to pledges, says source, as he flies off for security talks in Washington The Guardian - UK · Oct 18, 2022
£2,500 energy price guarantee ends next April but heating bill support of over £1,000 on the way The £400 energy rebate will remain unchanged and provide a monthly discount off electricity bills. Daily Record · Oct 18, 2022
How the mini-Budget U-turn will affect your energy bills, mortgages, and more A series of government U-turns has changed how it plans to tackle the cost of living crisis Manchester Evening News · Oct 18, 2022
Who is Penny Mordaunt? The navy reservist who could yet sail into Downing Street The ‘gallant lady’ with a sailor’s humour is hoping to replace Liz Truss but faces a tough ask in overcoming a wave of support for Rishi Sunak The Independent UK · Oct 18, 2022
Liz Truss's poll rating at MINUS 70 as even loyal Tory admits she's in last chance saloon James Heappey - who attends Cabinet and was sent out by Downing Street to defend the lame duck PM - admitted 'I don’t think there’s the opportunity to make any more mistakes' Daily Mirror · Oct 18, 2022
Liz Truss apologises for ‘mistakes’ Liz Truss has apologised for her “mistakes” as she sat down for an interview at the end of a dramatic day in Westminster.The Prime Minister is battling to save her premiership after her economic agenda was left in tatters by the dismantling of her former chancellor’s landmark mini-budget.Speaking after she… Evening Standard · Oct 18, 2022
ABC News · Oct 18, 2022 British prime minister Liz Truss's disastrous month in power may cause her exit within days Some British media are now gambling on embattled Prime Minister Liz Truss having a shorter shelf life than a fresh lettuce — just five days — after the utter failure of her mini-budget.
Daily Mirror · Oct 18, 2022 Warning energy bills could hit £5,000 next year as Jeremy Hunt scales back help Chancellor Jeremy Hunt yesterday confirmed the Energy Price Guarantee scheme will only run as a universal help for all households until April 2023 - after this, it will become targeted
The Independent UK · Oct 18, 2022 Liz Truss cannot survive if she keeps making mistakes, admits minister PM cannot afford ‘very many’ errors after mini-Budget, says James Heappey
The Guardian - UK · Oct 18, 2022 Who will succeed Liz Truss? It doesn’t matter: each Tory MP is as guilty as the last The party has a knack for reinvention – we can’t let them pin it all on one unpopular leader, says Guardian columnist Owen Jones
Wales Online · Oct 18, 2022 Every word Liz Truss said in BBC interview with Chris Mason Questions over the Prime Minister's future swirl after mini-budget U-turns
The Guardian - UK · Oct 18, 2022 EU proposes joint gas buying and curbs on energy price spikes – business live European Commission proposes mechanism to cap “excessive and volatile” gas price moves, and to let member countries start jointly buying gas
Wales Online · Oct 18, 2022 Warning to expect £4,000 energy bills after Jeremy Hunt scrapped price cap Even middle-income homes would not be able to afford the new bills
Asharq Al-Awsat · Oct 18, 2022 UK PM Truss 'Sorry' for Economic 'Mistakes' but Vows to Stay On Embattled UK Prime Minister Liz Truss on Monday apologized for going "too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns. "I do want to accept responsibility and say sorry for the mistakes that have been made... we went…
The Guardian - UK · Oct 18, 2022 ‘No one would do that’: estate agents deny making rude gesture to Kwarteng Agents in former chancellor’s constituency are glad to see him go after his effect on property market
Asharq Al-Awsat · Oct 18, 2022 Pound Rockets as UK Rips Up Budget, US Stocks Gain The pound surged against the dollar Monday as Britain's fourth finance minister in as many months sensationally ripped up a tax-cutting budget that had spooked markets. Chancellor of the Exchequer Jeremy Hunt axed almost all of the debt-fueled tax cuts unveiled last month by the new government of Prime Minister…
The Guardian - UK · Oct 18, 2022 Tuesday briefing: What Xi Jinping plans for China – and the world – with five more years of power In today’s newsletter: