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The Latest Breaking News from Jeremy Hunt

Liz Truss clinging to power as new Chancellor prepares to shred economic plan

Mr Hunt and Ms Truss will meet in her Chequers residence on Sunday as tax rises and spending cuts loom on the horizon.

The Independent UK

"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

Fern Britton leads the stars reacting to Miriam Margolyes' 'f*** you' to Jeremy Hunt

Celebrities including Fern Britton and Kathy Burke have been giving their thoughts after Miriam Margolyes swore live on air while attacking new Chancellor Jeremy Hunt

Daily Mirror

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Liz Truss's premiership 'hanging by a thread' as Tory MPs plot to get rid of PM

On Friday she fired her friend, Chancellor Kwasi Kwarteng, for delivering the mini-budget she ordered and did another U-turn on taxes, but that did not halt economic turmoil

Daily Mirror

Jeremy Hunt warns of ‘difficult decisions’ ahead amid reports of delay to basic rate tax cut

The Chancellor is reportedly considering delaying the 1p cut to the basic rate of income tax by a year

Evening Standard

Tory MPs plotting to get rid of Liz Truss as PM and replace her with Ben Wallace

A group of MPs want Ben Wallace as the new PM, with Rishi Sunak back as Chancellor in a bid to calm the financial markets. They hope Liz Truss will step aside to avoid total carnage at the polls

Daily Mirror

Senior Tories hold talks to discuss ousting Liz Truss to ‘rescue’ party

As new chancellor Jeremy Hunt rips up prime minister’s economic plans, Conservatives plot route to replace her

The Guardian - UK

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Tory donors turn on Liz Truss even as Jeremy Hunt rips up disastrous mini-Budget

‘Time is running out’ to remove the prime minister, says top Conservative donor. ‘The more we dig this hole the deeper it is going to be’

The Independent UK

Health and teaching unions aghast at Jeremy Hunt’s new era of Tory austerity

The chancellor sparked alarm among trade union leaders by promising ‘very difficult decisions’ for government budgets

The Guardian - UK

'Tories have damaged Britain - only solution is a change of hands with Labour in power'

Keir Mudie says Liz Truss signed this mini-budget off, of course, so he is not sure what firing the Chancellor actually achieved other than removing the final human shield protecting the woman herself

Daily Mirror

Truss’ desperate bid to save UK premiership lands her in more trouble

Boxed in by market turmoil and a mutinous Conservative Party, British Prime Minister Liz Truss was left with two cards to play: hitting reset on her economic plan, and firing her friend and finance minister, Kwasi Kwarteng.

Tribune News Service

If Jeremy Hunt is to be Truss’s saviour, he needs more than austerity 2.0

Tax-cut U-turns won’t be enough to balance the books, so the new chancellor will look at cutting public service budgets. But there is an alternative

The Guardian - UK

'Follow in King's footsteps and ask The Repair Shop to fix our broken country'

Later this month we'll get to watch the big reveal of a restored 18th-century bracket clock and a plate made for Queen Victoria's Diamond Jubilee - and we may even see a royal tear or two, says Rachael

Daily Mirror

Bank of England governor warns of further interest rates rise amid mortgage crisis

The governor also revealed that he has met with new chancellor Jeremy Hunt

Manchester Evening News

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The Guardian - UK

Mini-budget will likely mean higher interest rates, warns Bank of England governor

Andrew Bailey says UK borrowers can expect to feel impact of Truss government’s tax and spending decisions

Daily Mirror

'Liz Truss is running Britain with a glorious chaotic sense of uselessness'

Mark Steel says now that Kwasi Kwarteng has been sacked, every policy Liz Truss said was essential will be reversed - even her press conference explaining the sacking of the Chancellor was useless

Chronicle Live

Miriam Margolyes swears live on air on BBC Radio 4 as she talks about new Chancellor Jeremy Hunt

The Harry Potter star was being interviewed on the BBC Radio 4 Today programme on Saturday morning when she swore and the presenters had to apologise

Manchester Evening News

Universal Credit warning as DWP told families could lose up to £1,000 a year

The government is due to make an announcement on benefit upratings at the end of the month

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Evening Standard

Interest rate rises could be higher than expected next month, warns Andrew Bailey

Bank of England Governor says ‘inflationary pressures’ could prompt stronger response than bank had previously thought

The Guardian - UK

Tobias Ellwood has Tory whip restored after being suspended in July

Chair of Commons defence committee had whip withdrawn for failing to turn up for a confidence vote

Reuters

As UK's Truss fights for job, new finance minister says she made mistakes

Britain's new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, saying Prime Minister Liz Truss had made mistakes as she battles to keep her job just over a month into her term.

The Independent UK

Tory MP Tobias Ellwood has whip restored

The senior Tory MP had been suspended from the party for missing a confidence vote in the summer.

Evening Standard

Banker pay unchained: A bonus for the British economy?

City comment: Jeremy Hunt now has the chance to re-examine the disastrous mini-Budget. He should think twice before scrapping the banker bonus cap.

The Independent UK

Liz Truss news – live: Jeremy Hunt says PM went ‘too far, too fast’ on tax cuts

New chancellor said his focus was ‘on growth underpinned by stability’

Wales Online

BBC issues 'many apologies' and tells Miriam Margolyes to leave studio after she says 'f**k you' live on air

Miriam Margolyes revealed what she really wanted to say to the new chancellor Jeremy Hunt, whose seat she had just taken in the BBC Radio 4's Today programme studio

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