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The Latest Breaking News from Kwasi Kwarteng

Liz Truss: I was never given a chance - old

Ex-PM has blamed Tory opponents and a ‘powerful economic establishment’ for the failure of her radical tax cutting agenda.

The Independent UK

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

The Guardian - UK

Hunt became chancellor after a Tory tax calamity. History suggests he’s doomed

Like Roy Jenkins and Kenneth Clarke before him, he can do little but tackle a crisis bequeathed to him by Conservative folly

The Guardian - UK

From analysis to the latest developments in health,
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Jeremy Hunt to promote low-tax and private sector ‘retooling’ of industry

Chancellor also expected to tell markets that government spending will remain within strict limits

The Guardian - UK

Government refusal of £1.2bn cross-Channel energy project quashed by High Court

Aquind’s proposals for a new electricity link between the UK and France will have to be considered afresh by Business Secretary Grant Shapps.

The Independent UK

Desperate man who couldn't get NHS dentist pulls out 5 of his teeth with pliers

A man has told how he had to extract five of his teeth as there were no NHS dentists in his area available to take him on thanks to closures during the pandemic

Daily Mirror

The Observer view on the free market thinking that failed Britishvolt

The government’s hands-off approach meant the odds were against the EV battery startup from the start

The Guardian - UK

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How the grand Britishvolt scheme turned sour - and what happens next

What went wrong with the Britishvolt plan - and what will happen next on a project that is crucial to the North East’s future?

Birmingham Post

Accents still rule Britain, says Scottish actor Jack Lowden

Scottish actor Jack Lowden complains that people with plummy voices get an easier ride, claiming “accent rules” in the UK.

Evening Standard

Personalised 'Jenga' lectern used by Liz Truss during 49 days as PM cost taxpayers £4,000

Downing Street has revealed that £4,175 of public money was spent on the higgledy-piggledy lectern that was specially made for Liz Truss, before she was forced to quit

Daily Mirror

Bank of England completes sale of £19bn emergency bond purchases after mini-budget

Bloomberg estimates Bank made profit of £3.5bn after intervening to prevent run on pension funds

The Guardian - UK

‘Labour doesn’t seem to understand how it’s happening’: meet the new Black Tories

The Conservatives are keen to boast about the diversity of their top team – but the party has never been seen as a natural home for Black voters. Can a small group of Black Tories change that?

The Guardian - UK

The year of three prime ministers - how Britain went from Boris to budget bedlam then back to billionaire Rishi

A look back at a turbulent year in UK politics

Manchester Evening News

Crypto collapses, Mone’s masks and golden goodbyes: the 2022 Observer business awards

The Conservative peer’s peerless public service work, Sam Bankman-Fried’s strange love life and Elon Musk, as usual, feature highly in this year’s prestigious honours list

The Guardian - UK

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Evening Standard

Quotes of the Year — from Musk to Trump to Markle, the funniest and most bizarre

2022 has been notable for being a particularly rubbish year, which doesn’t mean we can’t look back and smile at some of the iconic quotes it has produced, even if the smiles have a slightly bitter edge...

Daily Mirror

Major review of taxes including child benefit for two million families is quietly axed

Sources confirmed doomed Kwasi Kwarteng's Treasury review to make taxes 'better for families' is dead in the water under Rishi Sunak's leadership because events have overtaken it

Birmingham Post

The South West's 10 biggest business stories of 2022

From companies going bust to the best places to live in the region, we take a look at the most-read stories of the year

The Guardian - UK

Fingers on your buzzers! It’s Joe Lycett’s quiz of the year!

Here’s a chance to go head-to-head with the actually very rightwing comedian. Liz Truss tried, and couldn’t manage it – what about you?

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Tribune News Service

Most dramatic stock moves of 2022 led by Meta’s nosedive

From a little-known manufacturing firm’s 13,000% rally in its US stock-market debut to a flash crash across Nordic stocks, there was no shortage of dramatic moments that consumed equity investors’ focus in 2022.

Daily Mirror

Alcohol duty rise on price of beer, wine and spirits delayed until August

Alcohol duty rises had been due to come into force in February, putting 38p on a bottle of wine - but today the Treasury is expected to confirm it will put the plans on ice

Daily Mirror

Spring Budget date announced as Jeremy Hunt to give statement on March 15

Chancellor Jeremy Hunt will give his Spring Budget on March 15, spelling out further the direction for the economy after he spelt out years of spending cuts in his Autumn Statement

Daily Mirror

Kwasi Kwarteng 'champagne reception' with bankers missing from published diary

Officials have been asked to explain why the notorious reception - on the night of his disastrous mini-budget - was left off his list of ministerial meetings. As, crucially, was the guest list.

Evening Standard

It’s been a tumultuous 12 months - we look back on 2022’s major moments

From bidding farewell to our beloved Queen to the Ukraine war, the revolving door at Number 10 and all kinds of coming-together events that once seemed obsolete... Richard Godwin reviews 2022

The Guardian - UK

Who is the ‘sexy turtle’? Andrew Bailey helps decide your mortgage costs

Some praise UK’s most powerful non-elected official for mini-budget response while some say Bank of England governor is out of touch

The Guardian - UK

Kwarteng had ‘all the advice’ but disregarded warnings on mini-budget, MPs told

Treasury officials tell select committee they set out impacts of £45bn plan for former chancellor

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