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The Latest Breaking News from Kwasi Kwarteng

Emergency budget announcement: expert reaction to new UK chancellor's attempt to calm financial markets

Newly installed UK chancellor, Jeremy Hunt, has unveiled a raft of changes to Kwasi Kwarteng’s September 23 mini-budget, which essentially amounted to a rollback on most of its headline points.

The Conversation

Chancellor Jeremy Hunt’s new IR35 reforms explained

The new chancellor has scrapped the repeal of the IR35 reforms

Evening Standard

Mini-Budget U-turns mean interest rates may NOT rise as much as feared, say experts

The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets

Daily Mirror

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A warning to Truss and Hunt: people see the chaos and unfairness – and they won’t accept it

Activists and unions don’t want Tory austerity, or the opposition’s bland alternative, says former Labour leader Jeremy Corbyn

The Guardian - UK

Lame duck Liz Truss hides behind Penny Mordaunt as she refuses to face questions

Keir Starmer said 'the lady's not for turning up!' as Liz Truss went missing, then turned up for a bizarre silent 29 minutes. Penny Mordaunt was forced to insist 'the Prime Minister is not under a desk'

Daily Mirror

All Liz Truss's U-turns so far in her chaotic 41-day term as Prime Minister

From fracking, windfall taxes and tax cuts to Britain's relationship with Emmanuel Macron, Liz Truss is no stranger to a change of heart - and there's plenty more to come from the flip-flopping PM

Daily Mirror

How Chancellor Jeremy Hunt's new tax and energy U-turn announcements will affect you

The newly-appointed Chancellor has announced changes to income tax, the Energy Price Guarantee and alcohol duty - here's a run down of what it all means

Chronicle Live

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Jeremy Hunt has taken his scalpel to Liz Truss’s budget – now the real pain starts

Emergency surgery on Trussonomics was vital, but years of grind now lie ahead, says Guardian columnist Gaby Hinsliff

The Guardian - UK

What’s left of the mini-Budget? Bankers bonuses and tax hikes for workers

‘Almost all’ tax plans that have not started to go through parliament are being axed, new chancellor says

The Independent UK

Oh Kwasi Kwarteng. You made this a Black History Month I’ll never forget

As a chancellor he was a dud, but as a diversity role model, he was even worse, says writer and broadcaster Nels Abbey

The Guardian - UK

Can Liz Truss survive after Trussonomics is binned?

If she couldn't deliver on the policies she was elected on, what is keeping her in power?

Wales Online

Jeremy Hunt’s economic plan turns the clock back to austerity

UK chancellor’s tightening of fiscal policy will lead to weaker growth and a deeper recession

The Guardian - UK

Travel retailers deplore government U-turn on VAT-free shopping

Heathrow predicts: ‘Further regression of high streets, shopping centres, ports and airports as we continue to lose out to our European competitors’

The Independent UK

New UK finance minister scraps more tax cuts in further government U-turn

Britain's new finance chief Jeremy Hunt on Monday axed debt-fuelled tax cuts to further calm market turmoil, in another major government U-turn that appears to leave Liz Truss's position as prime minister in a precarious state.

France 24

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Daily Mirror

Wealthy bankers will get big boost to their bonuses despite massive Budget U-turn

The cap on bankers' bonuses will still be scrapped - one of the few changes to survive from the mini-Budget - at the same time as energy bills help is scaled back

Daily Mirror

Everything Jeremy Hunt's statement means for your money - from tax and energy to booze

Brits will be left paying more Income Tax and alcohol duty, but less in National Insurance, under a massive shake-up unveiled today by new Chancellor Jeremy Hunt

Daily Mirror

Historic Budget U-turn IN FULL - all Jeremy Hunt's tax announcements at a glance

The new Chancellor confirmed that he would axe all but two key measures from Liz Truss's mini-Budget just over three weeks ago

The Guardian - UK

The Big Idea: Do governments really control their economies?

With markets, technocrats and voters on their backs, can politicians change anything?

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Evening Standard

Jeremy Hunt emergency statement in full: Chancellor scraps swathes of disastrous mini-Budget

Jeremy Hunt has ripped up many of the tax cuts announced by his predecessor Kwasi Kwarteng

Wales Online

Everything you need to know as Jeremy Hunt tears up mini budget and sets end date for energy bill price cap

The mini budget has been almost completely reversed with only two policies remaining

Daily Mirror

All the Tory MPs calling publicly for Liz Truss to resign - full list

The PM is teetering on the brink of annihilation after sacking Kwasi Kwarteng as Chancellor and ripping up key parts of her economic agenda. We list all the MPs calling publicly for her to quit

Al Jazeera

UK Treasury chief Jeremy Hunt reverses nearly all tax cut plans

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago.

Evening Standard

Chancellor Jeremy Hunt tears up plans on tax and energy

Chancellor’s race to ‘save’ economy in emergency statement

Manchester Evening News

Jeremy Hunt reversed ALL of the Liz Truss mini-budget apart from two policies

There two key important measures that have been left untouched by the Chancellors wave of U-turns

Reuters

'How's Brexit going?' British politics mocked at home and abroad

Britain's political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy.

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