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The Latest Breaking News from Kwasi Kwarteng

New UK Treasury chief: Mistakes were made, tax rises coming

Britain’s new Treasury chief has acknowledged mistakes made by his predecessor and suggested that he may reverse much of Conservative Prime Minister Liz Truss’ tax-cutting plans, in order to bring stability to the country after weeks of economic and political turbulence

The Independent UK

Miriam Margolyes swears live on air as she discusses Jeremy Hunt with BBC forced into apology

The BAFTA-winning Harry Potter actress made the explicit remarks on Radio 4’s Today programme

Daily Record

Therese Raphael: Liz Truss is still in office, but no longer in power

Kwasi Kwarteng may have cut a large figure, but he proved to be the proverbial bull in a china shop as Britain’s Chancellor of the Exchequer. He was repeatedly wrong, but never in doubt. His central conceit was that trust — whether from his party, the public or markets —…

Tribune News Service

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Jeremy Hunt: Who is new chancellor and former health secretary?

The new chancellor signalled he will have a ‘clean slate’ when it comes to the mini-Budget

The Independent UK

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)

British PM fights for her job

LONDON: Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister Liz Truss as she battles to keep her job just over a month into her term.

Bangkok Post

SNP accuse Liz Truss of misleading Parliament over spending cuts

THE SNP have accused Liz Truss of misleading Parliament after the Prime Minister backtracked on her commitment to ruling out any cuts to public…

The National (Scotland)

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New UK chancellor admits ‘mistakes’, warns of tax hikes

Jeremy Hunt warns of tax hikes, saying ‘very difficult decisions ahead’, as Prime Minister Liz Truss faces a backlash.

Al Jazeera

Jeremy Hunt says difficult decisions ahead after Truss ‘mistakes’

New chancellor vows to be ‘completely honest with country’ amid rumours PM has only weeks left in role

The Guardian - UK

Miriam Margolyes a 'national treasure' after Jeremy Hunt 'f*** you' on BBC radio

The actress shared her x-rated thoughts on new Chancellor Jeremy Hunt

Liverpool Echo

New UK Finance Minister Warns Some Taxes Will Rise in Sign of New U-turn

Britain's new finance minister Jeremy Hunt said on Saturday that some taxes will have to go up, signaling another abrupt policy U-turn by Prime Minister Liz Truss who is battling to save her leadership just over a month into her term. In an attempt to appease financial markets that have…

Asharq Al-Awsat

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

Jeremy Hunt: Kwarteng made ‘two mistakes’ but PM’s growth plan the right one

Jeremy Hunt rebuked the ‘mistakes’ of the Liz Truss administration in his first interview since taking the job

Evening Standard

‘It feels like game over’: Truss struggles for authority as Tories plot her demise

Her MPs know that just as Boris Johnson shredded the image of Conservative integrity, she has done it for economic competence

The Guardian - UK

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The Independent UK

Miriam Margoyles says ‘f*** you’ live on Radio 4’s Today programme as Jeremy Hunt arrives for interview

‘Oh no no no you mustn’t say that. We’ll have to have you out of the studio now,’ said presenter Justin Webb

Daily Mirror

Scrambling Jeremy Hunt says Truss government made mistakes - and some taxes WILL rise

Jeremy Hunt, who replaced sacked Kwasi Kwarteng as Chancellor on Friday, said in his first interview in the role "mistakes had been made" and warned of a challenging situation to come

Evening Standard

London politics latest news LIVE: Jeremy Hunt held ‘meeting of minds’ with Andrew Bailey on economy

The Bank of England Governor said the pair discussed ‘fiscal responsibility’

The Independent UK

How have the papers reacted to Liz Truss’s efforts to save her premiership?

Ms Truss sacked Kwasi Kwarteng as chancellor and ditched a major chunk of her mini-budget on Friday in a desperate bid to stay in power.

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The Guardian - UK

Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against

Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington

The Guardian - UK

Jeremy Hunt may still have to find £40bn of cuts as chancellor, say experts

Kwarteng’s replacement is warned of inflation impact, crumbling services and financial ‘black hole’ that he has two weeks to fill

Daily Record

Liz Truss may still be in office but she is now out of power

Record View says the vast majority of Truss’s own MPs can’t stand her and are openly plotting to remove her as quickly as possible.

The Guardian - AU

‘Time’s up’: what the papers say about Liz Truss and her fight to stay prime minister

Turmoil in Tory party takes centre stage after unconvincing moves by an unrepentant Truss to fix her policy crisis

Wales Online

Liz Truss fighting to stay in power following chaotic day in Westminster

It comes after she sacked her chancellor and ditched a major chunk of her mini-budget

Daily Mirror

'Liz Truss signed her own death warrant in nonsensical 9 minute press conference'

It was not just having to U-turn on her signature policy of corporation tax cuts that sealed her fate. It was her complete inability to show any contrition for the damage she has inflicted on her country and her party

Daily Mirror

Liz Truss could be out of No 10 in DAYS as government implodes and Tories plot

Liz Truss is now desperately clinging to power as her own MPs attempt to find a replacement for the PM, who some describe has made the party a 'laughing stock'

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