The Latest Breaking News from Kwasi Kwarteng

Documents reveal Kwasi Kwarteng's undisclosed meetings with Saudi Arabian oil firms

CHANCELLOR Kwasi Kwarteng held undisclosed meetings with senior executives of Saudi Arabian firms when he was business secretary, according to…

The National (Scotland) · Oct 11, 2022

Thérèse Coffey says nurses won’t get higher pay offer as strike vote looms

Health secretary says there is limited scope for negotiation on 3% offer and she is ‘not anticipating further changes’

The Guardian - UK · Oct 11, 2022

The Bank of England hits panic button yet again with emergency bond-buying plan

The central bank is attempting to stop tumbling government bond prices causing a market collapse

Manchester Evening News · Oct 11, 2022

IMF steps up criticism of mini-budget after ‘disorderly’ rise in borrowing costs – as it happened

International Monday Fund says a ‘change in fiscal policy’ would help calm bond markets…on day that Bank of England steps up its bond-buying support

The Guardian - UK · Oct 11, 2022

Bank of England repeats intervention as calls mount for prolonged action

Downing St says Truss sticking to tax cut plans

Financial Times · Oct 11, 2022

Tuesday briefing: After Russia retaliates, what might happen next?

In today’s newsletter: Russia responded to an attack on a military supply line with a devastating blitz on civilian targets. Peter Beaumont speaks from Kyiv about defiance, destruction and what to expect

The Guardian - UK · Oct 11, 2022

Kwasi Kwarteng’s secret meetings with Saudi oil firms revealed

Exclusive: Meetings while in Saudi Arabia undisclosed due to ‘administrative oversight’, says business department

The Guardian - UK · Oct 11, 2022

'Aftershocks of Kwarteng’s disastrous mini-Budget continue to be felt across country'

The Chancellor’s botched intervention has caused the price of mortgages to spiral, damaged confidence in Britain’s economy and increased the cost of government borrowing

Daily Mirror · Oct 11, 2022

Labour to pile pressure on government for further U-turns over ‘disastrous’ mini-Budget

Party intends to use parliamentary processes to force the Tory chancellor to reverse his budget

The Independent UK · Oct 10, 2022

Chancellor’s tax giveaways mean ‘painful’ £60bn spending cuts, IFS warns

The government must slash spending by £60bn and risk political turmoil to get debt under control unless it abandons plans for lower taxes, a leading economic think tank has warned

The Independent UK · Oct 10, 2022