The Latest Breaking News from Kwasi Kwarteng

One of the axioms of communication is that nobody ever had a communication problem who didn’t have a real problem. Liz Truss and her diminishing band of supporters have been trying to argue that her political problems are really just flaws in presentation but they are kidding themselves. The mood…

Despite the screeching U-turn on income tax, the PM still needs to regain the confidence of her backbenchers

The tax cut was part of a package of unfunded cuts unveiled only days ago that sent the pound to record lows and was widely seen as politically toxic.

Truss and Kwarteng are ‘zealots’ practising ‘GCSE economics’, says Gareth Quarry

The policy was being defended by the government as recently as 24 hours before it collapsed

DOUGLAS Ross has said the Tory government was “right” to U-turn on plans to cut taxes for the rich – despite having publicly backed the policy.

Social media awash with people poking fun at PM, chancellor, and others who backed cut to 45p tax rate

The Chancellor faces accusations of leaving vital public services with a 'massive black hole in their budgets' as he refused to be drawn on whether the government will curb public spending

LIZ Truss’s own external economics adviser has insisted he warned her and the Chancellor about the risks of their mini-budget after Kwasi Kwarteng…

Spending on welfare benefits and public services is next battleground, predicts former minister

Chancellor Kwasi Kwarteng has scrapped plans to ditch the highest rate of income tax after just 10 days after national outcry, but is keeping basic rate tax cuts for lower earners