The Latest Breaking News from Kwasi Kwarteng

Currency tumbles again as Bank of England warned it is ending support package for pension funds on 14 October

Concern about the Truss-Kwarteng “dash for growth” mini-budget has morphed into the threat of a full-scale financial crisis, prompting the Bank of England to do more quantitative easing to ease panic in the market for government bonds.

These are anxiety-inducing days. The pound tanking, interest rates rising, mortgage payments set to increase — and that’s just this week’s bad news. Then there’s the worries we all have that only our nearest and dearest will usually know about. In my case, I wake up every morning unsure if…

The PM was quizzed by journalists at eight local BBC radio stations in England on Thursday morning as the fall-out from the Chancellor's mini-budget

Labour is the only party that can lead us out of this mess, says former MP Nick Boles

If Liz Truss thought her hour-long marathon of mini Budget local radio interviews would be a breeze, she was wrong - as listeners asked her "are you ashamed of what you've done?"

Chancellor Kwasi Kwarteng's mini-Budget kick-started a chaotic chain of events that are now affecting everything from mortgages to pensions, with many homeloans pulled from the market and deals cancelled

The Prime Minister has been defending the plan on local radio stations

Bank of England forced to step in to calm gilt markets as mini-Budget financial storm rumbles on