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The Latest Breaking News from Kwasi Kwarteng

Go-fast Kwasi is taking a leap of faith even Indiana Jones would shrink from

Afficionados of Indiana Jones will know exactly which sequence provides the perfect accompaniment to Kwasi Kwarteng’s Growth Plan announced last Friday. Towards the end of Indiana Jones and the Last Crusade, when Jones has to cross an unbridgeable crevasse he does so by stepping out with a leap of faith…

Evening Standard

Labour: ‘We’ll bring back 45p top rate to fund more nurses’

Thousands more NHS jobs pledged after Labour promise to end Kwasi Kwarteng’s tax cut

Evening Standard

Plunging pound impact will be felt 'deeply' by households, warn SNP

Market confidence in the pound has plunged following the announcement of the Government’s new economic plans on Friday last week

The National (Scotland)

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Nicola Sturgeon slams 'morally repugnant' UK Government following mini-budget

The First Minister has given her strongest indication yet that Holyrood will not follow the UK Government's tax cutting plans.

Daily Record

Kami-Kwazi bets big while hedge funds short the pound

City Comment: The tax cuts might work. Maybe.

Evening Standard

Liz Truss: Tory MPs sending no-confidence letters over fears she will ‘crash the economy’, says ex-minister

‘Liz is f*****’, says former minister in Boris Johnson government

The Independent UK

Pound hits all-time low in backlash at Kwasi Kwarteng’s tax cuts

Pound crashes to its lowest level against the dollar since 1971

Evening Standard

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'This isn't Bitcoin': Angela Rayner slams Tories 'recklessly gambling' with our money

The Conservative government has recently introduced a controversial tax cuts plan

Liverpool Echo

Nicola Sturgeon: Mini-budget is disaster it would be wrong to follow

The Scottish First Minister said plans to cut taxes were ‘morally repugnant, fiscally damaging and reckless’.

The Independent UK

Letters of no confidence in Liz Truss 'already being put in', claims Tory MP

LETTERS of no confidence in Liz Truss are already coming in amid fears she will "crash the economy", a source has suggested.

The National (Scotland)

Bank of England faces growing pressure for emergency rate rises as bond yields jump

Pound falls to lows not seen in a generation as confidence in UK governments tax plans plummets on global markets

Evening Standard

Mini-budget: How much is stamp duty and how to access tax calculator

Under the new measures, first-time buyers in London and the south-east could potentially save as much as £11,250

Evening Standard

Five ways the falling value of the pound will impact on your daily life

The financial markets reacted badly to Kwasi Kwarteng’s mini-budget last week. But how will it impact ordinary consumers?

Daily Record

ITV Good Morning Britain's Ed Balls hints at Susanna Reid outrage after 'patronising' joke about guest's hair

Ed said he'd have been 'in trouble' if he had said what Susanna had

Manchester Evening News

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The Independent UK

Liz Truss facing more cabinet backlash over moves to bring in more overseas workers

Work and pensions secretary ‘comfortable’ with relaxing rules to fill shortages – but home secretary said to be adamant numbers come down

The Independent UK

Why has the pound hit a record low?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

The National (Scotland)

John Swinney: Scottish Government to 'reflect carefully' on Chancellor's tax cuts

John Swinney said the Chancellor's tax cuts will have "significant" consequences

Manchester Evening News

"We won't forget this": Sacha Lord hits out at Chancellor Kwasi Kwarteng over lack of support for hospitality in mini-budget

Hospitality leaders said the plans did not address business rates or a VAT reduction needed to continue supporting high street businesses

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The Independent UK

Gary Neville says Liz Truss is ‘taking the Mickey’ over tax cuts for rich

Former England international to join Sir Keir Starmer at Labour Party conference

Evening Standard

EU warns UK not to break post-Brexit trade deal in drive for growth

Brussels has warned Britain not to break their post-Brexit trade deal by slashing regulation in its new drive for economic growth.

Manchester Evening News

Holidays, spending and benefits? What the pound hitting a record low means for Britons

Sterling plunged to a record low just days after Kwasi Kwarteng's mini-budget was set out

Evening Standard

Why is the pound dropping against the dollar and why is the dollar stronger?

The new rate marks the lowest the pound has been since decimalisation

Daily Mirror

GMB's Susanna Reid grills Tory MP on tax cuts for the wealthy in heated exchange

Good Morning Britain’s Susanna Reid and co-host Ed Balls spoke with Conservative MP Chloe Smith on the ITV programme

The National (Scotland)

Pound falls to all-time low against US dollar as experts warn of cost-of-living impact

Experts warned the pound’s plunge towards parity with the dollar will send the cost of goods soaring even higher

Daily Mirror

Labour says Kwasi Kwarteng 'fanned flames' for pound's fall with fresh tax cut hints

The pound plunged to an all-time low against the US dollar this morning amid hammered market confidence over the Government's economic plans

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