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The Latest Breaking News from Kwasi Kwarteng

Tax cut plans pull British pound to 4 decade lows

The British pound has resumed a slide that picked up pace last week after the U.K.’s new government outlined plans to cut taxes and boost spending

The Independent UK

Pound hits all-time low as fallout from Kwasi Kwarteng's 'mini-budget' continues

The Chancellor has hinted at more tax cuts to come

Manchester Evening News

National Trust boss slams new government Investment Zones 'abandoning' nature

“The Trust will always defend protections for nature and heritage, and we will respond in full to any proposals.

Manchester Evening News

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Pound recovering after hitting all-time low against the dollar

Sterling plunged to its lowest level against the US dollar - at just over $1.03 - since decimalisation in 1971

The Independent UK

Gary Neville denies plot to run for Labour in Greater Manchester while attacking Tories

"They continue to just laugh at us constantly with what they’re doing"

Manchester Evening News

The Kwarteng plan puts at risk the very poorest people in the UK – and growth

The government’s policy approach risks stagflation. It is making history for all the wrong reasons, says economist Mohamed A El-Erian

The Guardian - UK

Monday briefing: The pound slumps in Asia – and the far right rises in Italy

In today’s newsletter: Sterling crashes against the dollar as a coalition led by the post-facist Brothers of Italy triumphs

The Guardian - UK

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Pound hits all-time low against dollar and is now worth just $1.03 after Mini-Budget

The pound plunged to a record $1.03 low against the US dollar this morning as international markets continued to reject Kwasi Kwarteng's tax-cutting Mini-Budget

Daily Mirror

Sterling slides back towards record low as Bank of England and Treasury fail to reassure markets – as it happened

Bank of England says it ‘will not hesitate’ to change interest rate but appears to be trying to squash expectations of an emergency rise

The Guardian - UK

Pound sinks to record low against dollar as Kwasi Kwarteng hints further tax cuts on way

The Chancellor has previously brushed off questions about the markets’ reaction to his mini-budget

Evening Standard

Pound falls to all-time low as Kwasi Kwarteng hints further tax cuts on way

Despite criticism over the abolition of the top rate of tax, Mr Kwarteng insists he is 'focused on tax cuts across the board'

Wales Online

Pound - live: Bank of England ‘won’t hesitate’ to hike interest rates to curb inflation

The pound sterling tumbled to an unprecedented $1.0327

The Independent UK

Ex-England star Neville due at conference as Labour sets out investment plan

Shadow chancellor Rachel Reeves has the main speech but Gary Neville will be the star attraction at the Liverpool conference.

The Independent UK

Latest poll puts Labour 12 points in the lead as Starmer pledges to drop tax cut for top earners

The Labour Party are surging ahead in the polls after Sir Keir Starmer pledged to reverse the Government’s “wrongheaded” income tax cut for people earning more than £150,000.

Evening Standard

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Liverpool Echo

Rayner takes fight to 'Tory sleaze merchants' as she kicks off Labour conference

"The Conservatives have made their choice. They've chosen their side. But we are on yours and are ready to lead this country to better"

Irish Mirror

Gary Neville says Truss is 'taking Mickey out of us' with 'immoral' tax cuts for rich

The former England international accused Liz Truss of “taking the absolute Mickey out of us” by helping the well-off as ordinary families find it difficult to make ends meet

The Independent UK

Starmer resisting pressure from inside own party over reversal of tax cuts

Labour leader dramatically vows to restore 45p income tax for richest - but backs Tory cut to basic rate

The Guardian - UK

Keir Starmer vows to reinstate top rate of income tax to fund public services

Exclusive: Labour to argue investing in NHS, schools and childcare is only way to build foundations of a strong economy

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news in one place.

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The Guardian - UK

Labour focuses on spelling out alternative vision for the economy

Public services and spectre of austerity will feature in speech as Rachel Reeves sets out dividing lines with Tories

The Guardian - UK

Kwasi Kwarteng’s mini-budget was a reckless gamble

Letters: Giving handouts to the rich is a fiscal and moral outrage, writes Prof Alan Walker; plus letters from Howard Fielding, Ivor Morgan, Richard Heller, Helen Briggs, John Platt, Jeffrey Borinsky and the parent of a City worker

The Guardian - UK

Liz Truss ‘promised chief of staff next Tory election campaign in exchange for No 10 job’

Exclusive: Senior Conservatives warn ‘quid pro quo’ arrangement with Mark Fullbrook spells ‘electoral doom’

The Independent UK

‘A matter for the Bank of England’: Liz Truss refuses to discuss if UK in recession

Chancellor Kwasi Kwarteng also claims he can’t comment on ‘market movements’ following pound’s plunge

The Independent UK

Britain’s defence spending to double to £100bn next year, says Ben Wallace

The British armed fores are ‘actually going to grow’ for the first time since the Cold War, defence secretary says

Daily Mirror

Andy Burnham at odds with Labour leader Keir Starmer over Tory income tax cuts

Greater Manchester Mayor Andy Burnham contradicted Labour's position on income tax cuts, saying the 1p cut to the basic rate should not go ahead

The Guardian - UK

Liz Truss’s chief of staff paid via lobbying firm in potential tax-saving move

Revelation about Mark Fullbrook follows last week’s repeal of rules to stop people paying themselves through companies to minimise tax

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