The Latest Breaking News from Kwasi Kwarteng

Businesses welcome 'lifeline' energy price support - but say Kwasi Kwarteng needs to give them more support in Friday's mini-Budget

Chancellor 'must take steps to address the cost of doing business'

Birmingham Post · Sep 21, 2022

What time will Kwasi Kwarteng announce mini-budget with £30bn in tax cuts on Friday?

The mini-budget is the first key example of strategy that the UK will see from Liz Truss and her government

Evening Standard · Sep 21, 2022

Government borrowing soars to record £11.8bn ahead of emergency mini-budget

The figure is almost double the £6bn predicted

Manchester Evening News · Sep 21, 2022

Energy support for businesses to cost ‘tens of billions’, Rees-Mogg says; firms and schools fear cliff edge – as it happened

Capping electricity and gas for six months won’t provide long-term security, schools and hospitality firms fear, as business secretary hints at more support

The Guardian - UK · Sep 21, 2022

Ever bold, always cocky and never a mission accomplished: this will be the tale of PM Truss

The pattern is already clear – a rush for growth, no concern about the risks, and a fall that everyone saw coming, says Guardian columnist Rafael Behr

The Guardian - UK · Sep 21, 2022

Chancellor told by devolved governments not to pass energy costs to households

The finance ministers from Scotland, Wales and Northern Ireland have asked UK Chancellor Kwasi Kwarteng to take urgent action on the cost crisis.

The Independent UK · Sep 20, 2022

Business energy bills could be capped from next month

Independent pubs among those who will get longer-term support, Liz Truss indicated

The Independent UK · Sep 20, 2022

Liz Truss favours trickle down economics but results can be trickle up

UK PM is reviving the idea that cutting taxes for the better off ultimately benefits everyone. The IMF disagrees

The Guardian - UK · Sep 20, 2022

Liz Truss prepared to make 'difficult decisions' like lifting bankers' bonus cap

The Prime Minister was asked, “Whose side are you on?” over plans to lift the cap on bankers' bonuses

The National (Scotland) · Sep 20, 2022

Police chiefs warn of daunting choice between cuts and council tax hikes as energy costs bite

Police commissioner Dr Alan Billings, who represents South Yorkshire, has pleaded with Liz Truss to provide extra support for forces - saying he's faced with finding an extra £3.7 million due to soaring inflation

Daily Mirror · Sep 20, 2022