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The Latest Breaking News from Kwasi Kwarteng

ECB hikes interest rates by record 75bp and slashes growth forecasts – as it happened

Christine Lagarde warns that eurozone economic growth is weakening, but EBC plumps for record increase in borrowing costs to curb inflation

The Guardian - UK

$Fury as Liz Truss to allow fracking today despite her own Chancellor saying it won't work$

Fury as Liz Truss to allow fracking today despite her own Chancellor saying it won't work

New Prime Minister Liz Truss is set to lift the ban on fracking as part of her energy bills plan - despite Kwasi Kwarteng saying in March that it wouldn't solve the crisis

Daily Mirror

$Truss to lift ban on fracking under plan to increase UK’s energy supply$

Truss to lift ban on fracking under plan to increase UK’s energy supply

New PM will resume extraction of shale gas in places where it is opposed by local communities

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Thursday briefing: What we know about Liz Truss’ plan to curb energy bills

In today’s newsletter: Days into her reign, the new prime minister will announce an effort to tackle rising prices – here’s what it might include

The Guardian - UK

Liz Truss ‘to ditch fracking ban’ as she reveals fresh cost-of-living support

The new premier is expected to tell MPs on Thursday that domestic bills will be frozen at around £2,500.

The Independent UK

Liz Truss’s rejection of windfall tax ‘to saddle UK with debt for decades’

Bill could be higher than cost of bank bailout after 2008 financial crash, expert warns

The Independent UK

Ex-BBC journalist blasted over racist 'coconut cabinet' comment on Liz Truss appointments

Iain Macwhirter reposted a tweet about Kwasi Kwarteng, James Cleverly and Suella Braverman and used an offensive term

Daily Mirror

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Analysis: How diverse is Liz Truss's Cabinet and how many went to private school?

COMMENTATORS have been praising Liz Truss's "diverse" cabinet appointments - but is it all that it seems?

The National (Scotland)

Will Liz Truss’s government adopt or weaken green policies?

Environmentalists assess cabinet appointments and say it is ‘a mixed bag’ and there is no clear direction

The Guardian - UK

With no new windfall tax on energy firms, a cap on nuclear and renewables is urgently needed

Ending the outdated system that links some electricity generators’ revenues to wholesale gas prices could fund UK rescue package

The Guardian - UK

Liz Truss holds out olive branch to Rishi Sunak backers as she recasts junior team

Several MPs who supported the former chancellor in the Tory leadership contest have been handed ministerial roles

Evening Standard

In Liz Truss’s cabinet, loyalty looks like the only quality that really counts

The prime minister has kept her friends close. But will that be enough, when winter bites, asks Katy Balls, the Spectator’s deputy political editor

The Guardian - UK

Britain still heading for recession but inflation could slow down, Bank of England says

Bank of England govenor Andrew Bailey sidestepped questions on whether Liz Truss’s expected energy package could spike a rise in living costs.

Daily Mirror

New UK leader Liz Truss finalises huge power subsidy plan

Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring energy bills, which looks likely to cool inflation but add more than 100 billion pounds ($115 billion) to the country's borrowing.

Reuters

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Evening Standard

‘The shelf-life of a beetroot’: how Kwasi Kwarteng lasted just 38 days as Chancellor

As Liz Truss sacks her right-hand man less than six weeks into the job, Katie Strick charts the rise and fall of the man in charge of last month’s “disastrous” mini-budget

The Conversation

Liz Truss names Thérèse Coffey as her second-in-command – here's how deputies have performed this key role for past PMs

Liz Truss’s cabinet is taking shape, so far with few surprises as the new prime minister names allies to key posts. Much discussion has centred on the diversity of the top team, with Kwasi Kwarteng as chancellor and Suella Braverman as home secretary.

Wales Online

Rows with Marcus Rashford and controversial views on abortion: The new members of Liz Truss's cabinet

Liz Truss's cabinet includes many figures who have been caught up in controversies over their opinions

Al Jazeera

UK leader Truss tackles key issues in first parliament appearance

Truss rebuffs opposition calls for a new windfall tax and promises to ‘fix’ post-Brexit trade deal with the EU.

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news in one place.

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Wales Online

Liz Truss's cabinet in full as new Prime Minister rewards allies

A major reshuffle of the top jobs in government has now been completed

The Guardian - UK

Kwasi Kwarteng assures City of support for Bank of England independence

New chancellor promises City bosses ‘radical’ plan for economic growth and smooths over Truss’s threat to review Bank’s remit

The Independent UK

Liz Truss’s Cabinet in full

The new Prime Minister held her first meeting of the Cabinet on Wednesday morning.

The Independent UK

We need to be prepared for what Trussonomics will mean

What we are about to get is the exact opposite of Thatcherism: an inflationary boom where we try to live beyond our means, but delivered with Thatcheresque determination, writes Sean O’Grady

The Independent UK

New UK Cabinet is diverse in makeup and solidly on the right

Liz Truss’s new Cabinet is Britain’s most diverse ever with women serving as prime minister and deputy prime minister and Black and South Asian politicians filling many of the top jobs

Al Jazeera

Who is in Liz Truss’s new UK cabinet?

British Prime Minister Liz Truss has appointed a new cabinet hours after stepping into the top office.

The Independent UK

New Chancellor must take urgent action to tackle cost-of-living crisis: Swinney

Scotland’s Deputy First Minister has written to Kwasi Kwarteng to urge him to introduce measures such as an energy price freeze.

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