The Latest Breaking News from Kwasi Kwarteng

All your energy bill questions answered as Liz Truss confirms new £2,500 freeze

Liz Truss yesterday pledged households will “now pay up to an average £2,500 a year on their energy bill for the next two years” as part of new cost of living help - but what does this mean for your bills?

Daily Mirror · Sep 9, 2022

Senior Treasury official Sir Tom Scholar leaves post after six years

The experienced mandarin says the new Chancellor believes it is time for change at the helm of the department.

The Independent UK · Sep 8, 2022

Tom Scholar, permanent secretary to the Treasury, sacked by Liz Truss

Government likely to seek replacement amenable to its plans of economic growth through tax cuts

The Guardian - UK · Sep 8, 2022

The U.K. now has its most diverse Cabinet in history thanks to new PM Liz Truss

For the first time in British history, none of the four most senior Cabinet posts — prime minister, chancellor of the exchequer, foreign secretary and home secretary — are taken up by a white male.

WEKU · Sep 8, 2022

The rise of Kwarteng, Badenoch and Cleverly must change the face of Labour

For too long, the progressive party has done too little to show its black members they can reach the top. There can be no more excuses, says former journalist and publisher Michael Eboda

The Guardian - UK · Sep 8, 2022

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 · Sep 8, 2022

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 · Sep 8, 2022

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 · Sep 8, 2022

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 · Sep 8, 2022

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 · Sep 7, 2022