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The Latest Breaking News from Kwasi Kwarteng

As the Bulb fiasco shows, hoping for the best is not good strategy

The mistake of not hedging the takeover of the firm from the outset says a lot about the UK’s approach to energy security

The Guardian - UK

Rishi Sunak indicates he would not take cabinet post under Liz Truss

Underdog in Tory leadership race says cabinet ministers ‘really need to agree with the big things’

The Guardian - UK

Sunak effectively rules out serving in a Truss cabinet, suggesting they don’t agree on ‘big things’ – as it happened

Tory leadership candidate says he is focused on race for No 10; energy bosses call for end to battle so new PM can tackle bills crisis

The Guardian - UK

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Truss poised to plunge UK economy into ‘inflation spiral’, says Sunak

Truss cannot deliver £50bn tax cuts and support packages without pushing debt to dangerous levels, says Tory leadership rival

The Guardian - UK

Rishi Sunak’s camp tells Liz Truss to ‘come clean’ over ‘dangerous’ tax plans

The former chancellor’s team said the Foreign Secretary’s plans could force public finances into ‘serious jeopardy’.

The Independent UK

Tory plan to reduce green energy firm profits with bills set to spike

Business secretary Kwasi Kwarteng is set to take action

Evening Standard

Campaigners blast decision to fund new nuclear power plant as 'dodgy'

CAMPAIGNERS have slammed the approval of funding for a new multibillion-pound nuclear power station.

The National (Scotland)

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Doctors’ anger over Government proposals for GPs to prescribe energy discounts

The BMA said they ‘completely reject’ the policy being considered after it was drawn up in the Treasury.

The Independent UK

Boris Johnson approves funding for Sizewell C nuclear plant in ‘dodgy decision by lame duck PM’

Private funding will be sought for the project in Suffolk estimated to cost £20-30 billion.

The Independent UK

Boris Johnson approves nuclear plant costing billions - weeks before new PM arrives

Funding for the Sizewell C nuclear power station has been approved in Suffolk, and the government will make a final decision on public investment later this year - though it could be £6bn

Daily Mirror

Boris Johnson approves funding for Sizewell C nuclear plant

Project expected to cost between £20-30 billion

Wales Online

Brits will be paid to run tumble dryers at quieter times to save UK from blackouts

National Grid ESO is working on plans to be rolled out in October or November, where people will be 'incentivised' for stopping their energy-gobbling appliances at peak times

Daily Mirror

Government draws up 'demented' plan to send Brits to GPs for an energy bills discount

Treasury officials drew up the radical plan as one way of cutting energy bills for the most vulnerable - but a former aide branded it 'one of the most demented ideas I've ever seen'

Daily Mirror

Energy price cap ‘may triple by April’, as Kwarteng ‘plans clampdown’ on wind and solar firms

Business secretary insists that ‘help is coming’ amid ‘deep anxiety’ over rocketing bills

The Independent UK

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The National (Scotland)

Liz Truss 'begins filling key Cabinet roles' as allies believe contest is over

LIZ Truss has begun filling her Cabinet, with key positions set to be awarded to Jacob Rees-Mogg and Suella Braverman, it is being reported.

Chronicle Live

Energy CEO slams 'bonkers' rule preventing 'cheaper electricity' for millions

Greg Jackson believes that the United Kingdom has an old and outdated way of running its energy market

The Guardian - UK

Thatcherism is an obsolete ideology – but it’s the only one that Sunak and Truss have

The Tories see fresh thinking as a luxury, so their leaders are sticking with an orthodoxy that’s well past its sell-by date, says Guardian columnist Andy Beckett

The Guardian - UK

Kwarteng blocks takeover of Pulsic by Hong Kong rival over security concerns

Business secretary says move to protect Bristol-based electronic design firm ‘necessary to mitigate the risk’

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The Guardian - UK

Tuesday briefing: Who could take key roles if Truss becomes PM

In today’s newsletter: With polls tipping Truss as winner of the Tory leadership vote, a look at her priorities as prime minister – and who might help tackle them

The Guardian - UK

Liz Truss cabinet predictions: who could be in and who would lose out?

Analysis: Kwasi Kwarteng and Thérèse Coffey could be among the big winners if Truss becomes PM

The Guardian - UK

The Greenwich gang: how the south-east London borough became the spiritual home of Trussism

A leafy corner of the staunchly Labour district has become a hotbed of rightwing Tories backing Liz Truss for Conservative leader

The Guardian - UK

UK energy bills ‘set to cost two months’ wages’, ministers warned

TUC calls for October energy price cap rise to be cancelled as chancellor tells firms to invest ‘extraordinary profits’

The Guardian - UK

Truss 2, Kwarteng 164: wide variance in ministers’ declared meetings

Analysis also finds Priti Patel was only minister to register receiving hospitality at Tory party conference

The Guardian - UK

Which energy firms met Boris Johnson – and how big are their profits?

Vital statistics on power-generation firms suspected of having cashed in on high energy prices

Evening Standard

Energy firms ‘agree to do more’ to help vulnerable as bills surge - but no new measures announced after crisis meeting

The meeting comes as average annual bills are expected to climb to over £3,500 a year from October, and £4,266 in January

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