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The Latest Breaking News from Liz Truss

'Where we are today is frightening': a Pulitzer-winning historian sees a doomsday scenario involving China and the national debt

Liaquat Ahamed, whose “Lords of Finance” redefined the Great Depression, says America’s debt crisis has a clear historical precedent.

Fortune

Sajid Javid says backing Liz Truss to lead Tories was his ‘biggest political mistake’

Former chancellor also tells Hay festival ‘good riddance’ to Tory MPs defecting to Reform

The Guardian - UK

Energy bills hike has already made Reeves’ cost of living package look meaningless

NEWS ANALYSIS: Political editor David Maddox looks at what Ofgem’s announcement on energy bills means for the chancellor

The Independent UK

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Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor

The Guardian - UK

Monday briefing: Is the bond market making Britain ungovernable?

In today’s newsletter: The fate of Liz Truss is a warning to any PM thinking of implementing radical economic reform. But does the need to appease the market mean real change is always out of reach?

The Guardian - UK

The ungovernable country? Why Britain keeps losing prime ministers

May, Johnson, Truss, Sunak, and now perhaps Starmer: each one was brought low for a reason. But what if the deeper problem is the office itself?

The Guardian - UK

From landslide to leadership crisis: where did it all go wrong for Keir Starmer?

The failure of many of the UK’s recent prime ministers, who have passed through Downing Street in quick succession, seems easy to explain. Theresa May couldn’t do what she promised and didn’t “get Brexit done”. Boris Johnson broke his own rules, and the law. Liz Truss failed through sheer incompetence.

The Conversation

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Politics has tossed friendship out of the window – as Keir Starmer is realising

Britain’s embattled PM is beset by enemies. One reason is that Westminster has ceased to be a club and turned into a shambles, says Guardian columnist Simon Jenkins

The Guardian - UK

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous

The Guardian - UK

Labour MPs channel Tory psychodrama as Starmer keeps hiding in plain sight

While some are working out how to get rid of the prime minister, others are already plotting against his rival

The Guardian - UK

Desperate to please but pleasing no one, Starmer’s latest reset could be his last

Monday’s ‘make or break’ speech was one of the PM’s best but the signs are that most Labour MPs have already seen enough

The Guardian - UK

Local elections 2026: What's at stake for Starmer, Labour and London?

The Prime Minister faces a battle for survival as the results of the May elections come in

Evening Standard

One of the last true believers, Pat McFadden is sent out to defend kryptonite Keir

Starmer is determined to see his five-year term through, even if it’s not what the country or the party wants

The Guardian - UK

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer

The Guardian - UK

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The Guardian - UK

Reform government could cause Truss-style chaos, says renewables industry

Lobbyist Tara Singh says stripping projects of subsidy contracts would undermine investor confidence in UK

Evening Standard

Liz Truss's 'pro-growth' Mayfair private members club gets green light despite protests

The ex-Prime Minister joined forces with property tycoon Robert Tchenguiz to open the Leconfield, an exclusive invitation-only club based in MI5’s former Mayfair headquarters

Evening Standard

Which political parties really mean business when it comes to the City?

With the local elections looming, Labour and the Tories are trying to rebuild their boardroom relationships — but could Reform get the CEO vote instead? By Chris Blackhurst

The Independent UK

Why some Labour MPs fear Angela Rayner could be their Liz Truss

NEWS ANALYSIS: Political editor David Maddox looks into the ‘Anybody But Ange’ briefing campaign

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The Guardian - UK

It’s amazing how much damage Kemi can do to herself in five minutes on local radio

Echoes of Liz Truss as Badenoch blusters and blunders through series of short interviews, saving the worst for almost last

The Guardian - UK

Why is Britain’s economy so stuck? It’s the tension between what voters want and what the bond markets allow

There is no such thing as the Bond Dealers party, but there might as well be – the people who trade in UK debt exert a stranglehold over our politics, says Guardian columnist Larry Elliott

The Guardian - UK

‘Nigel is mad to accept his money’: who is Christopher Harborne, the mystery billionaire bankrolling Reform?

A crypto tycoon is giving record-breaking amounts to Farage’s party. But little is known about his motives

The Conversation

Prime ministers have always faced political scandals – so why can’t they weather them now?

UK prime ministers today are about as secure in their jobs as football managers. In the nearly three decades between 1979 and 2005, Britain had just three prime ministers: Margaret Thatcher, John Major and Tony Blair. From 2005-2015, we again had three: Blair, Gordon Brown and David Cameron.

The Guardian - UK

Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule

The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed

The Independent UK

Nigel Farage makes £2m bitcoin purchase as he backs Kwasi Kwarteng’s cryptocurrency firm

Stack BTC said the purchase was a ‘landmark moment’ in British politics

Evening Standard

Scottish Tory manifesto to launch with focus on tax and cutting benefits bills

Scottish Conservative leader Russell Findlay is set to make a speech in Edinburgh on Tuesday.

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