The Latest Breaking News from Liz Truss

Badenoch says Tories need ‘a clear plan to change this country by changing the way that government works’

The error may have contributed to the market jitters that were seen in the wake of the Budget

In the long line of UK government budgets, this first one from Labour in 14 years will be remembered as one of the more significant. Perhaps not like those of Geoffrey Howe in 1981, which controversially cut spending in the middle of a recession, or Hugh Dalton in 1946, which…

Warning from Institute of Directors comes as ratings agency Moody’s says budget will do little to improve growth

ASK ME ANYTHING: In this exclusive Q&A session, The Independent’s political commentator Andrew Grice addresses key dynamics in the Tory leadership race, and what we can expect when Kemi Badenoch or Robert Jenrick takes the helm

ANALYSIS : Ignore the comparisons, writes Howard Mustoe – any suggestions that market concerns over Rachel Reeves’s Budget bear any similarity to the chaos that followed Liz Truss’s economic disaster are wide of the mark

Treasury minister says situation after Truss’ mini-Budget ‘completely different in contrast to now’

Chancellor, on a post-budget visit to Newcastle, says ‘markets move all the time’

Darren Jones says ‘we’ve all got PTSD’ from Truss’s 2022 mini-budget, amid market jitters after this week’s budget

Treasury minister Darren Jones suggested the UK had ‘PTSD’ from Liz Truss’s mini budget, amid jitters from markets.

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’