The Latest Breaking News from Liz Truss

Labour’s first budget in 14 years appears to have avoided the Halloween nightmares that many predicted. Yes, the overall tax burden is at its highest level since 1948, but this budget’s tax and spend distribution is such that it spreads both the pain and the benefit. Most of the pain…

Voting has closed in contest to lead Britain’s Conservative Party after its crushing election defeat

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

Tory former chancellor Jeremy Hunt has written to the UK’s top civil servant about an Office for Budget Responsibility review of his spending plans.

Department’s finances were slashed during austerity and campaigners say more cuts will stall progress to meet nature and climate targets

The Tory leadership candidate says the party churned out a laundry-list of promises instead of listening to members

10-year gilt yields have risen in the past month but are within the range of other pre-budget periods

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

KEIR Starmer has said he does “not accept” that Labour efforts to fiddle borrowing rules will result in Liz Truss-style mortgage hikes.