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The Latest Breaking News from Liz Truss

Pound, shares and UK government bonds rally after most mini-budget tax cuts ditched – as it happened

Pound holds gains and gilt yields remain lower as new chancellor rips up Trussonomics, pushing tax take to 70-year high this parliament

The Guardian - UK

Chancellor to make emergency statement with more U-turns expected

Jeremy Hunt will speak to the Commons today to “ensure sustainable public finances underpin economic growth”

Birmingham Post

More U-turns expected as Chancellor Jeremy Hunt to make surprise statement

Jeremy Hunt to make statement to "ensure sustainable public finances underpin economic growth"

Chronicle Live

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Monday briefing: What the prime minister can do to save her job

In today’s newsletter: With Jeremy Hunt installed in No11 and scrapping large swathes of her economic agenda, we look at whether Liz Truss can reverse her fortunes

The Guardian - UK

What the papers say – October 17

Monday’s papers continue with coverage of Tory party turmoil.

The Independent UK

Jeremy Hunt to make emergency statement to stabilise the market

The new Chancellor is expected to set out plans for spending cuts and tax increases.

The Independent UK

New Chancellor Jeremy Hunt to make public announcement on Monday

Changes to the economy which were planned for the end of the month look set to be accelerated

Wales Online

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Jeremy Hunt to make snap statement on medium-term fiscal plan

UK chancellor brings forward major announcement of mini-budget repair measures as Liz Truss fights for survival

The Guardian - UK

Economy in crisis, Tories in meltdown: how I have told the sad, strange story of Britain

Brexit, Johnson, Truss’s U-turns – I have tried to explain it all to a US audience. It’s been hard, says veteran foreign correspondent Stryker McGuire

The Guardian - UK

Jeremy Hunt news – live: Chancellor to reveal Liz Truss’s spending cuts U-turn today

It comes as over 100 Tory MPs are ready to submit letters of no confidence in PM

The Independent UK

Liz Truss v lettuce: Tabloid’s cruel test of longevity

A British tabloid is live streaming a head of lettuce, asking viewers which will expire first – the lettuce, or Liz Truss' leadership?

The New Daily

Will Liz Truss still be Prime Minister by the time you have finished this column?

There is complete political chaos, but it doesn't have to be this way...we can be saved by independence.

Daily Record

Throw Liz Truss and the Tories out now

Record View says the Prime Minister has proved she is not fit to run the country.

Daily Record

How could the Tories get rid of Liz Truss?

Her U-turns have seemingly done little to quash growing disquiet within the party.

The Independent UK

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France 24

Turbulent times for Truss as Tories plot mutiny against UK leader

When Liz Truss was running to lead Britain this summer, an ally predicted her first weeks in office would be turbulent.

Wales Online

Truss bids to save premiership amid growing unrest in Tory party

All eyes will be on the market reaction on Monday morning, after the PM effectively ditched her economic agenda last week

The Independent UK

Hunt, Rees-Mogg, Coffey and Johnson all set to lose seats in Labour election landslide, poll says

Conservatives on course for worst election result since 1906, Opinium research indicates

Reuters

New UK finance minister Hunt reverses Truss's economic plan in dramatic U-turn

Britain's new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy support scheme on Monday, making a historic policy U-turn to try to stem a dramatic loss of investor confidence.

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The Independent UK

NHS facing mass staff walkouts this winter as unions hold votes on coordinated strike action

TUC meeting in Brighton ahead of ballot of 400,000 Unison healthcare workers

The Guardian - UK

Goldman Sachs expects worse UK recession in 2023

Bank tips economy to shrink 1% in downgraded forecast, but also predicts lower inflation and interest rates

The Independent UK

Transgender MP accuses fellow Tories of ‘weaponising’ trans issues in leadership race

Bridgend MP criticises PM for failure to ‘challenge this behaviour’

Daily Record

Liz Truss told to quit by three Tory MPs as PM faces fight for survival

Liz Truss and her new Chancellor Jeremy Hunt face a make-or-break week as they try to win support from the markets and the Tory party amid calls for her to go.

Daily Mirror

Liz Truss 'moonlights on Celeb SAS: Who Dares Wins' as PM lookalike appears on show

Channel 4 viewers were amused and left double-taking during the finale of Celebrity SAS: Who Dares Wins, after spotting a Liz Truss lookalike

Reuters

Lawmakers will try to oust UK PM Truss this week, Daily Mail reports

British lawmakers will try to oust Prime Minister Liz Truss this week despite Downing Street's warning that it could trigger a general election, the Daily Mail reported.

Daily Record

Tories facing humiliation at next General Election as 10 ministers set to lose seats

A new opinion poll, conducted by Opinium for the TUC, found that 219 Tory MPs would lose their seats which would include 10 of the current Cabinet.

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