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The Latest Breaking News from Liz Truss

Goldman Sachs sees deeper UK recession after tax U-turn

Goldman Sachs has downgraded Britain's economic outlook and warned of a deeper recession next year after Prime Minister Liz Truss last week removed Kwasi Kwarteng as chancellor and scrapped parts of their unpopular economic package.

Reuters

‘Game is up’ - Tory MP calls for Liz Truss to step down

‘I think the game is up and it’s now a question as to how the succession is managed’

Evening Standard

Tory former minister: the game is up for Liz Truss as Prime Minister

A senior Conservative MP also said it is ‘very difficult’ to say whether Liz Truss should continue in the top job.

The Independent UK

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UK’s Liz Truss struggles to save premiership after tax U-turns

Truss is under pressure after making U-turns on two major policies, as new Chancellor Hunt makes a new budget plan.

Al Jazeera

New UK Treasury chief insists Truss retains control

The new U.K. Treasury chief has insisted that Prime Minister Liz Truss retains control of her government despite having to roll back her signature economic policies weeks into her premiership

The Independent UK

UK nuclear body backs plans to develop a new small-scale nuclear project in Wales

NDA has signed a memorandum of understanding with Cwmni Egino to support their development of a new small-scale nuclear project in Trawsfynydd, Gwynedd

Wales Online

Archbishop of Canterbury criticises tax cuts for the rich

Justin Welby ‘deeply sceptical about trickle-down theory’ and can see no moral case for budgets that disproportionately affect poor

The Guardian - UK

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Question over Truss’s future as PM very difficult, says Tory MP

Senior Conservatives have said they are talking with their party colleagues about how to best address the crisis.

The Independent UK

UK Government look like 'libertarian jihadists', says Tory MP

A SENIOR Tory MP has accused the UK Government of looking like “libertarian jihadists” and of “treating the whole country as laboratory…

The National (Scotland)

Heartbroken family welcome daughter one year on from covid baby loss

Megan Eatock began suffering with what she thought were phantom labour pains when she was 31-weeks pregnant with her first child

Liverpool Echo

Liz Truss is now a case study in poor leadership

British prime minister Liz Truss has picked the wrong time and place to discover that leadership may not be quite her thing.

The New Daily

Chequers: The country retreat that has seen many historic moments in politics

The house in the Chilterns was gifted a century ago to whoever holds the office of prime minister.

The Independent UK

As Truss heads for crucial Monday, signs are that U-turns will not be enough

Jeremy Hunt is trying to reassure hedge funds but UK’s reputation for political stability has been shredded

The Guardian - UK

US President Joe Biden brands Liz Truss's mini-budget a 'mistake'

Ahead of a meeting between Biden and Truss in New York last month he hit out at "trickle down" economic policies, associated in the United States with former President Ronald Reagan and Republicans.

Daily Record

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Daily Mirror

Jeremy Hunt won't rule out more U-turns but insists crisis-hit Liz Truss still 'in charge'

The new Chancellor insisted Liz Truss was 'in charge' but said he wasn't 'taking anything off the table' when asked if he was about to axe more of her tax-cutting plans

Manchester Evening News

Tory MP says Liz Truss's Government 'treating the whole country as laboratory mice' over economic policy

He called for a 'dramatic reset' and urged the Government to apologise to the electorate

Daily Record

Jeremy Hunt insists Liz Truss remains 'in charge' as he signals her mini-budget could be scrapped

The new Chancellor, brought in to replace the sacked Kwasi Kwarteng, is now widely seen as the most powerful figure in Westminster.

The Guardian - UK

Jeremy Hunt says Liz Truss is still in charge, but fails to rule out more U-turns

Chancellor warns of public spending cuts as he tears up PM’s economic agenda and vows to reassure markets

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The Independent UK

Truss under pressure to reshuffle cabinet days after sacking her chancellor

Jeremy Hunt urges Tory MPs not to oust ‘changed’ PM

The Independent UK

Hunt says Truss has ‘changed’ as he urges Tory MPs not to ditch her

As senior Tory accuses PM of looking like ‘libertarian jihadist’ who treats country as ‘lab mice’

Reuters

UK PM Liz Truss is in charge, says her new finance minister

British Prime Minister Liz Truss is in charge of the government, her newly appointed finance minister Jeremy Hunt said, rejecting the idea that the party should replace her after a tumultuous start to her term in office.

Manchester Evening News

Mum heartbroken to lose girl at 31 weeks due to Covid has rainbow baby one year on

Megan has spoken of her loss and the support she received

Daily Mirror

Joe Biden brands Liz Truss's tax cut plans a 'mistake' in blistering broadside

The US President said he 'wasn't alone' in thinking Liz Truss and Kwasi Kwarteng's plans were going to fail, having previously lashed out at 'trickle-down economics'

Reuters

UK finance minister Hunt vows to win back financial market trust

New finance minister Jeremy Hunt promised to win back Britain's economic credibility by fully accounting for the government's tax and spending plans, while insisting his boss Liz Truss remained in charge of the country.

The National (Scotland)

Joe Biden brands Liz Truss's economic plan a 'mistake'

US President Joe Biden has branded Liz Truss’s economic plan a “mistake” amid continued criticism of the Prime Minister’s policies.

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