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The Latest Breaking News from Liz Truss

New UK chancellor admits ‘mistakes’, warns of tax hikes

Jeremy Hunt warns of tax hikes, saying ‘very difficult decisions ahead’, as Prime Minister Liz Truss faces a backlash.

Al Jazeera

Jeremy Hunt says difficult decisions ahead after Truss ‘mistakes’

New chancellor vows to be ‘completely honest with country’ amid rumours PM has only weeks left in role

The Guardian - UK

Miriam Margolyes a 'national treasure' after Jeremy Hunt 'f*** you' on BBC radio

The actress shared her x-rated thoughts on new Chancellor Jeremy Hunt

Liverpool Echo

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New UK Finance Minister Warns Some Taxes Will Rise in Sign of New U-turn

Britain's new finance minister Jeremy Hunt said on Saturday that some taxes will have to go up, signaling another abrupt policy U-turn by Prime Minister Liz Truss who is battling to save her leadership just over a month into her term. In an attempt to appease financial markets that have…

Asharq Al-Awsat

Odds for Liz Truss to leave No 10 before the end of the year slashed

The future of Ms Truss’s leadership appears precarious - and the bookies agree

The Independent UK

Jeremy Hunt: Kwarteng made ‘two mistakes’ but PM’s growth plan the right one

Jeremy Hunt rebuked the ‘mistakes’ of the Liz Truss administration in his first interview since taking the job

Evening Standard

‘It feels like game over’: Truss struggles for authority as Tories plot her demise

Her MPs know that just as Boris Johnson shredded the image of Conservative integrity, she has done it for economic competence

The Guardian - UK

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Jeremy Hunt says taxes will rise and ‘difficult’ cuts are needed after mini-Budget ‘mistakes’

Also refused to commit to PM’s pledged 1p cut in income tax and to raise defence spending to 3 per cent

The Independent UK

Three hour blackouts and midnight washes - what energy rationing could look like this winter

Britain hasn't had energy rationing since the 1970s - so what could it look like today?

Manchester Evening News

Scrambling Jeremy Hunt says Truss government made mistakes - and some taxes WILL rise

Jeremy Hunt, who replaced sacked Kwasi Kwarteng as Chancellor on Friday, said in his first interview in the role "mistakes had been made" and warned of a challenging situation to come

Daily Mirror

Jeremy Hunt says mistakes made and taxes set to rise as Bank warns of ‘strong response’ to inflation – as it happened

Chancellor says ‘difficult decisions’ ahead with some departments needing to find savings and some taxes set to rise

The Guardian - UK

If Liz Truss is ousted, who could replace her as prime minister?

Five contenders who could succeed Truss as the Conservative party’s fifth leader since the Brexit vote in 2016

The Guardian - UK

How have the papers reacted to Liz Truss’s efforts to save her premiership?

Ms Truss sacked Kwasi Kwarteng as chancellor and ditched a major chunk of her mini-budget on Friday in a desperate bid to stay in power.

The Independent UK

Jeremy Hunt may still have to find £40bn of cuts as chancellor, say experts

Kwarteng’s replacement is warned of inflation impact, crumbling services and financial ‘black hole’ that he has two weeks to fill

The Guardian - UK

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The Guardian - UK

Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against

Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington

Daily Record

Liz Truss may still be in office but she is now out of power

Record View says the vast majority of Truss’s own MPs can’t stand her and are openly plotting to remove her as quickly as possible.

The Guardian - AU

‘Time’s up’: what the papers say about Liz Truss and her fight to stay prime minister

Turmoil in Tory party takes centre stage after unconvincing moves by an unrepentant Truss to fix her policy crisis

Wales Online

Liz Truss fighting to stay in power following chaotic day in Westminster

It comes after she sacked her chancellor and ditched a major chunk of her mini-budget

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The Independent UK

What the papers say – October 15

The death of Scottish actor Robbie Coltrane features on many of the front pages.

Daily Mirror

'Tories turned prosperous UK into international laughing stock - they ALL need to go'

While this paper will not mourn watching Liz Truss's premiership limp towards its inevitable end, it does mourn the damage she is doing - she should be forced from Downing Street as quickly as possible

The Independent UK

Tory MPs ‘sending in no confidence letters’ to 1922 Committee in bid to oust Liz Truss

‘Poppadom plotters’ reportedly met to discuss how to force out the prime minister

Daily Mirror

'Liz Truss signed her own death warrant in nonsensical 9 minute press conference'

It was not just having to U-turn on her signature policy of corporation tax cuts that sealed her fate. It was her complete inability to show any contrition for the damage she has inflicted on her country and her party

Daily Mirror

Liz Truss could be out of No 10 in DAYS as government implodes and Tories plot

Liz Truss is now desperately clinging to power as her own MPs attempt to find a replacement for the PM, who some describe has made the party a 'laughing stock'

The Conversation

Kwasi Kwarteng: only a desperate prime minister sacks a chancellor

Having seen her government’s popularity plummet just weeks after taking office, British prime minister Liz Truss has sacked her chancellor of the exchequer, Kwasi Kwarteng in a bid to save herself. Kwarteng, widely seen as Truss’s right-hand man, was rushed back to London from New York for the occasion, where…

Daily Mirror

Kwasi Kwarteng's overnight dash home to get sack after deluded gamble led to misery

Kwasi Kwarteng had been chancellor for just 38 days, the second-shortest time ever spent in the post, as Liz Truss replaced him with Jeremy Hunt on a day rapidly descending into farce

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