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The Latest Breaking News from Liz Truss

Hard-hit Defra to have budget slashed further despite warnings

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

The Guardian - UK

Farage and Reform ‘not the cause of Tory problems, but a symptom’, says Badenoch – as it happened

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

The Guardian - UK

Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

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

The Guardian - UK

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Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

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

The Independent UK

Keir Starmer denies fiscal fiddling will trigger Truss-style mortgage hikes

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

The National (Scotland)

From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

The Guardian - UK

Novelist Jonathan Coe: ‘Liz Truss was very unimpressed to meet me’

His new novel is set during the former PM’s brief premiership, so what happened when they had dinner? The author on politics, cosy crime and bingeing Friends

The Guardian - UK

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Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

The Chancellor is also set to announce a string of tax rises in the Budget on October 30

Evening Standard

If the Budget can increase the size of the economic pie then we will all be better off

A big feature of the Budget will be an increase in public investment, perhaps by around £18bn, paid for by a rise in public borrowing

Evening Standard

What the Dickens is Robert Jenrick trying to tell us?

The Tory leadership contender’s assertion that the last book he read was A Tale of Two Cities is open to several interpretations

The Guardian - UK

Rachel Reeves won’t be loved for a tough budget. Her best hope is to earn respect

Labour nerves are jangling in advance of the most significant event since the election

The Guardian - UK

Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown

Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets

The Guardian - UK

Kemi Badenoch says her first act as prime minister would be to restore tax breaks for private schools

Ms Badenoch told Tory members to ‘stop blaming Brexit for all our problems’ and added Reform leader Nigel Farage would not be welcome in the party

The Independent UK

Tory debate takeaways: a clash of styles, a tame format and a win for Badenoch

Kemi Badenoch and Robert Jenrick took questions from Conservative party members on Thursday night

The Guardian - UK

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The Guardian - UK

Half of Tory councillors do not believe Jenrick or Badenoch can win next election

Poll finds 15% not planning to vote in leadership contest – far more than in Truss v Sunak contest in 2022

The Independent UK

Liz Truss’ think tank publicly shames Kemi Badenoch for not answering questions

Liz Truss’s think tank Popcon asked the two Tory leadership finalists 12 questions - but only one of them answered

The Guardian - UK

No matter who Tory members choose, the party has a mountain to climb in 2029

The candidates each garnered about a third of fellow MPs’ votes, but the fracturing of British politics presents bigger problems, says Conservative peer Paul Goodman

The Guardian - UK

The idiot’s apostrophe, West Wing words and 55,000 Bibles – take the Thursday quiz

Questions on general knowledge and topical trivia, plus a few jokes, every Thursday. How will you fare?

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The Independent UK

Rachel Reeves warned up to £25bn of tax rises needed to avoid austerity

Rachel Reeves’ first budget could be ‘the most consequential since at least 2010’, the IFS said

The Guardian - UK

Labour needs £25bn a year in tax rises to rebuild public services, warns IFS

Thinktank says tax increases in budget will be necessary even if Rachel Reeves changes fiscal rules

The Independent UK

Rachel Reeves’s potential borrowing plan risks repeat of Truss mini-Budget meltdown, warns financial expert

Downing Street dismissed the concerns as the Institute for Fiscal Studies said the prospective borrowing plan is ‘very uncertain’

The Independent UK

UK Conservatives narrow their leadership race to 3 as a new front-runner surges

Conservative lawmakers in Britain have ejected former Security Minister Tom Tugendhat from the party leadership contest

The Guardian - UK

Minister denies government in disarray despite departure of Sue Gray

John Healey says Labour ‘getting on with job’ after chief of staff quit less than 100 days into new government

The Guardian - UK

Confused and conflicted: Tory party’s future hangs in the balance after divided conference

The four leadership candidates strutted around Birmingham last week like celebrities, but members seem unimpressed – and MPs think whoever wins might not even last until the next election. How do the Conservatives move forward?

The Guardian - UK

Wealthy, white and rightwing: the Tory members holding the party’s future in their hands

The electorate for the Conservative leadership contest likes a winner, but lately has had trouble picking one

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