The Latest Breaking News from Liz Truss

Voting closes in contest to lead UK Conservative Party as it seeks to rebound from defeat

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

The Independent UK · Oct 31, 2024

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely

The Guardian - UK · Oct 31, 2024

Budget ‘biggest-ever assault’ on competitiveness, says former chancellor Hunt

The Conservative shadow chancellor opened a Commons Budget debate on Thursday.

Evening Standard · Oct 31, 2024

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 · Oct 29, 2024

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 · Oct 29, 2024

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 · Oct 29, 2024

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 · Oct 28, 2024

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) · Oct 28, 2024

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 · Oct 28, 2024

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 · Oct 26, 2024