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The Latest Breaking News from Liz Truss

Truss and Kwarteng U-turn on plans to abolish 45p rate of tax for the rich - updated

Proposal had proved unpopular during cost of living crisis

Wales Online

Government makes U-turn on mini-Budget income tax pledge

Chancellor Kwasi Kwarteng will no longer be scrapping the 45p rate of income tax

Wales Online

Monday briefing: Bolsonaro is down in Brazil’s election – but not out

In today’s newsletter: Brazilians will go to the polls again after leftist former president Lula won the first vote but failed to secure a majority over far right incumbent

The Guardian - UK

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Liz Truss and Kwasi Kwarteng SCRAP 45p tax cut for rich in U-turn after Tory mutiny

Chancellor Kwasi Kwarteng made an announcement saying 'we have listened' after a procession of top Tories came out to savage the idea - while benefits look to be cut for the poor

Daily Mirror

Kwasi Kwarteng ‘to bring forward planned fiscal statement’ in another U-turn – as it happened

Guardian understands chancellor will make statement later this month, rather than in November as originally planned

The Guardian - UK

Food bank near Truss and Kwarteng’s homes says locals need ‘torrent’ of help

Greenwich charity in south-east London admits it will struggle to meet demand without surge in donations

The Guardian - UK

Truss's 'yes' boosts Macron's new European forum initiative

UK Prime Minister Liz Truss's decision to join the inaugural summit of a pan-European grouping this week has given a boost to the initiative, a brainchild of French President Emmanuel Macron that some have written off already as just another talking shop.

Reuters

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Pound - live: Kwarteng to accelerate fiscal plan after joking about ‘little turbulence’

It comes after chancellor made a U-turn on his plans to axe the 45p tax rate for the highest earners

The Independent UK

Truss administration has shattered the Tory myth of economic competence

WITH the value of the pound falling faster than a slice of buttered toast determined to leave a stain on the carpet, I thank my lucky stars every…

The National (Scotland)

Liz did it, Charles did it, lots of celebs have done it: Why don’t we care about the awfulness of adultery any more?

Cheating will always be a gut-wrenchingly awful thing to do. Yet we seem more relaxed than ever when the great and good have done it. Oliver Keens asks: has our morality changed or are we just too deferential, confused or downright hypocritical to discuss it any more?

The Independent UK

Douglas Ross branded a 'fringe figure' as he prepares to give keynote speech at side event

Labour's shadow Scottish Secretary Ian Murray took aim at Douglas Ross saying he has been "left an absolute joke" ahead of his speech.

Daily Record

Sarah Smith reveals dad's career leading Labour party put her off politics

The Rt Hon John Smith served as an MP for almost a quarter of a century and, as leader of the UK Labour Party.

Daily Record

Kwasi Kwarteng: We must stay the course with tax-cutting plan

Chancellor to make crunch speech today

Wales Online

General election petition gathers momentum as more than 430,000 sign

The matter will be debated in Parliament after the petition more than quadrupled the required threshold

Wales Online

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The Independent UK

What the papers say – October 3

Politics and a heartfelt plea from Mel B feature among Monday’s front pages.

Daily Mirror

Tory MP 'submits letter' calling for Liz Truss confidence vote amid backbench rebellion

The unnamed member of the parliamentary Conservative party reportedly handed in their letter to the 1922 committee on Sunday night as the Tories' public approval rating plummets

The New Daily

King ‘ordered’ to skip climate summit by British PM

King Charles will not attend an international COP27 climate change summit due to be held in Egypt next month.

Wales Online

Grant Shapps joins Tory revolt over PM scrapping top rate of income tax

Fellow former cabinet minister Michael Gove had earlier threatened to vote against the Government's mini-budget

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The Independent UK

Kwarteng to make crunch conference speech as revolt grows over tax cuts for rich

The Chancellor will insist that his plan to boost growth is right despite mounting opposition from senior Tories.

Daily Mirror

'Tired party of the past - Liz Truss is politically a dead woman walking'

Tory MPs now recognise that the unelected Prime Minister could cost even more of them their parliamentary seats than Boris Johnson would have done

ABC News

King Charles III will not attend COP 27 climate summit

The King spoke at COP26 when it was in Glasgow last year, and had indicated he would attend again in 2022. But the palace says the decision not to was made in "mutual friendship".

Evening Standard

‘We must stay the course with tax plan,’ Chancellor to say in crunch Tory conference speech

Kwasi Kwarteng will defend his planned tax cuts following criticism from Michael Gove

The Guardian - UK

Unions brand bid to exempt firms with up 500 staff from new rules ‘reckless’

Government says change would apply to all new regulations and it would look to raise in threshold in future

Daily Mirror

MPs warn Liz Truss over 'betraying' heroes of nuclear tests in 1950s and 1960s

Tory and Labour backbenchers say the PM is reneging on promises to veterans of Cold War radiation experiments

Bristol Post

Prime minister Liz Truss is 'dead woman walking', according to ex-Cabinet minister

The former minister believes the PM will be gone before Christmas

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