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The Latest Breaking News from Liz Truss

People thought Corbyn and I would crash the pound. The real risk was Truss and her fanatics

We knew the markets would react sharply to us and were prepared for that. These free-market zealots had no plan at all, says former shadow chancellor John McDonnell

The Guardian - UK

Scottish Tory MSP breaks ranks to attack 'indefensible' UK Government tax cuts

A SCOTTISH Tory MSP has contradicted his party leadership and attacked Liz Truss’s “indefensible” tax cuts for the highest earners.

The National (Scotland)

Liz Truss’ constituents slam MP after being forced to ‘sit in the dark’ and ‘turn off fridges’

In a community centre in her seat of South West Norfolk, the people of the PM's constituency explain the rare glimpses and interactions they've had.

Daily Record

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Government wants to cut ‘very large welfare state’, says Truss cabinet ally

Britons living in ‘fools’ paradise’ with state ‘extremely large’, says levelling up secretary

The Independent UK

Environment secretary’s own constituency has sewage dumped in rivers 11 hours a day

Ranil Jayawardena was appointed by Liz Truss earlier this month

The Independent UK

Liz Truss's Tories plot return to austerity with 'no mandate whatsoever'

LIZ Truss has been told she has “no mandate whatsoever” to impose a new wave of austerity in order to fund her sweeping tax cuts for the rich.

The National (Scotland)

Trickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne

Britain has endured 40 years of decline thanks to this faulty economic theory. Will Keir Starmer finally kill it off?, says Yanis Varoufakis, leader of MeRA25 in Greece’s parliament

The Guardian - UK

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Douglas Ross facing 'at least' two Scottish Tory leadership challenges

DOUGLAS Ross is facing “at least” two separate challenges to his leadership from within the Scottish Conservative party, according to reports.

The National (Scotland)

Liz Truss admits UK faces economic ‘disruption’ because of mini-Budget

Doing things differently means ‘disruption in short term’, says PM

The Independent UK

Liz Truss' constituents slam PM - 'live on our money and see if you can afford it'

In a community centre in her seat of South West Norfolk, the people of Liz Truss' constituency explain their rare glimpses and interactions they've had with the PM

Daily Mirror

‘She needs a reset moment’: Team Truss hopes to regain control at conference

With the country in uproar, PM attempts to win confidence of Tory MPs but many will simply stay away

The Guardian - UK

Kwasi Kwarteng: We had no choice but to do something different with economy

Liz Truss has admitted the Government caused ‘disruption’ to the markets, but insisted they were right to act

Evening Standard

Kwarteng insists he had ‘no other choice’ but to do something different with economy

Chancellor’s comments come as Liz Truss admits government caused ‘disruption’ of markets

The Independent UK

How much you'll pay for energy from today under new price guarantee

For the next two years, the government's £2,500 Energy Price Guarantee will be in effect

Manchester Evening News

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The Independent UK

Pound – live: Kwarteng accused of gambling with UK economy by devolved nations

Finance ministers warn new budget means a decade of spending cuts

Daily Mirror

Kwasi Kwarteng says he had to do 'something different' after causing budget chaos

The Chancellor Kwasi Kwarteng has defended his mini-budget that sent the financial markets into a spin by saying he was left with "no other choice" and needed to do "something different"

The Independent UK

We had no choice but to do something different with economy, says Kwarteng

Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act.

Wales Online

Liz Truss unable to say whether autumn benefits rise will happen

The Prime Minister tells broadcasters that an announcement will be made in due course

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inkl Originals

The Weekly Wrap for Saturday, 1 October 2022

Honest and timely feedback is crucial when someone is starting a new role. This is true of any organisation: No. 10 Downing Street included . It's been 24 days since the investiture of Liz Truss as Prime Minister of the United Kingdom. How's she doing?

The Guardian - UK

Truss admits mini-budget caused disruption, but says there is ‘clear plan’

‘Not everyone will like what we are doing’, PM says of tax cut pledges but says she is determined to see them through

Daily Mirror

Liz Truss faces mutiny from Tory MPs after plans to snatch £1,000 from hard-up families

Tories yesterday said it would be 'untenable' and 'unconscionable' for ministers to go back on a promise to increase benefit payments in line with inflation next year

Wales Online

Truss concedes that £45bn mini-budget tax cuts caused ‘disruption'

'I recognise there has been disruption but it was really, really important we were able to get help to families as soon as possible'

The Independent UK

Tory MPs ‘may help Labour to bring down’ parts of Chancellor’s budget

Some MPs want to reinstate the 45p top rate of income tax

The Independent UK

Energy price cap comes into effect

Annual gas and electricity bills for the typical household will be held at £2,500.

The Independent UK

Kwasi Kwarteng to keep expert OBR Budget verdict secret for nearly two months

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

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