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The Latest Breaking News from Liz Truss

Mark Carney accuses Truss government of undermining Bank of England

Former governor’s comments come after central bank forced into £65bn intervention to avert financial crisis

The Guardian - UK

Tories threaten to cut benefits and the state to pay for tax cuts for the rich

As post-mini-Budget chaos engulfs Britain, Treasury minister Chris Philp refused to rule out a real-terms cut to DWP Universal Credit, asked for 'efficiency savings' and said 'I'm not going to apologise'

Daily Mirror

Liz Truss government ‘undercutting’ economic institutions, says ex-Bank of England governor

Mark Carney says mini-Budget measures ‘working at some cross-purposes’ with central bank

The Independent UK

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OBR: we offered to update forecasts in time for ‘mini-budget’ – as it happened

Watchdog said it was ready to supply information, but was not asked to do so by Kwasi Kwarteng

The Guardian - UK

Prime Minister Liz Truss to appear on local radio stations - including Bristol

Many are asking when she will call a general election, while others don't want interviewers to "give her an easy ride"

Bristol Post

What the papers say – September 29

The Thursday papers focus on emergency government bond-buying in response to the mini-Budget.

The Independent UK

Thursday briefing: Tehran faces a season of dissent - and the Bank of England acts in the UK

In today’s newsletter: Extraordinary protests have lit up Iran after a Kurdish woman died in police custody. Chowra Makaremi walks us through what it all means – and if this could be how the country’s theocracy ends

The Guardian - UK

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Has calorie labelling on menus done more harm than good?

Amid reports that the government may do away with part of its obesity strategy, Saman Javed explores whether it has had any impact

The Independent UK

Challenging 'orthodoxy,' Kwarteng clings on after UK market rout

As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink that he and new Prime Minister Liz Truss saw as holding Britain back.

Reuters

Review of UK seasonal worker visas to increase risk of slavery, experts warn

Exclusive: labour rights experts say Liz Truss’s proposals to tackle shortages will put workers at risk

The Guardian - UK

Who can argue now that Keir Starmer’s approach is not working?

The Labour leader has responded to Kwarteng’s gift with a textbook illustration of why thought and judgment count, says Guardian columnist Martin Kettle

The Guardian - UK

Pound – live: Liz Truss to meet head of UK’s independent fiscal watchdog after market meltdown

Chancellor insists that he is ‘sticking with’ his mini-budget

The Independent UK

Truss and Kwarteng take just five days to show Tories can't be trusted with our money

Record View says the Chancellor should be sacked immediately if the economy is to survive another pummelling after he gambled with all our futures.

Daily Record

Ministers could scrap inflation-linked benefits rise amid economic turmoil

Treasury minister Chris Philp has refused to commit to an expected uprating of benefits in line with inflation

Wales Online

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The Independent UK

London renters in leakiest homes face £1,000 premium on energy bills

Exclusive: Sadiq Khan demands rent freeze, as new research shows tenants in most poorly-insulated homes will pay extra £947 a year

The Independent UK

Cabinet minister urges people to remain ‘calm’ amid mini-budget turmoil

Welsh Secretary Robert Buckland has stood by the Chancellor’s economic plans, saying it is time to be ‘bold’.

Evening Standard

Treasury minister says ‘we’ll press ahead with tax cuts’ as Tory backlash grows amid market turmoil

Cabinet ministers ‘to be told to make efficiency savings’ amid growing Tory backlash over mini-Budget chaos

Manchester Evening News

Labour Party in high spirits as conference comes to a close

Ashton-Under-Lyne MP closed the conference with a scathing shut down of the Conservatives record.

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The National (Scotland)

Are Labour actually ready to rule - or will Tory incompetence put them in No 10?

KEIR Starmer is clearly emboldened by a largely uncontroversial Labour Party conference and the financial chaos being reaped by the Tory…

The Guardian - UK

Bank of England in £65bn scramble to avert financial crisis

Bank of England left with no action but to intervene after Kwasi Kwarteng’s mini-budget

The Guardian - UK

Dangerous NHS England hospital roofs ‘will not be fixed until 2035’

FoI request reveals long wait to repair roofs at risk of collapse, including those affecting Truss and Coffey constituents

France 24

No Margaret Thatcher? UK PM Truss's tax cuts trigger market mayhem

There's a run on the pound and panic in the markets over the UK's biggest tax cut for the rich in half a century. New Prime Minister Liz Truss is taking the concept of "going for broke" to a whole new level, with an almighty gamble that the deficit will…

The Independent UK

Calls for Truss to ‘come out of hiding’ as Bank fights turmoil caused by mini-Budget

‘Inept madness’: Tory MPs fear chancellor’s ‘growth plan’ may cost them next election

The Guardian - UK

The Guardian view on the financial crisis: a meltdown made in Downing Street

Editorial: Liz Truss’s first big policy has been shot down by financial markets – and her economic credibility shredded

The Guardian - UK

Tory MPs tell Truss: sack Kwarteng or face mutiny

MPs express disbelief over sterling slump as privately some fear PM’s government is ‘dead on arrival’

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