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The Latest Breaking News from Liz Truss

Truss urged by Starmer to recall Parliament as pound slumps despite Bank of England intervention

Labour leader adds to pressure on prime minister to call MPs back from conference recess to debate financial crisis

The Independent UK

Liz Truss told to ‘come out of hiding’ over market turmoil triggered by budget

Prime minister accused of ‘disappearing without trace’ – even as Bank warns financial stability at ‘material risk’

The Independent UK

What Rishi Sunak predicted about Liz Truss’s ‘fairytale’ economic plans

Former chancellor warned of ‘inflationary spiral’

The Independent UK

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'They have to go': Tory MPs round on Liz Truss as UK economy plunges into crisis

LIZ Truss’s days as Prime Minister could be numbered less than a month after she entered No 10 – with a rebellion brewing among Tory MPs as the…

The National (Scotland)

I was a Conservative peer – Tory voters will not tolerate Liz Truss’s bungs to the rich

You don’t have to be a socialist to find UK levels of poverty intolerable – but Liz Truss doesn’t see it, says peer Patience Wheatcroft

The Guardian - UK

Frankie Boyle jokingly hails Boris Johnson as ‘a stabilising force’ as pound flails

Scottish comedian made the quip on Twitter amid mounting anger towards Liz Truss’s government

The Independent UK

Nicola Sturgeon speaks out as Tories land UK 'in grip of economic crisis'

THE First Minister of Scotland has demanded action from the Tory government, warning that the UK is in the “grip of a rapidly deteriorating…

The National (Scotland)

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Former Tory MSP says 'Britain needs a Labour government' as he slams Liz Truss over tax slashing mini-budget

Former Conservative MSP Professor Adam Tomkins accused the new Prime Minister and Chancellor Kwasi Kwarteng of "trashing" the Tory party brand and the UK economy.

Daily Record

Bank of England takes emergency action as UK enters 'financial crisis territory'

THE Bank of England has been forced to intervene in an attempt to avoid a full-blown financial crisis after Liz Truss’s government announced…

The National (Scotland)

What does inflation mean for you?

Cost of living crisis continues to bite as energy bills, fuel and food prices climb

The Independent UK

Former Tory MSP calls for LABOUR government in fierce attack on own party

A FORMER Scottish Tory MSP has launched an extraordinary attack on his own party, calling for a Labour government to run the UK.

The National (Scotland)

Truss should ditch 'reckless' plan to move UK embassy in Israel, say Greens

LIZ Truss must rule out moving the UK embassy in Israel from Tel Aviv to Jerusalem, the Scottish Greens have insisted, after a similar move by…

The National (Scotland)

Rebuke from IMF is a global embarrassment for Truss and Kwarteng

Will PM and chancellor ignore advice under mounting pressure, which is also coming from US and Germany?

The Guardian - UK

Austerity cuts ahead could mean ‘end of NHS’, warns ex-Bank of England deputy

‘Fundamental rethinking’ of the state could lie ahead, says Sir Charlie Bean

The Independent UK

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The National (Scotland)

'What criticism?': Tory MSP claims he never heard of IMF attack on UK tax cuts

THE Scottish Tories have backed the UK Government’s tax cuts despite an extraordinary intervention from the International Monetary Fund and the…

The Independent UK

Moody’s warns against Kwarteng’s ‘unfunded’ tax cuts after IMF intervention

Global ratings agency questions ‘credibility of government’s fiscal strategy’ in stinging statement

The Guardian - UK

‘Even bankers need clean air’: Natural England chief warns Truss over threat to green rules

Tony Juniper urges government to ‘foster both economic and environmental growth’

Daily Record

Scottish Conservative MSPs accused of 'hypocrisy' for backing Liz Truss tax cuts

Several prominent Scots Tories were public supporters of Rishi Sunak - but have now embraced the tax cutting regime of Liz Truss.

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The Independent UK

What does the energy price cap mean for you?

Liz Truss has moved to rein in runaway household bills caused by rising global gas prices

Evening Standard

Meet Team Truss, the new No 10 inner circle entering Downing Street

The PM has surrounded herself with a like-minded group of field experts and political power brokers who’ve proven their loyalty to her in the past — but who are they? Anne McElvoy looks at the Tories’ fresh new team

The Independent UK

Who gets the £400 rebate and winter fuel payment?

Households will start receiving money off their energy bills from October

The Independent UK

All the cost of living help available and how to get the payment

Poorer households are expected to be hardest-hit, while eldery people have reported having to choose between heating or eating

The Independent UK

Pound retreats again and FTSE tumbles after IMF’s stinging criticism of UK plans

Sterling fell back to 1.06 US dollars, having recovered to 1.08 US dollars on Tuesday after Monday’s bloodbath saw it reach an all-time low.

The Guardian - UK

Starmer urges Truss to rethink budget as IMF criticises tax plans

Labour leader accuses government of losing control of economy, branding budget a ‘self-inflicted’ problem

The National (Scotland)

IMF urges Kwasi Kwarteng to change course in extraordinary statement

THERE is international pressure on Chancellor Kwasi Kwarteng to change course following his mini budget announcement.

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