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The Latest Breaking News from Liz Truss

Kwasi Kwarteng declines to comment as pound hits all-time low against US dollar

The Bank of England is expected to give a statement on the sterling’s slump

The Independent UK

Bank of England will change interest rates ‘as much as needed’ to control inflation, says Andrew Bailey

The Bank of England is watching developments in financial markets ‘very closely’, says Governor Andrew Bailey

Evening Standard

Targetting government, UK's Labour pledges sound finances and strong public services

Britain's opposition Labour Party set out its economic vision on Monday, promising, if in power, to be fiscally responsible and take care of public services, in a swipe at the Conservative government's tax cuts for the wealthy.

Reuters

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SNP say no confidence letters are 'damning indictment' of Truss's 'disastrous' start

REPORTS of letters of no confidence in Liz Truss being sent to the 1922 Committee are a “damning indictment” of her first few weeks as Prime…

The National (Scotland)

Some Tory MPs submit no-confidence letters in Liz Truss after Pound crashes, sources claim

One MP told the Mirror 'some of my colleagues need to take up yoga' after the pound slumped against the dollar - as a source suggested there's a year before the 1922 Committee would act

Daily Mirror

Tumbling pound will intensify cost of living crisis, government warned

Fall in pound will ‘worsen inflation and lengthen the cost of living crisis’, says think tank

The Independent UK

Reeves: I’ll reverse abolition of 45% income tax rate to fund NHS staffing surge

The shadow chancellor said a Labour administration would also implement the “biggest expansion of medical school places in British history”.

The Independent UK

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Rachel Reeves promises 'genuine living wage' on day one of a Labour government

The shadow chancellor said investment in public services, investing in the green revolution and paying proper wages would grow the economy.

Daily Record

Government to push on with tax cuts as pound hits all-time low against dollar

Neither Chancellor Kwasi Kwarteng nor Liz Truss are currently expected to publicly address the major market shift, following Friday’s mini-budget

Evening Standard

Truss and Kwarteng 'desperate gamblers' as pound plummets

Shadow Chancellor Rachel Reeves describes the Prime Minister and Chancellor as 'out of control' as currency crashes following Friday's shock mini-budget

Liverpool Echo

Gary Neville: Government has open goal for football regulation

Ex-Manchester United and England defender said measures to safeguard national game must be implemented by Liz Truss

Evening Standard

Welsh Government offering £200 support to help with fuel bills

The scheme is open for applications from today, September 26

Wales Online

Gary Neville urges Tories to hit 'open goal' as football 'sleepwalks' to disaster

"The cross has been played into the box, all Liz Truss and her cabinet need to do is head it into the back of the net"

Liverpool Echo

Gary Neville ‘unnerved’ by reports new football regulator plans could be shelved

The Government gave its formal backing to the idea of a regulator in April.

The Independent UK

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Evening Standard

Pro-Ukraine British soldiers reveal ‘very scary’ Russian prison ordeal after safe return to UK

Liz Truss had backed Britons volunteering while she was foreign secretary but later withdrew her support

The Independent UK

Doncaster Sheffield airport to close permanently, despite Liz Truss vowing to protect it

New PM promised to ‘protect this airport and this infrastructure’

Daily Mirror

Tories launch Net Zero review prompting fears their pledges will be watered down

Liz Truss' government insists it's sticking to the net zero by 2050 target - but key policies to achieve it could be watered down, critics fear

Daily Record

Keir Starmer must make delivery of extra powers for Holyrood a 'top priority', says Labour MSP

Katy Clark said enhancing the Parliament's economic powers should not be tied to further devolution for England

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The National (Scotland)

Plunging pound impact will be felt 'deeply' by households, warn SNP

Market confidence in the pound has plunged following the announcement of the Government’s new economic plans on Friday last week

Daily Record

Nicola Sturgeon slams 'morally repugnant' UK Government following mini-budget

The First Minister has given her strongest indication yet that Holyrood will not follow the UK Government's tax cutting plans.

Daily Mirror

Liz Truss set to push real pay cut on millions of teachers and nurses

Liz Truss has now quietly shelved a fresh Spending Review and will stick to old figures drawn up by Rishi Sunaklast year - meaning public sector workers will have real-term pay cuts before 2024

The Independent UK

Truss will be no more honest than Johnson, Bryant warns

The Standards Committee chairman branded the former PM a ‘disgrace’, but says he does not think his successor will be any better ‘on the lying front’.

The Independent UK

Liz Truss: Tory MPs sending no-confidence letters over fears she will ‘crash the economy’, says ex-minister

‘Liz is f*****’, says former minister in Boris Johnson government

The National (Scotland)

Letters of no confidence in Liz Truss 'already being put in', claims Tory MP

LETTERS of no confidence in Liz Truss are already coming in amid fears she will "crash the economy", a source has suggested.

Daily Mirror

Truss can reclaim credibility if she ends the nuclear test veterans scandal, says Labour MP

Rebecca Long-Bailey says Cold War heroes shouldn't have to wait for the next Labour government to fix it

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