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The Latest Breaking News from Liz Truss

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

The Independent UK

Day Today ‘Pound stolen’ sketch goes viral after sterling tanks

Social media users post sardonic British humour after Liz Truss and Kwasi Kwarteng’s mini-budget

The Guardian - UK

Critics of UK tax cut plans 'don't believe in Britain' says Tory party chairman

Meanwhile, a YouGov poll found that seven in 10 Tory voters don't approve of the plans which disproportionately benefit high-earners

The National (Scotland)

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Truss-favoured thinktank attacks ‘massive transfer of wealth’ to landowners

UK government criticised for reviewing plan to pay farmers for environmental protection

The Guardian - UK

Keir Starmer is pulling off a drama-free Labour conference – this is the time to get radical

History shows the party needs a compelling alternative to triumph, says Elliot Chappell of LabourList

The Guardian - UK

Keir Starmer must learn to box smart against this dangerous new Tory gang

When he was first jotting down notes over the summer for his Labour conference speech today in Liverpool, could Sir Keir Starmer have possibly imagined the backdrop against which it would be delivered? That he would be presenting his revived party as a government-in-waiting, while Prime Minister Liz Truss and…

Evening Standard

After high profile sacking, UK civil servants fear for jobs under Truss

"Speaking truth unto power" has long been the motto of Britain's civil service, but now some government workers charged with offering ministers impartial advice whatever their party are fearful of their political bosses and are keeping quiet.

Reuters

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British pound tanks as Liz Truss tax cut plan sinks in

It's the financial equivalent of a no-confidence vote.

Axios

SNP ministers face more questions on decision to award ferry contract to Ferguson Marine

A shipyard in Port Glasgow could have benefited from preferential treatment by the Scottish Government, an investigation has found.

Daily Record

Labour 'in the game' for 14 Scottish seats at Westminster, Anas Sarwar claims

ANAS Sarwar has claimed that Labour will be “in the game” in as many as 14 Scottish constituencies in the next General Election.

The National (Scotland)

Labour hire former Michael Gove adviser in bid to co-opt 'levelling up' strategy

THE man tasked by Michael Gove with fashioning the Tories’ “levelling up” strategy has been hired by Labour to do the same thing.

The National (Scotland)

Truss and Kwarteng should ‘reverse course’, says Virgin Atlantic boss

Shai Weiss, chief executive of the transatlantic airline, urged Prime Minister Liz Truss to take a ‘difficult decision’

The Independent UK

Liz Truss's chief of staff will no longer be paid through his lobbying firm after outrage

No 10 confirmed on Tuesday that senior aide Mark Fullbrook will now be put on a special adviser contract and paid directly by the government to avoid 'speculation'

Daily Mirror

Rishi Sunak’s unlikely friendship with Italian PM Giorgia Meloni — a symbol of the Tories’ right-wing turn?

She’s spoken highly of Mussolini and is known for her nativist views — what does it say about Sunak’s political intentions? Katie Strick reports

Evening Standard

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The Independent UK

What does inflation mean for you?

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

Daily Record

Scots face huge mortgage payments as UK interest rates expected to jump

The Tory policy of cutting taxes for the rich has caused a sharp drop in the value of the pound - and interest rates could rise as a result.

The Independent UK

Markets treating UK like ‘developing country’ after Kwarteng budget, warns ex-US Treasury chief

Current turmoil ‘hallmark of situations where credibility lost’, says Larry Summers

The Independent UK

Why has Russia invaded Ukraine and what does Putin want?

Vladimir Putin’s military assault continues in face of near-unanimous international condemnation

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news in one place.

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The National (Scotland)

Massive majority of Tory voters reject UK Government's tax cuts, poll finds

A NEW YouGov poll suggests there is widespread dissatisfaction with Liz Truss's government ...

The Independent UK

What time is Sir Keir Starmer’s speech today?

Labour leader to tell party conference in Liverpool that Britain is ready for change after 12 years of Tory misrule and economic chaos

The Independent UK

Scotland will not be ‘drag on Labour ticket’ at next election, says Sarwar

Labour only have one MP in Scotland.

The National (Scotland)

Liz Truss congratulates far-right leader set to be Italy's first female premier

LIZ Truss has congratulated the far-right leader set to become Italy’s first female premier.

The Guardian - UK

Plan to pay Liz Truss’s chief of staff through firm is dropped after criticism

Arrangement to pay Mark Fullbrook through his lobbying company could have helped him avoid paying tax

The Independent UK

Kwasi Kwarteng said ‘who cares if Sterling crashes?’ after Brexit, report claims

Brexiteer MP overheard talking about markets on night of 2016 referendum vote

Daily Mirror

Everything you need to know after pound hit all-time low against US dollar

The pound has hit a record low after sweeping tax cuts were announced by the chancellor on Friday. Here we explain some of the reasons behind the fall and how it affects households and businesses across the country

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