The Latest Breaking News from Liz Truss

Today is a big day for the Truss government. And this weekend is just as important for Labour as it sets out its stall at the party conference in Liverpool. It’s not difficult to summarise how the critique of the new Tory leader will go: same old Tories. One rule…

Government accused of helping those who are ‘already wealthy’ with ‘Robin Hood in reverse’ mini-Budget

Kwasi Kwarteng's spending plans will put money back in most people's pockets - but particularly the wealthy

Opposition parties were left slack jawed by the audacity of Kwasi Kwarteng's unashamed move to cut taxes for the wealthy and big businesses under the cover of encouraging growth.

Stamp Duty, Income Tax, the bankers' bonus cap, and tax on the very richest 660,000 Brits have all been slashed in a tax-cutting mini-Budget that was 'mini' in name only

He fears a 1970s-level financial crisis

Mark Menzies challenges business secretary to ‘lead by example’ and start drilling in North East Somerset

The Chancellor of the Exchequer announced huge tax cuts that will benefit the richest in society.

The Chancellor has overturned rules brought in following the global financial crisis in 2008 when Gordon Brown was Prime Minister.