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The Latest Breaking News from Liz Truss

Silencing mini-budget analysis will not help Truss woo the markets

Government needs independent verification of policies if it is to win vital finance sector confidence

The Guardian - UK

Window of opportunity to resolve Stormont stand-off – O’Neill

The Assembly has been in a state of flux since February with the DUP taking protest action against the NI Protocol.

The Independent UK

Joe Biden calls UK 'closest ally' as leaders present united front after barbed remarks

In recent days Mr Biden has hit out at "trickle down economics" in what has been widely interpreted as a dig against Liz Truss's tax cut plans, and the UK has admitted there is no immediate prospect of a trade deal

Daily Mirror

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Aiden Aslin among five Britons released by pro-Russia forces in Ukraine, says MP

Prime Minister Liz Truss confirmed on Wednesday that five Britons captured since the war in Ukraine began were being released.

The Independent UK

Truss tax cuts will hand big banks and insurers £6.3bn, study says

Figures compiled by House of Commons Library measure impact of freezing corporation tax and cutting banking surcharge

The Guardian - UK

Biden, UK's Truss commit to protect Northern Ireland deal

U.S. President Joe Biden and British Prime Minister Liz Truss met in person for the first time on Wednesday and said they want to ensure the 1998 Good Friday Agreement that brought peace to Northern Ireland is protected.

Reuters

Liz Truss’s plans for tax cuts ‘a gamble at best’, says leading think tank

The Institute for Fiscal Studies said the new PM risks putting the public finances on an ‘unsustainable path’

Evening Standard

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Mini-budget predictions: What should we expect from Kwasi Kwarteng?

The Standard looks at the moves the chancellor could announce

Evening Standard

Ukraine: Russian-backed forces release five Britons held captive, Truss says

Aiden Aslin among those freed after mediation by Saudi Crown Prince

The Independent UK

Five Britons detained by pro-Russia forces in Ukraine are released

Five British nationals held by Russian-backed forces are being returned to their families.

The Independent UK

Ex-Putin aide talks about nuclear attack on UK cities in bizarre rant

London is potential target, says Kremlin sympathiser

Wales Online

British nationals released by Russian-backed forces in Ukraine back in the UK

Men freed as part of a major prisoner swap between Ukraine and Russia, brokered by Saudi Arabia

Evening Standard

Scrapping benefit cap is TWICE as popular as axing banker bonus cap, poll finds

Liz Truss is planning remove the cap on bankers' bonuses in Friday's mini-Budget - but has said nothing about axing the £20,000 limit on benefits, which has not risen since 2016

Daily Mirror

Five Brit prisoners of war including man sentenced to death safely returned from Ukraine

Prime Minister Liz Truss has confirmed the release of the five Brits - including Aiden Aslin, who had been sentenced to execution - after reports of Saudi Arabia's mediation talks with Vladimir Putin

Daily Mirror

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Reuters

UK PM Truss welcomes release of British prisoners captured in Ukraine

Britain's Prime Minister Liz Truss on Wednesday welcomed the release of five British nationals captured in Ukraine, following a mediation by Saudi Crown Prince Mohammed bin Salman.

The Guardian - UK

Trickle-down Truss and the wealth creation myth

Letters: The social and environmental costs of wealth creation are becoming impossible to ignore, writes Jeremy Brettingham, while Barbara Williams says the key to our survival is not money but healthy ecosystems. Plus letters from Alan Knight and Damian Grant

The Independent UK

Liz Truss tells US corporate giants her tax cuts ‘just the start’, despite warnings of unsustainable debt

PM promises ‘lower, simpler taxes’ – despite new warning UK public finances on ‘unsustainable path’

Wales Online

Welsh traders welcome energy cap for businesses but say more needs to be done

The move will also apply to companies, charities, and public sector organisations including schools

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Evening Standard

What’s next for Rishi Sunak?

After losing the Tory leadership race to Liz Truss, the ex-chancellor has taken a breather. As Kwasi Kwarteng takes over at Number 11, Anne McElvoy looks at the next move for ‘goldenballs’: will he return to finance, or wait for Truss’s economic plan to fail?

Wales Online

Milk bottle business owner facing £4million bill says Liz Truss' business energy cap is 'fake news'

'We are grateful for any help, but it is a matter for survival'

The Independent UK

Government’s corporation tax plan may hand banks a £6 billion tax cut – Lib Dems

Liberal Democrat leader Sir Ed Davey hit out at the plan, calling it “shameful”.

The Independent UK

Liz Truss and Ursula von der Leyen unite to condemn Putin’s ‘failing’ invasion

The leaders also had a ‘good discussion’ on relations between the UK and EU when they met at the United Nations General Assembly.

The Guardian - UK

Liz Truss, we support fracking too – that’s why we know it can’t work for Britain

The economic and political barriers to fracking here are extremely high. There are better solutions to the energy crisis, say Chris Cornelius and Mark Linder

The Guardian - UK

Fracking won’t work in UK says founder of fracking company Cuadrilla

Chris Cornelius says geology is too challenging and government’s support is merely ‘soundbites’

Reuters

Eu's von der Leyen and Britain's Truss: Russia's invasion is failing

President Vladimir Putin's decision to order a partial Russian mobilisation to fight in Ukraine is a sign of weakness, European Commission chief Ursula von der Leyen and British Prime Minister Liz Truss said in a joint statement.

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