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The Latest Breaking News from Liz Truss

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

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.

Reuters

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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 Guardian - 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’

The Independent UK

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

Wales Online

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?

Evening Standard

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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'

Wales Online

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 Independent UK

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

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

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

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’

The Guardian - UK

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.

Reuters

Six human moments at the Queen's funeral - spider cameo, paper blunder and mix-up

The Queen's funeral had many of us in tears, but there were also some heartwarming and humorous moments that made us smile - and reminded us all that not everything goes to plan

Daily Mirror

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The Independent UK

Truss tells bosses of American multinationals tax cuts are ‘just the start’

The Prime Minister told leaders of firms including Google and JPMorgan Chase she wants ‘lower, simpler taxes’ to attract businesses to Britain.

Birmingham Post

Welsh firms welcome energy bill support but say more help is needed

The Business Secretary announced an energy price cap for all businesses from 1 October to April 2023

Nottingham Post

Arnold businesses say they need more help after new government support package announced

Liz Truss has announced a cap on gas and electricity costs for businesses today but some fear it won't be enough

The Independent UK

PM accuses Putin of ‘sabre rattling’ over nuclear threats and reservists call-up

Russian President Vladimir Putin insisted he was not bluffing as he appeared to threaten the use of nuclear weapons if his country was threatened.

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Irish Mirror

What does Putin's latest address mean for Ireland and Europe? All you need to know from Russia

Things are certainly tenser than they were 24 hours ago, as we wait to see whether Putin and Russia follow through with their threats.

The Guardian - UK

Ed Davey: Truss government is probably most rightwing in modern UK history

Exclusive: Lib Dem leader says refusal to allow OBR scrutiny of mini-budget ‘shows economy is being run by ideology, not a plan’

The National (Scotland)

We can't stop Truss's oil and gas bonanza plans without independence, minister says

SCOTLAND is almost entirely powerless to stop a reported oil and gas licensing bonanza by the UK Government, a minister has said.

Daily Record

John Swinney warns UK Government business support scheme may be 'inadequate'

The Deputy First Minister was responding to Conservative plans to slash the cost of wholesale gas and electricity for non-domestic customers.

Wales Online

Woman who said she looked like Nanny McPhee flew to Turkey for dental work after £19k UK quote

The total cost of the Turkish trip including treatment, flights and hotel in Antalya is £5,000 which is nearly a quarter of what she says she would have to pay privately in the UK

Daily Mirror

Martin Lewis explains why energy bills could rise to £5,000 this winter

Martin Lewis appeared on This Morning to give Brits further clarification on the £2,500 energy bill freeze - and said it's possible for bills to reach £5,000 this winter

Birmingham Post

Businesses 'will breathe sigh of relief' - West Midlands reaction to latest energy price cap

Price cap has been extended by UK government from domestic customers to companies as many feared winter bills could force them to close

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