The Latest Breaking News from Liz Truss

It is understood that a separate announcement on an energy package is also expected next week, possibly on Wednesday or Thursday

Kwasi Kwarteng, the new Chancellor, is reportedly mulling plans to scrap the cap on bankers’ bonuses introduced by the EU in 2014

EU expected to hold off on further escalation in row, despite unilateral move by Liz Truss government

Chancellor to bring in winter tax cuts and announce further energy support at end of mourning period

The Government is understood to have told Brussels it will continue with the grace periods relating to the Northern Ireland Protocol.

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

The First Minister was expected to fly to the United States next week to attend a series of events on climate change.

Despite politics being paused during the mourning period for the Queen, the Government responded to the EU's legal action ahead of Thursday’s…

The bloc had requested a response to its raft of infringement proceedings over the UK’s failure to comply with the rules before the end of the day.