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The Latest Breaking News from Liz Truss

Almost £10m of public money spent on subsidies for former PMs

Annual cost of allowance has more than doubled in recent years because of quick turnover of prime ministers

The Guardian - UK

Warning! The rightwing junktanks behind the Tories’ worst disasters still have the keys to No 10

Who is running the government’s ‘growth school’ for civil servants? The answer surpassed my worst fears, says Guardian columnist George Monbiot

The Guardian - UK

Unleashed City can lead the UK's escape from low growth despair

Gilt yields are higher than they were under Liz Truss’s regime.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Wednesday briefing: What are the key revelations from the Boris Files – and why do they matter?

In today’s newsletter: The Guardian’s investigation into the former prime minister shows how he used his office for his own gain – and taxpayers are footing the bill

The Guardian - UK

Former PMs say they use subsidy only for public duties after Boris Johnson revelations

Gordon Brown calls for change to rules as he and other ex-leaders say they do not use allowance for commercial work

The Guardian - UK

Ken Griffin lays down the law on why Trump needs to back off the Fed, saying his meddling could prompt a national debt crisis

Ken Griffin warns Trump’s pressure on Jerome Powell and the Federal Reserve risks eroding U.S. institutional credibility.

Fortune

Voices: Welcome, Nadine, to the Reform UK care home for deadbeat defectors

COMMENT: The recruitment of former Tory minister Nadine Dorries is being hailed as a coup for Nigel Farage. Really? Sean O’Grady argues that her slavish devotion to Boris Johnson and her track record in government suggest she’ll soon become a liability

The Independent UK

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Like a cockroach in the nuclear winter, Liz Truss keeps going on … and on

Liz’s latest delusional outing was on the Master Investor podcast. Spoiler alert: she was right all along, you know

The Guardian - UK

The Guardian view on fiscal rules and financial myths: Britain must stop fearing imaginary bond vigilantes

Editorial: Liz Truss fell not for borrowing, but for incompetence. Rachel Reeves mustn’t repeat the mistake with rules markets don’t demand

The Guardian - UK

Liz Truss hints at returning to frontline politics and admits she is ‘obsessed with making Britain great again’

Liz Truss has hinted about returning to frontline politics, revealing that she has “always been obsessed with making Britain a great nation again”.

The Independent UK

Wes Streeting tells Liz Truss to ‘keep your head down’ after economy comments

IN FULL

The Independent UK

Wes Streeting slams Liz Truss for lecturing government on economy: ‘Keep your head down’

Wes Streeting has slammed Liz Truss for lecturing the Labour government about the economy, telling the former prime minister she should “keep her head down”.

The Independent UK

Kemi Badenoch ‘unlikely to win’ next election, says Liz Truss

The former prime minister declined to rule out a return to frontline UK politics and would not be drawn on whether she wanted to join Reform UK.

Evening Standard

Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks

Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank

The Guardian - UK

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The Independent UK

Newsom claps back at Trump’s ‘strange hand action’ remark after large bruising noted on president’s hands

Trump has sported a prominent bruise on his right hand for several months and attenpted to cover it up with makeup to no avail

The Guardian - UK

More pain for Reeves as government borrowing cost nears 27-year high

Chancellor is urged to ‘get a grip’ on country’s finances as yield on 30-year bond rises to 5.62%

The Independent UK

Voices: Politicians making mischief over asylum hotels are in for an unwelcome surprise

COMMENT: Conservatives are revelling in the government’s turmoil following a court ruling to close a migrant hotel in Essex – but their double standards on the issue will come back and bite them, says Andrew Grice

The National (Scotland)

Labour 'lose control' as borrowing costs spike above worst of Liz Truss era

RACHEL Reeves is fire-fighting after the cost of government borrowing spiked to above the peak hit during Liz Truss’s time in power – and…

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The Guardian - UK

Nicola Sturgeon’s immense political talent is undeniable. The nationalism was the problem

Many of her admirers gloss over her desire to break up the UK as Scotland’s first minister. But in her memoir, it plays a starring role, says Guardian columnist Martin Kettle

Evening Standard

Average two-year mortgage rate dips below 5% for first time since mini-budget

Moneyfactscompare.co.uk, which released the figures, described the dip on Wednesday as a ‘symbolic turning point’.

The Independent UK

Boost for homeowners as average UK mortgage rate hits ‘turning point’

Mortgage rates hit a peak of 6.65 per cent following a disastrous mini-budget in 2022

The Guardian - UK

Conservatives not close to recognising ‘how badly placed they are’, says Gauke

Former minister says Tories are ignoring heartland voters and risk losing ground to Reform in next election

Evening Standard

Truss ‘carries quite a lot of blame’ for Tory record, Badenoch claims

Current Tory leader Kemi Badenoch said she was ‘very focused on what the Conservatives are doing now’.

The Independent UK

Badenoch says Truss ‘carries quite a lot blame’ for Tory record of as war of words continues

Current Conservative leader Kemi Badenoch said she was ‘very focused on what the Conservatives are doing now’

The Guardian - UK

Truss accuses Badenoch of not telling truth about Tory failures

Ex-PM’s criticism follows Tory leader’s article comparing Labour policy to Truss’s disastrous mini-budget

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