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The Latest Breaking News from Liz Truss

UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Britain’s Treasury chief, Jeremy Hunt, has warned a spending crunch and tax increases are on their way as he bids to fill the “black hole” in the country’s finances

The Independent UK

Seven former Prime Ministers line up at Cenotaph for first time - including Liz Truss

Liz Truss, Boris Johnson, Theresa May, David Cameron, Gordon Brown, Sir Tony Blair and Sir John Major attended the national Remembrance Sunday service - though Ms Truss did not lay a wreath during her 49-day premiership

Daily Mirror

What does the autumn statement have in store? A poison pill for Labour

Spending cuts and tax rises will deepen the recession so the pain will be deferred until 2025 and a likely Starmer government

The Guardian - UK

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Jeremy Hunt: everyone will be paying more tax after autumn statement

Chancellor also warns of severe cuts to services as he prepares for his biggest test in his new role

The Guardian - UK

Conservatives receive over £1.7m from shadowy think tanks and climate sceptic firms

THE Conservative Party and its MPs have registered more than £1.7m in donations from climate sceptics and fossil fuel interests since the 2019…

The National (Scotland)

Rishi Sunak at odds with Tory voters over ban on new wind farms, poll shows

Voters overwhelmingly support new onshore wind and oppose fossil fuel investment

The Independent UK

Truss? Brexit? Covid? Who is really to blame for the Tories’ ‘fiscal hole’?

The succession of PMs have all spoken out on who or what has caused the state of UK finances. They’re all partly right, but conveniently miss out one or two other key reasons

The Guardian - UK

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Amid fiscal shock and awe, more austerity is the last thing we need

A collapse in credibility under the former Tory PM is being followed by a return to ‘sado-monetarism’ under the new one

The Guardian - UK

An industry-friendly budget? Don’t get your hopes up

Tackling inflation and restoring credibility are top of the chancellor’s to-do list in the autumn statement. Business pleas may go unheeded

The Guardian - UK

Jeremy Hunt warns he's Scrooge and will make 'horrible decisions' to save Christmas

Chancellor Jeremy Hunt says he'll make some tough calls on tax and spending in a bid to get a hold on inflation to prevent recession which he blames on Russia

Daily Mirror

Revealed: the £30bn cost of Liz Truss’s disastrous mini-budget

Analysis shows former PM was responsible for half of the Treasury’s £60bn fiscal hole as chancellor prepares to announce cuts in Thursday’s budget

The Guardian - UK

Government can’t subsidise energy bills ‘indefinitely’, says Jeremy Hunt ahead of budget

Jeremy Hunt

Evening Standard

Boris Johnson's 'crony' peerage list sparks demands for Lords reform inquiry

Daily Mirror

Why did Russia invade Ukraine and what could happen next?

Vladimir Putin’s military assault continues in face of near-unanimous international condemnation

The Independent UK

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Evening Standard

Boris Johnson ‘will be back’ one day, says ally Nadine Dorries

The former minister said Boris Johnson threw a ‘successful’ party to thank his supporters after he bowed out of the race to replace Liz Truss

The Independent UK

Johnson ally Nadine Dorries claims ex-PM ‘will be back’ one day

The former minister said Boris Johnson threw a ‘successful’ party to thank his supporters after he bowed out of the race to replace Liz Truss.

The Guardian - UK

Autumn statement: which tax rises and spending cuts are most likely?

The potential impact of the chancellor’s various options and which ones we think he will pursue

Wales Online

Royal Navy, Army and RAF budgets 'being cut in real terms'

Allowances for government departments will be devalued by inflation, which is currently at 10%

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The Independent UK

Rishi Sunak ‘set to cut defence spending in real terms’ as inflation soars

The allowance for all departments, including the Ministry of Defence, will rise in line with the 2021 spending review, according to reports.

Daily Mirror

Social workers told not to ask dementia patients who PM is due to high turnaround

Social workers were warned during training sessions to refrain from asking dementia patients who the current Prime Minister is due to the high turnaround of leaders amid Tory turmoil

The Guardian - UK

The Guardian view on the UK economy: old folly or new folly

Editorial: Next week’s autumn statement will show if Jeremy Hunt has learned anything from George Osborne’s and Kwasi Kwarteng’s failures

Daily Mirror

Dominic Raab nicknamed 'The Incinerator' as Deputy PM 'burns through' staff so quickly

Civil servants working for Deputy Prime Minister Dominic Raab have accused him of creating a "climate of fear" at the Ministry of Justice with staff leaving their jobs over concerns about his behaviour

Evening Standard

The Leader podcast: Kwarsi Kwarteng ‘ghosts’ Liz Truss - and recession panic

Sacked ex-Chancellor pops up before autumn Budget, plus bleak ONS data

The Independent UK

Tory tensions over autumn statement erupt as UK heads for recession

Chancellor warns of ‘eye-watering’ decisions to come

The Guardian - UK

Treasury discussing raising energy price cap from April, say sources

Department considers making policy announcement in autumn statement rather than waiting until spring

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