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The Latest Breaking News from Mel Stride

Javid denies Truss tax cuts plan will lead to increased borrowing

Latest high-profile backer of Tory leadership candidate says proposals ‘risky’ but not inflationary

The Guardian - UK

Who could be in the next cabinet under Rishi Sunak or Liz Truss?

These are some of the figures tipped to be part of the two candidates’ top teams

The Guardian - UK

Price hike warning issued to anyone who uses a Visa or Mastercard

British customers face new EU shopping fees after firms have increased so-called interchange fees for online credit and debit cards.

The National (Scotland)

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People 'across Bristol skipping meals' says MP as Tories vote down gas giants windfall tax

Not one Conservative MP voted in favour of the tax which could save families £600

Bristol Post

Tories vote down gas giants windfall tax that could hand your family £600

Chancellor Rishi Sunak hinted the government could perform a U-turn in future, however, as he said “no option is off the table”

Daily Mirror

Bailey sets alarm bells ringing while barely mentioning the B-word

As the Convict hoped for a fudge in Northern Ireland, the Bank of England governor explained how screwed the economy is

The Guardian - UK

Bank of England governor gives 'apocalyptic' warning about food prices due to Ukraine war

Andrew Bailey, the governor of the Bank of England, said he sounded 'rather apocalyptic' about the risk of foods like wheat and cooking oil being produced in Ukraine but unable to get out

Daily Mirror

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MPs urge Government to set up body to tackle fraud

Mel Stride, who chairs the Treasury Select Committee, said ministers had dismissed calls from his group to create a new agency.

The Independent UK

PM promises to examine raising universal credit in line with inflation

Boris Johnson was questioned at the liaison committee about the plight of those dependent on universal credit

The Guardian - UK

Inflation hits 6.2% tightening cost of living squeeze

Inflation hit 6.2 per cent last month - the fastest rate in 30 years- tightening the cost-of-living squeeze on millions of families.

Evening Standard

National insurance rise ‘absolutely vital’, PM declares as Tory opposition grows

Conservative Treasury Committee chairman Mel Stride has called for the planned 1.25 percentage point increase to be delayed by a year.

The Independent UK

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