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The Latest Breaking News from Nadhim Zahawi

The new top team: What could the Truss Cabinet look like?

Veteran Westminster watchers have started to speculate about who will sit round the table with the new Prime Minister.

The Independent UK

Time for new PM Liz Truss to get to work on wish-list for business

As the nation faces unprecedented costs and pressures, we take a look at the biggest asks from business to weather the storm

Birmingham Post

The daunting economic challenges facing the UK’s next chancellor

Nadhim Zahawi’s successor will have to provide support as the country grapples with falling into recession

The Guardian - UK

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

Liz Truss 'considering' freeze on energy bills this winter in cost of living 'tsunami'

Allies say Liz Truss, who is tipped to be announced as the next Prime Minister at 12.30pm today, is considering support on the scale of the Covid furlough scheme after she spent weeks refusing to set out plans

Daily Mirror

Dinner after 8pm and delaying washes - what we might have to do to avoid blackouts this winter

Energy rationing measures in place in other countries could be heading here

Manchester Evening News

Taxpayers billed hundreds of pounds for Christmas cards from mega-rich Nadhim Zahawi

The current Chancellor, who has a property empire estimated at around £100 million, sent out the festive greetings during his tenure as Education Secretary in 2021

Daily Mirror

Iceland boss pleads with No 10 for radical action on cost of living crisis

Richard Walker says the ‘half-baked’ responses touted by Liz Truss and Rishi Sunak won’t meet scale of needs

The Guardian - UK

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Liz Truss narrows down next Health Secretary to final two names

She is now deciding whether the crucial job of Health Secretary should go to her leadership campaign manager and Welfare Secretary Therese Coffey if Ms Truss wins the keys to No10 on Monday

Daily Mirror

Tax cuts for businesses and help on way for families, says Chancellor Nadhim Zahawi

Nadhim Zahawi is believed to have discussed plans with Liz Truss who is favourite to be the next prime minister

Wales Online

Zahawi: Cost-of-living support needed into 2023 to ‘send clear message’ to Putin

The Chancellor said he has been working on options to support households and businesses for the incoming prime minister

The Independent UK

G7 agrees price cap on Russian oil to rein in runaway energy costs

Finance ministers of the G7 group of leading democracies have agreed a global price cap on Russian oil and petroleum products.

The Independent UK

UK Government snubs north-east carbon capture project meeting bid

The team behind the project asked local MPs to push for a meeting with Chancellor Nadhim Zahawi - but were rejected

The National (Scotland)

Conservative MP who drew up price cap calls for it to be reformed

The price cap set to rise from £1,917 to £3,549 in October but may exceed £6,000 next year

Evening Standard

Boris Johnson says his successor as prime minister will offer cost of living crisis support

He has piled pressure on the next person to take the office with his assurances that “substantial sums” will be provided

Wales Online

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The Guardian - UK

Treasury preparing emergency cost of living options for next prime minister

Officials’ proposed measures include national insurance cuts and pause to green levies

Nottingham Post

Boris Johnson says ‘substantial’ cost-of-living support to be provided by next PM

A 'further package' will be delivered ahead of winter

The Independent UK

Johnson: ‘Substantial’ cost-of-living support to be provided by next PM

The outgoing Prime Minister made the prediction as he confirmed support for a new nuclear project.

The Guardian - UK

No one should be cut off if they can’t afford energy bills, says Zahawi

UK chancellor says more help will be provided to heat homes this winter but does not explain how

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The Independent UK

Energy crisis: Boris Johnson pledges £700m for nuclear, with dig at Truss on fracking

Suffolk Sizewell C plant will power 6 million homes, he promises, days before leaving office

The National (Scotland)

Scottish Power plan to freeze bills to be looked at by UK Government, says Zahawi

PROPOSALS by Scottish Power to freeze energy prices for two years are set to be examined by the UK Government, the Chancellor has said.

The Guardian - UK

More rail strikes announced for September after talks with RMT and operators fail – as it happened

Travel disruption expected for 15 and 17 September as new strike dates announced

Daily Mirror

Chancellor Nadhim Zahawi 'deeply concerned' people will freeze this winter

Anger is mounting over the Government's refusal to set out plans to deal with the calamitous hikes to energy bills in October, as households reel from spiralling inflation and climbing interest rates

The Independent UK

Energy bills: Chancellor ‘deeply concerned’ people could freeze this winter

‘Nobody should be cut off this winter’, says Nadhim Zahawi – but admits current help ‘not enough’

AFP

Yellen 'optimistic' on deal to set price cap on Russian oil

Washington (AFP) - US Treasury Secretary Janet Yellen said Wednesday she was "optimistic" about the possibility of an international agreement to set a price limit on Russia's oil exports.

The National (Scotland)

Shetland residents warned they'll need to earn over £100k to avoid fuel poverty

PEOPLE living in Shetland have been warned they could need to earn over £100,000 to avoid fuel poverty, according to the islands' council.

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