The Latest Breaking News from No10

The new Chancellor confirmed that he would axe all but two key measures from Liz Truss's mini-Budget just over three weeks ago

A group of MPs want Ben Wallace as the new PM, with Rishi Sunak back as Chancellor in a bid to calm the financial markets. They hope Liz Truss will step aside to avoid total carnage at the polls

A No10 source refused to comment on speculation that Liz Truss is poised to fire the Chancellor as the PM gears up for an unplanned press conference

Kwasi Kwarteng refused on Thursday to rule out another humiliating U-turn - this time on corporation tax - and stressed he was not about to quit as Chancellor.

The comedian will likely find out in late November if she's been selected as the candidate for Sheffield Central - an ultra-safe Labour seat with a 27,000 majority

The Olympic legend, who came out as gay in June aged 52, also candidly spoke of her own mental health struggles, saying she 'lived through some of my darkest days alone'

The Scottish First Minister made the comments as Downing Street sources claimed there could be a ‘monstrous coalition’ of Labour and the SNP - despite Keir Starmer being tipped for an outright majority and ruling out a deal

The Home Secretary is allegedly at loggerheads with her Cabinet colleagues over immigration policy

No10 declined to comment on the leaked list of political peerages featuring 25 indviduals including former newspaper editor Paul Dacre, Sir Michael Hintze, former Labour deputy leader Tom Watson and Sir Nicholas Soames

The Prime Minister refused to launch a £15m public information blitz on ideological grounds, it's claimed - even though it could have brought down the eye-watering £60bn cost of bailing out bills

The Prime Minister’s awkward address to the Party faithful did nothing to bolster her credibility as her leadership of an “amateur and amoral” Government was blasted – by a Tory-linked think tank. It was so bad Betfair cut odds on her leaving No10 this year from 8/1 to 13/2