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The Latest Breaking News from OBR

OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget

Predictions handed to chancellor expected to paint gloomy picture for UK economy amid sweeping tax cuts

The Guardian - UK

Truss and Kwarteng warned not to stretch medium-term growth timeline

Concerns that fiscal plan may take longer to deliver than the traditional definition of three to five years

The Guardian - UK

Truss says she ‘absolutely’ trusts Kwarteng after display of public unity

Liz Truss and Kwasi Kwarteng took part in a joint visit but there were still signs of trouble in the relationship between No 10 and No 11.

The Independent UK

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Kwarteng U-turn on statement timing ‘could ease mortgage pain for millions’

Senior Tory says watchdog report will influence crucial rate-setting meeting

The Independent UK

Andrew Bowie refuses to say if he would vote to back mini-budget measures

The Scottish Tory MP was asked twice if he would back the mini-budget measures in a parliamentary vote and refused to do so

The National (Scotland)

Minister claims upside from weak pound for shops serving high-spending US tourists

Exclusive: Plunging value of sterling ‘not all bad’, says member of Truss team

The Independent UK

Kwarteng is sticking to his guns on tax and spending cuts. But what he really needs is luck

The chancellor appears unwilling to reverse any of the measures in his mini-budget. If he is to survive, it may be down to factors beyond his control

The Guardian - UK

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Labour will not waver from putting the UK economy on secure ground

The disastrous Conservative mini-budget has left the country in tatters. This government can no longer be trusted, says shadow chancellor Rachel Reeves

The Guardian - UK

Voters abandon Tories as faith in economic competence dives

Conservative MPs urge Liz Truss’s removal from No 10 after poll reveals British public’s fury over tax plans

The Guardian - UK

Tory plotters target 70 MPs to oust Liz Truss over fears she will collapse economy

Conservative Party members are speaking to up to 70 MPs in a bid to topple their new leader and Prime Minister Liz Truss amid mounting fears she will tank the UK economy

Daily Mirror

Tory rebels seek Labour help to stop budget ‘for sake of Britain’

Labour will reportedly use the “humble address” to seek documents from the OBR

Evening Standard

Warning to Kwarteng that delay in releasing plans could mean mortgage pain for millions

Senior Tory urges chancellor to bring forward 23 November fiscal statement to this month

The Independent UK

Liz Truss admits UK faces 'difficult winter' but DEFENDS 'disruptive' mini-budget

The Prime Minister insists the Government was right to act to get the economy moving and to protect families from soaring energy bills despite the 'disruption' it's caused

Daily Mirror

Kwasi Kwarteng: We had no choice but to do something different with economy

Liz Truss has admitted the Government caused ‘disruption’ to the markets, but insisted they were right to act

Evening Standard

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The Independent UK

Kwarteng insists he had ‘no other choice’ but to do something different with economy

Chancellor’s comments come as Liz Truss admits government caused ‘disruption’ of markets

Daily Mirror

Kwasi Kwarteng says he had to do 'something different' after causing budget chaos

The Chancellor Kwasi Kwarteng has defended his mini-budget that sent the financial markets into a spin by saying he was left with "no other choice" and needed to do "something different"

The Independent UK

We had no choice but to do something different with economy, says Kwarteng

Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act.

Wales Online

Truss concedes that £45bn mini-budget tax cuts caused ‘disruption'

'I recognise there has been disruption but it was really, really important we were able to get help to families as soon as possible'

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news in one place.

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The Independent UK

Tory MPs ‘may help Labour to bring down’ parts of Chancellor’s budget

Some MPs want to reinstate the 45p top rate of income tax

The Independent UK

Kwasi Kwarteng to keep expert OBR Budget verdict secret for nearly two months

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

The Independent UK

Truss admits £45bn mini-budget tax cuts did cause ‘disruption’

The Prime Minister insisted Chancellor Kwasi Kwarteng was right to act to get the economy moving.

The Guardian - UK

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

Evening Standard

The Leader podcast: Could Liz Truss OBR talks be a turning point?

The Prime Minister, Chancellor and the Office for Budget Responsibility have held crisis talks as concerns continue to grow about the economy.

Manchester Evening News

Looming D-Day announced for Truss mini-Budget as OBR reveal forecast date

The PM has been under pressure to make a U-turn on the tax-cutting mini-budget policies announced on Friday

The National (Scotland)

OBR will deliver forecast soon after meeting with Liz Truss and Chancellor

THE Prime Minister and Chancellor will “work closely” with the Office for Budget Responsibility (OBR) in the coming weeks and said they…

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