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The Latest Breaking News from Simon Clarke

Treasury drawing up new scheme to ‘cut energy costs by £400’

Chancellor Nadhim Zahawi has asked officials to draw up a multibillion-pound package to reduce the price cap from January

Evening Standard

Liz Truss could cancel £400 cost-of-living energy bills discount for richer Brits

All Brits are due to get £400 off their soaring energy bills between October and March - but a key ally of the likely PM said it was 'odd' and should be 'revisited'

Daily Mirror

Truss may stop high earners getting £400 energy bill payments, ally hints

Chief secretary to Treasury Simon Clarke says it is ‘pretty odd’ that wealthier people will benefit from payments

The Guardian - UK

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Rishi Sunak ‘dug heels in’ to resist changes to Brexit red tape, Liz Truss allies claim in fresh attack

Kwasi Kwarteng and Simon Clarke accuse former chancellor of pushing ‘Labour-lite economic policy’

The Independent UK

Rishi Sunak and Liz Truss compete for Tory members’ support in Cheltenham leadership hustings – as it happened

The two candidates are bidding for support from Conservative party members ahead of the final vote for the next PM

The Guardian - UK

Scottish Government 'monitoring' risk of winter blackouts and energy supply issues

THE Scottish Government is "monitoring" the risk of power blackouts and energy supply issues, The National can reveal.

The National (Scotland)

Rishi Sunak pledges 20% tax cut by end of decade in last-gasp pitch to members

Former chancellor warns party members against ‘fantasy economics’, adding voting for Truss would be ‘self-sabotage’

The Guardian - UK

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Rishi Sunak vows to take 4p off income tax within seven years

The former chancellor, setting out his ‘radical tax vision’, faced renewed accusations of U-turning on tax.

The Independent UK

Tory minister on £115k salary says workers must accept ‘pay restraint’ to control inflation

‘High wage economy’ promise in doubt as chief secretary to the Treasury attacks pay demands

The Independent UK

Prime ministerial hopeful Sunak pitches UK energy bill tax cuts

Rishi Sunak, trailing in the race to become Britain's prime minister, pledged on Wednesday to temporarily scrap taxes on energy bills paid by households, part of a "winter plan" to ease the cost-of-living crisis.

Reuters

Truss and Sunak to clash again in second head-to-head debate

Liz Truss and Rishi Sunak will take part in a second debate as part of their battle to be the next prime minister.

The Independent UK

Rishi Sunak ‘aggressive’ in Tory leadership debate, say Truss supporters

After BBC debate against Liz Truss, former chancellor accused of ‘mansplaining’

The Guardian - UK

Conservative leadership race: Tory hopefuls trade fresh blows after bruising TV debate

Liz Truss’s camp accuse Rishi Sunak of ‘mansplaining’ and ‘shouty private school behaviour’

Evening Standard

Liz Truss backer reveals anger at Rishi Sunak for ‘interrupting’ her during stormy TV debate

‘There was genuine frustration at the tone which Rishi struck....the way he kept interrupting Liz when she was trying to set out her side of the story’

The Independent UK

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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 - AU

For Australia the 2022 Tour de France was a case of what might have been

After hardships and disappointments – and two bright sparks – focus turns to the Vuelta and a home world championships

The Guardian - UK

Brexit: European interest rates rise may push up UK’s divorce bill by £5bn

New Treasury estimate comes as European Central Bank increases interest rates for first time in 11 years

The National (Scotland)

Brexit bill jumps by £10bn – and Tories put end to cost announcements

THE Brexit “divorce bill” has risen by £10 billion on initial estimates, the UK Government has quietly admitted.

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The Independent UK

Brexit divorce bill could soar by £5bn, Treasury admits

The Treasury’s latest estimate put the figure at £42.5 billion – up from £37.3 billion a year ago.

The Independent UK

Chris Froome out of Tour de France after testing positive for Covid

The four-time Tour winner was one of three riders unable to start Thursday’s stage 18 from Lourdes to Hautacam due to the virus

Evening Standard

Tour de France: Chris Froome confident in comeback despite early exit from race due to Covid

Chris Froome has spoken of his disappointment at being ruled out of the Tour de France climax after testing positive for Covid-19.

The Independent UK

Chris Froome forced out of Tour de France after positive test for Covid-19

The 37-year-old is now targeting the Vuelta a Espana in August.

The Independent UK

Tobias Ellwood has Tory whip suspended again after reprieve for leadership vote

The Penny Mordaunt supporter was given back the whip temporarily so he could vote in the race for No 10.

The Independent UK

Tobias Ellwood hails temporary return of Tory whip to allow leadership vote

The Penny Mordaunt-supporting MP had not been expected to have a vote in the remaining ballot of the contest.

Evening Standard

5% pay rises ‘are generous and the final offers’ says minister as unions threaten strikes

The below-inflation pay rises being offered to public sector workers are “extremely generous”, the Chief Secretary to the Treasury insisted on Wednesday as unions threatened strikes at schools and hospitals.

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