The Latest Breaking News from Conservative Party

New U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, including a planned cut in income taxes

Chancellor Jeremy Hunt announced the scrapping of most of the Prime Minister’s financial policies on Monday.

I’m not sure how much I ever bought the old adage that 90 per cent of success is about showing up. But when you are the prime minister, you have sacked your chancellor of 38 days and his replacement has just gone on television to repudiate your mini-budget and entire…

The Prime Minister's authority has evaporated among her own MPs after she was forced to sack her Chancellor and ditch her economic plans.

The First Minister tweeted in response to the new Chancellor’s emergency announcement.

The Conservative Party is now treating the office of Prime Minister like a game of pinata at a children’s party. One child after another comes up to the package and smashes it with a stick. Eventually, every child gets a go. Little more than a month after the party made…

Treasury chief has signalled he will have a ‘clean slate’ when it comes to re-examining Kwasi Kwarteng’s disastrous mini-Budget, which spooked global financial markets and piled pressure on Liz Truss

PRIME Minister Liz Truss has just “days” to turn her situation around if she is to stay in power at Number 10, a senior figure in the party in…

Liz Smith, finance and economy spokeswoman for the Scottish Conservatives at Holyrood, said the Prime Minister Truss was "in an extremely difficult position".

Liz Smith, the Scottish Conservative finance spokeswoman, said the Prime Minister is in ‘an extremely difficult position’.

Three Tory MPs have already called for the Prime Minister's resignation