The Latest Breaking News from Downing Street

He has warned of 'difficult' economic decisions to come

When Larry the cat chased off a vulpine visitor from No 10 last week, many of us cheered him on. But others argue the fox deserves its place, both in our folklore and in our cities

The future of Ms Truss’s leadership appears precarious - and the bookies agree

Admitting she had to change course, she reversed a key policy to scrap the planned rise in corporation tax from 19% to 25%.

PM makes second climbdown and sacks chancellor after package of unfunded tax cuts sent the pound tumbling

Liz Truss tore up the mini budget with an £18 billion corporation tax U-turn after sacking Kwasi Kwarteng as Chancellor on Friday. The reversal came as the prime minister held a press conference after a tumultuous day where she sacked Mr Kwarteng, one of her closest allies, and appointed Jeremy…

It marks a return to frontline politics for the former health secretary

Liz Truss will hold a press conference today amid speculation that the Prime Minister is going to announce another mini-budget U-turn, this time on her plans for corporation tax

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