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The Latest Breaking News from Jeremy Hunt

Liz Truss faces pivotal PMQs as she fights to save premiership

The prime minister will be grilled by Keir Starmer amid backlash over economic strategy and Tory plots to oust her

The Independent UK

Half of Britons say Truss should quit as she prepares for tough PMQs clash

Almost as many people think Liz Truss should resign as thought the same about Boris Johnson in his final months as Prime Minister.

The Independent UK

Mini-budget caused ‘full-scale liquidation event’ for pension funds; UK inflation hits 10.1% – as it happened

CPI inflation has jumped to 10.1%, highest in 40 years, as Bank of England reveals funds were ‘shouting on the phone to us’ in days after mini-budget

The Guardian - UK

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UK inflation rises to 10.1% on back of soaring food prices

Annual rate returns to double digits in September as households face cost of living pressures

The Guardian - UK

Five cost of living payments that will hit bank accounts before Christmas

The second cost of living payment is due in November

Wales Online

Inflation surges back to 40-year high after food prices soar

INFLATION last month returned to the 40-year high it hit earlier this summer after food prices soared.

The National (Scotland)

U-turn could cost pensioners £442 a year from next April

“A reduced pension rise, combined with a cut in help on energy bills, could be part of a ‘double whammy’ for millions of pensioners”

Wales Online

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In Britain today it seems your suffering only counts if you have a mortgage

Despite a deepening crisis, it wasn’t until homeowners were threatened that Westminster reacted, says political economist William Davies

The Guardian - UK

UK inflation jump calls for matching rise in state benefits

Standard formula means payments would increase by 10.1% but Jeremy Hunt could choose cheaper option

The Guardian - UK

Government refuses to commit to raising benefits and pensions in line with soaring inflation

Labour accuses government of ‘generating further anxiety’

The Independent UK

Pensions set for bumper increase after Truss says triple lock is being protected

Prime Minister Liz Truss insisted ‘we are protecting the triple lock on pensions’.

The Independent UK

Liz Truss faces tough clash with Sir Keir Starmer at PMQs amid mini-budget turmoil

The Prime Minister will face the Labour leader for the first time since Jeremy Hunt ripped up her economic plans

Manchester Evening News

Inflation back to 40-year high as food costs rise by more than 14%

The headline inflation rate has risen to 10.1%, largely driven by the quickest increase in food prices in 40 years

Chronicle Live

Truss faces tough PMQs after being forced to junk her economic strategy

Prime Minister to face Starmer for the first time since Jeremy Hunt ripped up her plan for tax cuts and increased public borrowing

Wales Online

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The Independent UK

What the papers say – October 19

Pensions, profits and strikes feature among the mastheads.

The Independent UK

Liz Truss faces pivotal PMQs after junking economic strategy

The Prime Minister faces a backlash over suggestions she could ditch the pensions triple lock.

The Independent UK

Jeremy Hunt meets 1922 Committee chair as Tory MPs plot to oust Truss

Chancellor will address Tory backbenchers on Wednesday

Daily Mirror

Liz Truss faces election suicide if she scraps pension triple lock for millions

Liz Truss, who has abandoned her disastrous mini-budget, faces a crucial Prime Minister's Questions today as she seems poised to break her triple lock pension pledge

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The Independent UK

Michael Gove: ‘No longer question of if Liz Truss goes, but when’

Britain is in economic ‘hell’ before ‘purgatory’, former levelling-up secretary says

Evening Standard

Tory rebellion stirring after Liz Truss fails to back triple lock pension pledge

Conservative MPs said pensioners ‘should not be paying the price for the cost of living crisis’

The Independent UK

Liz Truss turns to former Johnson adviser as she fights to shore up tottering premiership

‘She’s toast’: PM to face MPs’ questions amid questions over how long she can survive

The Guardian - UK

Dismayed Tory MPs continue to plot to oust Liz Truss from No 10

Up to 100 letters sent to 1922 Committee as Michael Gove says PM’s departure is ‘a matter of when not if’

The Guardian - UK

Bank is taking a risk in cracking on with first QT sale

Longer delay might have been mildly embarrassing but would be the safer approach

The Guardian - UK

Hunt’s expected austerity drive – where will the axe fall?

Rebellious backbenchers, underfunding and previous pledges mean there are no easy options for the new chancellor

The Independent UK

Bank of England pushes back start of gilt sale to November 1

It came after the central bank earlier denied a postponement of plans to start selling government bonds.

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