The Latest Breaking News from Jeremy Hunt

Here are the main headlines on the Daily Record website today.

One MP said he was awaiting a parliamentary statement from the Chancellor

Liz Truss is battling to save her premiership as Chancellor Jeremy Hunt warned “eye-wateringly difficult” decisions were needed as he tore up her economic strategy. Mr Hunt scaled back the energy support package and ditched “almost all” the tax cuts announced by his predecessor Kwasi Kwarteng less than a month…

Read the Mancunian Way newsletter for Monday, October 17, 2022.

The lame duck Prime Minister has been missing in action since she sacked her long-time ally Kwasi Kwarteng on Friday as Chancellor and U-turned on her tax-cutting agenda

Pollsters said it is the largest lead for any party since October 1997 - just months after former Labour Prime Minister's Sir Tony Blair's landslide election victory

Chancellor says decisions of ‘eye-watering difficulty’ are ahead and admits government partly to blame for market turmoil

The UK’s latest chancellor said the council would offer him advice that was independent from the Treasury and the Bank of England.

Today's announcement was said to offer no reassurance for families on low incomes who face financial struggles amid a growing cost of living crisis