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The Latest Breaking News from Kwasi Kwarteng

UK to phase out import of Russian oil by end of 2022 in further invasion sanction

Business Secretary Kwasi Kwarteng said it would give ‘more than enough time’ for businesses to adjust.

The Independent UK

Volodymyr Zelenskiy tells UK MPs Ukraine will fight ‘in the forests, in the fields, in the streets’ – as it happened

Ukrainian president summons spirit of Winston Churchill and tells MPs his country ‘will fight to the end in the sea, in the air, whatever the costs’

The Guardian - UK

Oil rallies as US and UK announce bans on Russian oil imports – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Ukraine war prompts European reappraisal of its energy supplies

Analysis: Russian invasion could speed up renewables transition – or lead to disastrous return to coal

The Guardian - UK

UK welcomes Jaguar Land Rover decision to pause Russia exports

Business secretary Kwasi Kwarteng says number of companies are joining in isolating Russia

The Guardian - UK

Is the UK government finally seeing sense on renewables?

Analysis: the business secretary’s energy security wishlist, posted on Twitter, makes a vital intervention in the energy debate

The Guardian - UK

‘It’s about bloody time’: UK finally moves to block Russia’s ‘dirty money’

Analysis: against the backdrop of the invasion of Ukraine, Kwasi Kwarteng announces clean-up measures

The Guardian - UK

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Foreign owners of UK properties to be identified in new register

Proposal, which dates from David Cameron era, intended to tackle money laundering but has no date set to take effect

The Guardian - UK

Truss warns of ‘some economic hardship’ as she gives more detail of Russian sanctions – as it happened

Truss says officials ‘working through the night’ to draw up sanctions against oligarchs; Kwasi Kwarteng in Commons on economic crime bill

The Guardian - UK

BP’s ties to Russia draw UK government ‘concern’

Oil firm holds 22% stake in Rosneft, run by Putin’s de facto deputy, and made $2.7bn profit from arrangement last year

The Guardian - UK

Labour: NI rise ‘will make a bad situation for British businesses even worse’

Shadow business minister Seema Malhotra raised concerns over the level of inflation as well as ‘spiralling’ energy costs.

The Independent UK

Steel campaigners demand action for £2bn industry after latest government talks

The first meeting of the Steel Council for five months took place as sector bosses and union leaders urged Business Secretary Kwasi Kwarteng to help the industry with energy costs and cutting emissions

Daily Mirror

Kwasi Kwarteng backs Labour's call for national resilience plan against future storms

Shadow Climate Change Secretary Ed Miliband said extreme weather events like the latest storms that have lashed the UK, may become a feature of the UK's climate.

Daily Mirror

Extreme weather may become feature of UK’s climate, minister says

Three storms have battered the nation in the past week, including Storm Eunice, which left 1.4 million households without electricity.

The Independent UK

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The Guardian - UK

Kwarteng accused of letting fake news flourish over Queen portrait

Union chief says business secretary is damaging morale after ignoring requests to correct reports

The Independent UK

Offshore wind farm gets go-ahead amid ‘pressing need’ for renewable energy

Kwasi Kwarteng, the energy Secretary, has given the green light to Vattenfall’s Vanguard windfarm off the Norfolk coast.

Evening Standard

Labour say Business Secretary Kwasi Kwarteng should resign for downplaying fraud

Business Secretary Kwasi Kwarteng faced calls to resign on Thursday after he was accused of downgrading fraud when compared to other crimes.

The Independent UK

Auctions to fund renewables increased to every year to boost green energy

Business Secretary Kwasi Kwarteng said the move would reduce the UK’s exposure to expensive gas prices.

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The Independent UK

Martin Lewis calls on Kwasi Kwarteng to apologise for fraud remarks made in defence of Boris Johnson

MoneySavingExpert founder says minister ‘must apologise if he has any shred of decency in him’

The Independent UK

Martin Lewis calls on Business Secretary to apologise for fraud remarks

The MoneySavingExpert founder accused Kwasi Kwarteng of ‘denigrating’ the experience of victims.

The Independent UK

PM starts new week with fresh staff in hopes of turning around fortunes

More announcements are expected on No 10 staffing in coming days.

Daily Mirror

Tory defends Boris Johnson's 'lies' by dismissing an entire type of crime in TV car crash

Kwasi Kwarteng was so keen to defend Boris Johnson's crime statistics that he ended up suggesting fraud is not a 'day-to-day crime' in a 'car crash interview'

Daily Mirror

Boris Johnson ally doubles down and says Jimmy Savile smear was 'perfectly reasonable'

Bizarrely, Kwasi Kwarteng tried to defend the Prime Minister's slur about the paedophile and Keir Starmer despite Boris Johnson already rowing back over it himself

The Independent UK

Cabinet minister denies Carrie Johnson has ‘undue influence’ at No 10 as biography details appear

PM’s wife ‘allowed’ to have political views, says Kwasi Kwarteng

The Guardian - UK

Kwasi Kwarteng branded ‘disrespectful’ to victims of scammers

Business secretary defended Boris Johnson’s claim that crime fell by 14% – which is only true if fraud is excluded

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