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The Latest Breaking News from Kwasi Kwarteng

The Autumn Statement will show us this Labour Party’s true colours too

The question which is torturing Rishi Sunak and Jeremy Hunt will soon confront the Labour Party. In the Autumn Statement on Thursday the Chancellor will reveal his decisions on taxation. Even allowing for the fact that spending cuts are coming, the burden of taxation will have to fall somewhere. The…

Evening Standard

When is the Autumn Statement this week as Jeremy Hunt set to raise taxes

The Chancellor will unveil measures to "put our public finances on a sustainable trajectory" after investors were spooked by Kwasi Kwarteng's budget.

Daily Record

Rishi Sunak refuses to blame Liz Truss for looming tax hikes which will hit Scots

Jeremy Hunt will deliver his autumn statement on Thursday and has already warned the public to expect tax rises.

Daily Record

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UK to be first G7 nation to fall into recession and last to get out - economists

The scale of the UK’s economic crisis was laid bare by a warning from economists

Evening Standard

We will pay the price of Tory party mess as Jeremy Hunt issues dire warning

The situation is dire but it wouldn’t be so bleak if it wasn’t for Liz Truss and Kwasi Kwarteng’s mini-budget that took the country to the edge due to its unfunded tax cuts for the richest in society.

Daily Record

Sunak pledges ‘sustainable trajectory’ as Hunt warns of ‘sacrifices’ for all

The Prime Minister said his Chancellor will unveil measures on Thursday that will ‘deliver on the expectations of international markets’.

The Independent UK

Rishi Sunak vows budget will ‘deliver on market expectations’ to avoid further turmoil

The Prime Minister said Chancellor Jeremy Hunt will unveil measures on Thursday that will ‘put our public finances on a sustainable trajectory’.

Evening Standard

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Jeremy Hunt admits he will 'play Scrooge' this winter but never cancel Christmas as budget looms

Ministers have pledged a crackdown on an 'outrageous waste' of public money when Thursday's Autumn Budget rolls around.

Chronicle Live

UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Britain’s Treasury chief, Jeremy Hunt, has warned a spending crunch and tax increases are on their way as he bids to fill the “black hole” in the country’s finances

The Independent UK

Truss? Brexit? Covid? Who is really to blame for the Tories’ ‘fiscal hole’?

The succession of PMs have all spoken out on who or what has caused the state of UK finances. They’re all partly right, but conveniently miss out one or two other key reasons

The Guardian - UK

Amid fiscal shock and awe, more austerity is the last thing we need

A collapse in credibility under the former Tory PM is being followed by a return to ‘sado-monetarism’ under the new one

The Guardian - UK

Jeremy Hunt warns he's Scrooge and will make 'horrible decisions' to save Christmas

Chancellor Jeremy Hunt says he'll make some tough calls on tax and spending in a bid to get a hold on inflation to prevent recession which he blames on Russia

Daily Mirror

Revealed: the £30bn cost of Liz Truss’s disastrous mini-budget

Analysis shows former PM was responsible for half of the Treasury’s £60bn fiscal hole as chancellor prepares to announce cuts in Thursday’s budget

The Guardian - UK

Government can’t subsidise energy bills ‘indefinitely’, says Jeremy Hunt ahead of budget

Jeremy Hunt

Evening Standard

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The Guardian - UK

Autumn statement: which tax rises and spending cuts are most likely?

The potential impact of the chancellor’s various options and which ones we think he will pursue

Wales Online

Royal Navy, Army and RAF budgets 'being cut in real terms'

Allowances for government departments will be devalued by inflation, which is currently at 10%

The Independent UK

Rishi Sunak ‘set to cut defence spending in real terms’ as inflation soars

The allowance for all departments, including the Ministry of Defence, will rise in line with the 2021 spending review, according to reports.

The Guardian - UK

The Guardian view on the UK economy: old folly or new folly

Editorial: Next week’s autumn statement will show if Jeremy Hunt has learned anything from George Osborne’s and Kwasi Kwarteng’s failures

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Evening Standard

The Leader podcast: Kwarsi Kwarteng ‘ghosts’ Liz Truss - and recession panic

Sacked ex-Chancellor pops up before autumn Budget, plus bleak ONS data

The Independent UK

Tory tensions over autumn statement erupt as UK heads for recession

Chancellor warns of ‘eye-watering’ decisions to come

Daily Mirror

Kwasi Kwarteng accused of 'rewriting history' as he passes blame for crashing the economy

Former chancellor Kwasi Kwarteng has claimed he pleaded with Liz Truss to "slow down" her tax cutting rampage - even though he went on TV two days after the mini-Budget to boast it was just the start

The National (Scotland)

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

FORMER chancellor Kwasi Kwarteng has claimed he told Liz Truss she was “going too fast” with the disastrous mini-Budget as it emerged the…

The Guardian - UK

Truss allies challenge Kwarteng’s claim he tried to slow down tax cuts

One backer of ex-PM says ‘that wasn’t what was going on’, as Jeremy Hunt also appears to dispute version of events

Daily Record

Kwasi Kwarteng takes swipe at Liz Truss's 'mad' decision to sack him as Chancellor

The former Chancellor refused to apologise for the financial chaos caused by his disastrous mini-budget in September.

The Guardian - UK

Labour attacks Kwarteng’s ‘disgraceful’ claim his mini-budget not to blame for UK financial chaos – as it happened

Latest updates: chancellor Jeremy Hunt also dismisses predecessor’s attempt to wash his hands of role in financial turmoil

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