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The Latest Breaking News from Kwasi Kwarteng

MPs call for Liz Truss and Kwasi Kwarteng to lose thousands in severance pay

MPS have supported a motion in the Commons calling for Liz Truss and Kwasi Kwarteng to waive at least £6000 of their ministerial severance…

The National (Scotland)

Tory MP tells Labour frontbenchers to 'shut up' and accuses them of 'chirping'

There were audible gasps in the chamber as Paul Howell snapped, with Labour trio Lisa Nandy, Sarah Owen, and Paula Barker seen looking shocked at the unseemly outburst

Daily Mirror

Autumn Statement: What Jeremy Hunt is expected to announce and how it could impact Scots

The Chancellor has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made.

Daily Record

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Jeremy Hunt’s austerity budget: necessity or political choice?

The chancellor insists Britain has to ‘live within its means’ – but many economists say painful cuts are neither inevitable nor proven to work

The Guardian - UK

Labour calls for Truss and Kwarteng to renounce redundancy payments

Lisa Nandy says it would be ‘abhorrent’ for ex-PM and ex-chancellor to keep five-figure sums after disastrous mini-budget

The Guardian - UK

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

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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

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

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

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The Guardian - 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

Daily Mirror

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

The Guardian - UK

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

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Evening Standard

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

Jeremy Hunt

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

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

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