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The Latest Breaking News from Kwasi Kwarteng

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

Mortgage rates edge up after Government borrowing costs soar and Pound falls

But they are not rising as sharply as after Liz Truss and Kwasi Kwarteng’s 2022 ‘mini-Budget’

Evening Standard

Pound dips to 14-month low as bond sell-off piles pressure on Rachel Reeves

Sterling extends losses against US dollar before easing to half a cent down after Treasury calms market jitters

The Guardian - UK

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Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – as it happened

Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike

The Guardian - UK

Voices: Jeremy Hunt is fighting for his place in history – and the Tories’ future may depend on it

COMMENT: The former chancellor says Rachel Reeves’s budget ‘black hole’ is fiction. John Rentoul examines whether voters will listen

The Independent UK

Post-budget sell-off of government bonds by worried City traders intensifies, pushing up UK borrowing costs – as it happened

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The Guardian - UK

‘A private jet to, say, California?’: Rachel Reeves’s best budget day jokes

Chancellor poked fun at Rishi Sunak, Kemi Badenoch and Kwasi Kwarteng in a budget tradition

The Guardian - UK

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Hunt accused of trying to ‘blame the referee’ over OBR ‘black hole’ review

Tory former chancellor Jeremy Hunt has written to the UK’s top civil servant about an Office for Budget Responsibility review of his spending plans.

The Independent UK

From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

The Guardian - UK

OPINION - Rachel Reeves rolls the pitch for her 'maxi-Budget'

What is the opposite of a mini-Budget? A maxi-Budget? Whatever it is, that is what the chancellor is preparing to deliver next Wednesday. But the biggest difference between Rachel Reeves and Kwasi Kwarteng is not substance per se. Indeed, Reeves also intends to borrow more in order to boost growth,…

Evening Standard

Minister denies government in disarray despite departure of Sue Gray

John Healey says Labour ‘getting on with job’ after chief of staff quit less than 100 days into new government

The Guardian - UK

Betrayal of Boris Johnson: Minister wrote secret no confidence letter to oust him while staying in Government

Lord Brady, ex-chairman of the 1922 Committee of Backbench Tory MPs, lifts the lid on how MPs moved against Mr Johnson

Evening Standard

Truss at 10 by Anthony Seldon review – the leader who made history for all the wrong reasons

This brisk and readable study of our shortest-serving prime minister’s 49 days in office examines her catastrophic mini-budget and the role played by the Institute of Economic Affairs

The Guardian - UK

Janey Godley pans Liz Truss in heartfelt video after 'cut NHS cancer care' claim

SCOTS comic Janey Godley has torn into former prime minister Liz Truss after reports said she considered ending cancer care on the NHS ...

The National (Scotland)

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The Independent UK

Liz Truss hits back at claim she considered scrapping all NHS cancer treatment after crashing economy

Former PM denies claim in new biography she considered extraordinary measures to fix budget black hole

The Guardian - UK

Liz Truss considered cutting NHS cancer care to pay for tax cuts, claims new book

Truss at 10: How Not to Be Prime Minister claims the then PM suggested severe spending cuts to fill financial black hole

The Independent UK

Liz Truss wanted to sign eye-watering energy deal that would have cost bill-payers £30bn extra

A poor-value deal negotiated by Liz Truss nearly cost the country £130bn, book claims

The Independent UK

Liz Truss considered scrapping all NHS cancer treatment after crashing economy, book claims

New book by Sir Anthony Seldon features interviews with insiders from the Truss government

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news in one place.

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The Guardian - UK

A question bugged me: what would I say if I met the talented Mr Kwarteng? Here’s how that turned out

He blew up as chancellor and crashed the UK economy, but when we clashed on TV, he certainly stood his ground, says author and broadcaster Nels Abbey

The Guardian - UK

The Guardian view on record payouts for CEOs: the way they live now

Editorial: The latest High Pay Centre report confirms the persistent and damaging culture of entitlement at the top of business

Evening Standard

Jury out on Chancellor Rachel Reeves, new poll shows after '£22 billion black hole' row

Ms Reeves clashed with her predecessor Jeremy Hunt over the public finances

Evening Standard

OPINION - Why is it okay to be racist to Right-wingers? The Left's double standards are a disgrace

Rishi Sunak reacted to a Channel 4 undercover investigation that found a Reform campaigner calling him a “f***ng P***”with a heartfelt response about how upset and angry he was that his daughters had to hear him being called such things in this country.

The Independent UK

From Nigel Farage to Boris Johnson: The politicians who have been duped by pranksters

Foreign Secretary joins a string of politicians, including Suella Braverman and Boris Johnson, to be hoaxed by impersonators and pranksters

The Guardian - UK

Tories blame Sunak for this implosion, but they are fooling themselves. The rot goes back decades

Since Thatcher was deposed, there has been an absurd yearning to magic her back into existence. Their rightwing obsession stems from that, says Guardian columnist Martin Kettle

The Independent UK

Senior Tories turn on Rishi Sunak over failure to get a grip on election betting scandal

Rishi Sunak has been urged to suspend all those under investigation for placing bets on the date of the election – amid claims that more top Tories will be implicated after party data chief becomes fourth to be accused

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