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The Latest Breaking News from Kwasi Kwarteng

Prime Minister Liz Truss to hold press conference today

It comes amid speculation the PM could U-turn on key elements of the controversial mini-budget

Liverpool Echo

Liz Truss to hold press conference amid calls for mini-budget U-turn

Chancellor Kwasi Kwarteng has flown back to London for crisis talks after cutting short a visit to the US.

The Independent UK

Truss needs to hold on until new year to avoid being shortest-serving PM

Kwasi Kwarteng has already avoided being the shortest-serving chancellor ever.

The Independent UK

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Liz Truss to hold press conference today amid reports 'Kwasi Kwarteng sacked as Chancellor'

The Prime Minister will be holding it today

Manchester Evening News

Liz Truss to hold Downing St press conference TODAY amid mini-budget chaos

The Prime Minister is set to hold a press conference today, at which she is expected to confirm another humiliating U-turn on her disastrous mini-budget, this time reversing corporation tax plans

Daily Mirror

UK’s Kwarteng abandons US trip as pressure over economy mounts

The sense of chaos at the heart of government fuels speculation as to whether it can survive, after 37 days in office.

Al Jazeera

Kwasi Kwarteng’s plane back to UK for urgent tax U-turn talks most tracked in the world

The chancellor left an IMF meeting in the US early to join discussions in Westminster

The Independent UK

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Fury as scheming Tories want Sunak and Mordaunt to 'take over' from Liz Truss

NADINE Dorries has lashed out at senior Tories reportedly exploring the possibility of replacing Prime Minister Liz Truss with a joint ticket of…

The National (Scotland)

UK Treasury chief dashes back to London amid crisis

Britain’s Treasury chief is dashing back to London for urgent talks with Prime Minister Liz Truss amid growing expectations that they will scale back unfunded tax cuts to calm financial markets and quell a burgeoning revolt by members of their own party

The Independent UK

Kwasi Kwarteng flies back to London after days of economic chaos caused by Tory mini-budget

The Chancellor cut short a visit to Washington amid speculation Conservative MPs are already plotting to replace him and Liz Truss.

Daily Record

Excruciating moment Tory confronted with old tweet slating Truss's 'fairytale' economics

Today programme presenter Nick Robinson brought up a tweet from a TV leadership debate on July 15, where Mr Hands said: 'Rishi speaks out against more debt and “fairytale” economics'.

Daily Mirror

Senior Tory warns Truss economic U-turn must be ‘significant’

Mel Stride says that markets won’t be settled if government’s policy change just ‘nibbles at the edges’

The Guardian - UK

Kwasi Kwarteng reportedly believes Liz Truss ‘only has a few weeks’ – as it happened

Source close to sacked chancellor briefs Times that ‘wagons are still going to circle’ around embattled prime minsiter

The Guardian - UK

Kwasi Kwarteng hits 46-year record low for Chancellors after mini-budget - poll

Exclusive: Poll shows 65 per cent adults in Britain dissatisfied with Chancellor

Evening Standard

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Reuters

UK's Truss sacrifices finance minister, scraps tax plan in fight to survive

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng and scrapped parts of their unpopular economic package on Friday in a desperate bid for political survival less than 40 days into her premiership.

The Independent UK

‘Disastrous’: Martin Lewis issues stark warning about the UK economy at NTAs

The Money Saving Expert founder won the expert prize at the annual TV awards

The Independent UK

Kwasi Kwarteng dashes home early from US for tax U-turn talks as minister insists chancellor’s job is safe

Chancellor leaves IMF meetings early but trade minister Greg Hands downplays significance

Evening Standard

London politics latest LIVE: Truss fights to save premiership after corporation tax U-turn and Kwarteng sacking

Jeremy Hunt is the fourth chancellor this year as Liz Truss seeks to shore up support following her disastrous mini-budget

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news in one place.

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Evening Standard

Kwasi Kwarteng accused of ‘Corbynism by another name’ as he flies home for crisis talks with Liz Truss

The Chancellor returns to UK for crisis talks with PM following weeks of economic turmoil

The Guardian - UK

Pound selloff intensifies, government bond, FTSE rally fades after Liz Truss press conference – as it happened

Liz Truss announces U-turn on corporation tax but fails to give the reassurances the public and markets were looking for

Manchester Evening News

Kwasi Kwarteng cuts US trip short for 'crunch talks' with Liz Truss amid expectation of another major U-turn

The Chancellor will fly back to the UK early as pressure grows on the government

Evening Standard

FTSE 100 Live: Truss scraps corporation tax cut; Hunt replaces Kwarteng

Liz Truss has U-turned on her policy to block a planned rise in the rate of corporation tax. Speaking at a press conference in Downing Street, the PM said: “Parts of our mini budget went further and faster than markets were expecting...we will do whatever is necessary to ensure debt…

The Guardian - UK

Friday briefing: How to understand gilts, yields and the Bank of England’s action to aid the economy

In today’s newsletter: Today the UK central bank is due to end its rare, urgent bond-buying to help stabilise the economy – but why, and what does it mean for you?

Wales Online

Kwasi Kwarteng rushing back to UK as more mini-budget U-turns are on table

The Chancellor has scrapped meetings in the USA to fly back home early as Liz Truss fends off a leadership challenge from two former rivals

Wales Online

Truss may ditch Budget pledge on corporation tax in new U-turn

Markets believe move is in the works as pressure grows on Prime Minister and Chancellor

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