The Latest Breaking News from Kwasi Kwarteng

Senior Tories warned the Chancellor of further turmoil if he does not get the support of MPs for his fiscal measures.

Kwasi Kwarteng has buckled under pressure to bring forward plans that may affect millions of Brits

The Autumn Statement has been moved forward several weeks in order to calm spooked financial markets

KWASI Kwarteng has once again defended his mini-budget after the International Monetary Fund criticised the UK Government’s tax-cutting plans.

Since pandemic shareholders have enjoyed large payouts at time of meagre workers’ pay growth, thinktanks find

Chancellor Kwasi Kwarteng told MPs that he would announced whether the Government would increase benefit payouts in line with rising prices or earnings in April as part of his financial statement on October 31

Duncan Weldon’s excellent book, Two Hundred Years of Muddling Through, an economic history of Britain from the Industrial Revolution up to the pandemic, almost had a different title: “I wouldn’t start from here”, based on the old joke about the tourist asking for directions.

The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said

The £20m building has been put on the back burner as the council faces a £16m budget shortfall

The Bank of England has expanded its emergency effort to stabilize the financial markets amid concerns the government’s plan to slash taxes pose a “material risk” to Britain's fiscal stability

The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said.