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The Latest Breaking News from Kwasi Kwarteng

Autumn statement 2023: what might it mean for London first-time buyers and homeowners?

From raising the stamp duty threshold to slashing inheritance tax, extending mortgage guarantees to new deposit-saving schemes, here's what could be announced tomorrow

Evening Standard

Autumn statement: tax cuts could boost UK economy, but businesses also need more certainty

It’s the right time to cut taxes to grow the economy, according to Prime Minister Rishi Sunak. Both he and the chancellor have been discussing the “path to reducing the tax burden” in recent days.

The Conversation

‘The politics of yesterday’: discontent on Tory right mars Cameron’s return

MPs such as Kwarteng and Rees-Mogg are resentful of ex-PM’s Brexit stance and see his comeback as a gamble

The Guardian - UK

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Labour motion to ban Truss-style budget meltdowns puts pressure on Tory MPs

Party loyalty would force Conservatives to vote against plan for fiscal responsibility

The Guardian - UK

Maybe Sunak does have a grand plan. But that king’s speech looked more like an admission of failure

This ragbag of unambitious measures bears all the hallmarks of a programme that can be quietly abandoned later, says Guardian columnist Martin Kettle

The Guardian - UK

Tuesday briefing: Why eco-conscious King Charles is announcing new gas and oil projects today

In today’s newsletter: In his first King’s Speech, the new monarch will announce his government’s annual priorities – including a slate of climate-unfriendly policies

The Guardian - UK

London tourism is booming! Raise a glass to... Kwasi Kwarteng?

City Comment: He may have nearly wrecked the British economy and brought mortgage misery to millions... but at least the hotels are full

Evening Standard

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Fresh calls to scrap UK’s ‘tourist tax’ at Tory party conference

Levelling up minister Lee Rowley was put on the spot over the issue of VAT-free shopping

Evening Standard

A year after the mini-Budget ‘doom loop’, UK gilts look a lot less stressed

City Voices: Rather than a huge shift to de-risk by locking in the higher yields on offer this year, LDI schemes have been more focused on getting their houses in order

Evening Standard

Truss and Kwarteng wrecked our economic reputation in a matter of days. A year on, it still hasn’t recovered

City Comment: The fallout from that extraordinary week is still being felt today

Evening Standard

A year after Truss’s demolition job, the UK is still in a hole

Her worst ideas were reversed, but today’s economy is similarly floundering, as Sunak prepares for his own autumn budget

The Guardian - UK

‘We lost about £100,000’: one year on, Britons count cost of the mini-budget

People who lost money for care home fees and others facing rocketing mortgage costs after Truss’s gambit share their stories

The Guardian - UK

‘Wishful thinking’ for Sunak to say UK on course to meet emissions targets, says Climate Change Committee boss – as it happened

Climate Change Committee head says ‘we’ve moved backwards’ after PM defends decision to delay ban on selling new petrol and diesel cars

The Guardian - UK

Sunak creates dividing line with Labour with net zero slowdown

The policy overhaul included pushing back the ban on new petrol and diesel cars back by five years to 2035.

The Independent UK

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The National (Scotland)

'They'd have gone up anyway': Liz Truss shrugs off mortgage rates hike

LIZ Truss has refused to apologise for the impact of her disastrous mini-budget and claimed that interest and mortgage rates would have “gone up…

The Independent UK

Watch: Liz Truss urges government to cut taxes one year on from disastrous mini-budget

Watch as Liz Truss makes a speech on the economy on Monday (18 September), urging the government to cut taxes in a speech one year after her disastrous mini-budget.

The Independent UK

Liz Truss urges PM to cut taxes and ditch some green commitments

The former PM concedes that she and Kwarteng were in a ‘rush’ to get ‘results’

The Independent UK

Labour demand Sunak block Liz Truss’s resignation honours

Sunak should not reward those ‘who crashed the economy’, Labour said

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The Independent UK

Unfair to call my mini-budget tax cuts unfunded, Truss to claim

The former PM will urge the Government to cut taxes, shrink welfare spending and raise the retirement age in a speech explaining her economic vision.

The Guardian - UK

A year on from Liz Truss’s mini-budget, the UK economy is still stuck in first gear

Truss was right in saying Britain needed economic growth – where she was badly wrong was in her prescription

The Independent UK

Kwarteng turns on Truss and says she was ‘not wired’ to be PM

Radical ‘full Estonia’ 20 per cent flat tax was considered for Truss and Kwarteng’s disastrous mini-Budget

The Independent UK

Liz Truss mini-Budget ‘left homeowners £300bn worse off’

Sunak has failed to turn around damage done by predecessor’s ‘casino economics’, says Labour

Evening Standard

Actor Brian Cox: put ‘senile’ Donald Trump in a nice little home

Cox also railed against ‘vicious’ cancel culture

The Guardian - UK

‘She’s totally lost it’: inside story of the unravelling of Liz Truss’s premiership

Approaching one year on from the start of her tenure, a look back on how it all fell apart within 49 days

The Guardian - UK

Beware September: five cautionary tales from economic history

From the South Sea Bubble to the undoing of Trussonomics, this month of the year keeps providing lessons

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