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The Latest Breaking News from Kwasi Kwarteng

Liz Truss to abandon benefit cuts in bid to avoid Tory mutiny, reports say

PRIME Minister Liz Truss is set to abandon plans to impose real-terms benefits cuts in an attempt to stave off a Tory mutiny brewing after just…

The National (Scotland)

Bank of England expands emergency bond-buying scheme to £10bn a day

Central bank plans ‘orderly’ close to scheme after mini-Budget chaos

The Independent UK

Bank of England doubles down on emergency measures to protect pension funds from collapse

The Bank of England is upping the daily limit on its emergency gilt-buying programme from £5billion a day to £10billion, before the scheme closes for good this Friday

Daily Mirror

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Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF

Jitters about market and UK economy remain

Evening Standard

Cutting oil output risks global economy, warns US Treasury secretary

Janet Yellen’s comments come as figures show business activity declining across most UK regions

The Guardian - UK

Liz Truss’s economic plans are more anti-growth than those of her critics

The Guardian - UK

The troubles ahead for Liz Truss after her disastrous fortnight

The political landscape has been transformed since MPs were last at Westminster – and not in a good way for the prime minister

The Independent UK

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Why is trickle-down economics still with us?

This gonzo economic theory continues to live on, notwithstanding its repeated failures

The Guardian - US

Cabinet to 'ambush' Liz Truss over benefit cut that'd put 200,000 kids in poverty

The PM is being warned she won't get the cut through as Tories plot with Labour in a civil war - and an ex-Sainsbury's boss warns the crisis is the worst since the 1970s

Daily Mirror

Zahawi warns ‘delay is our biggest enemy’ as he urges Tory unity

A senior Conservative MP said the mood in the party is ‘febrile’.

The Independent UK

Ministers ‘blame Bank of England’ for soaring mortgage costs as housing crisis grows

Mortgage costs have risen sharply since chancellor Kwasi Kwarteng’s so-called mini budget

The Independent UK

North London townhouses? Liz Truss’s critics can’t afford them

Large Georgian homes worth £4m or more are far more likely to be the province of the chancellor’s ‘pro-growth’ City cronies

The Guardian - UK

Can Greater Manchester afford Liz Truss? Why we need a general election

We haven't had our say on what Prime Minister Liz Truss is offering - an election would settle that, M.E.N Weekend Editor Chris Osuh writes

Manchester Evening News

Truss and Kwarteng will face fury of Tory MPs in week of crisis meetings

The PM and chancellor will try to stop panic spreading through the party after their high-risk economic plan threatens a ‘death spiral’

The Guardian - UK

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The Guardian - UK

Kwasi Kwarteng’s champagne reception may have broken ministerial code

Liberal Democrats write to cabinet secretary to demand examination of meeting with financiers after chancellor’s mini-budget

Evening Standard

Cabinet ministers urge Tories to rally behind Truss or risk electoral annihilation

The appeal for unity comes as fresh polling puts PM’s personal approval rating at minus 47

The Guardian - UK

Kwasi Kwarteng buckles up for an awkward first date with the IMF

The chancellor is bound for Washington for talks with the organisation that blasted his mini-budget

The Independent UK

Cabinet ministers urge Tories to rally behind Truss or risk election defeat

The appeal for unity comes as fresh polling puts PM’s personal approval rating at minus 47.

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news in one place.

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The Independent UK

Ministers urge Tories to rally behind Liz Truss as ‘Cabinet ambush planned over benefits’

Appeal for unity comes as fresh polling puts PM’s personal approval rating at minus 47

The Independent UK

Liz Truss approval ratings now worse than Boris Johnson’s at height of Partygate scandal

Three in five voters want a general election this year

Daily Mirror

Liz Truss at risk of losing job if she presses ahead with benefits cuts

The Prime Minister's position hangs in the balance as less than 40 Conservative MPs would need to vote with opposition parties to threaten her future in the role

The Guardian - UK

Truss and Kwarteng made ‘worst first impression’ in UK political history, SNP conference told

Ian Blackford says Tory mini-budget will go down as one of worst financial interventions in modern history

The Independent UK

No 10 sidelines Suella Braverman in bid to relax immigration rules in fresh cabinet split

Exclusive: Business leaders told to ignore Home Office and lobby other ministers in their efforts to build case for change

Daily Mirror

'Liz Truss promises us growth but she reduced pound to lowest-ever value in just one day'

Mark Steel says Prime Minister Liz Truss 'sounded like a disturbed seven-year-old' during her speech at the Conservative Party conference, in which she often mentioned the word 'growth'

The Guardian - UK

The week in audio: Clear the Air with Sadiq Khan; Today; The Open Secret; Eliza

The mayor of London kicks off his new climate crisis podcast; Nick Robinson grills Kwarteng and Truss to perfection; and Sky News resorts to actors to voice abuses in parliament

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