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The Latest Breaking News from Kwasi Kwarteng

Morning Mail: Coalition’s big no campaign spenders, Twiggy’s revolving door, humanity’s lucky escape

Analysis of politicians’ Facebook advertising data shows uses of public money to target yes activists, while Fortescue loses an exec and gains Kwasi Kwarteng

The Guardian - AU

Labour accuses government of losing £250bn from value of UK assets

Rachel Reeves says Tory bond black hole ‘will land working people with another astronomical bill’

The Guardian - UK

Why would anyone give a job to a Tory MP?

Brief letters: Second incomes | Kwasi Kwarteng’s woes | Bereavement help | August holidays

The Guardian - UK

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Kwasi Kwarteng struggles to match Liz Truss’s almost £200k in outside earnings

Ex-chancellor fails to keep pace with old boss, as he admits his mortgage payments have spiked

The Independent UK

Kwasi Kwarteng admits mini-budget turmoil affected his mortgage

Former chancellor says payments went up ‘considerably’ after his tax cuts sent borrowing costs spiralling

The Guardian - UK

Bumper income from MPs’ second jobs shows little has changed

Boris Johnson is among beneficiaries of failure to impose limits he proposed on money made from outside work

The Guardian - UK

Kwasi Kwarteng reveals he has been hit by aftershock of his own budget

Former chancellor says his tracker mortgage has gone up ‘a great deal’ but denies responsibility

The Independent UK

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UK thinktanks urged to be transparent about funding as $1m US donations revealed

Campaigners urge more openness after more than $1m handed to influential British thinktanks by donors in US

The Guardian - UK

Brexit: Liz Truss mini-Budget saw EU divorce bill soar by £91m

Former PM’s disastrous tax-cutting plan piled an extra £91m on the UK’s payments to the bloc, Treasury documents show

The Independent UK

Nigel Farage launching new website to help people denied accounts by banks

The ex-Ukip leader has been hailed as a consumer champion after vowing to create a guide on how to flood banks with data requests

The Guardian - UK

Will ghosts of Tory past return to help Rishi Sunak re-election?

Former PMs and minister-turned-podcaster could get the vote out

Evening Standard

Kwarteng went ahead with mini-budget despite OBR warning, FOI reveals

Chancellor’s refusal to publish forecast contributed to stock market jitters and run on pound

The Guardian - UK

Special advisers got £2.9m in severance payments amid political upheaval

Ministers were also paid more than £400,000 in severance packages.

The Independent UK

Tory MPs pocket £450k in severance payments after political chaos of 2022

TORY MPs scooped hundreds of thousands of pounds in severance payments thanks to the year of political turmoil they caused ...

The National (Scotland)

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The Independent UK

Ministers given £455,000 in severance payments after year of political turmoil

Boris Johnson, Liz Truss, Kwasi Kwarteng and Michael Gove are among the senior figures who accepted severance payments after leaving office.

The Guardian - UK

Political turmoil in 2022 cost UK taxpayer £3m in severance fees

Pressure to hand back payments grows as documents reveal administrative costs of huge turnover of ministers and advisers

Evening Standard

Boris Johnson and Liz Truss received huge payouts after resigning as Prime Minister

Liz Truss and Boris Johnson both received more than £18,000 each in compensation when they were forced to quit as Prime Minister.

The Independent UK

Top civil servant Sir Tom Scholar’s sacking cost Treasury £457,000

Treasury accounts show numerous ministers also received severance payments amid last year’s spate of resignations.

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The Conversation

Why the pound has shot up while UK economy is struggling – expert Q&A

When Liz Truss and Kwasi Kwarteng’s tax-cutting mini-budget triggered a UK debt crisis in autumn 2022, the pound plummeted to almost parity with the US dollar. In 2023 the UK has endured weak growth, falling productivity and high inflation, yet the pound has been the strongest performing currency among the…

The National (Scotland)

Anas Sarwar makes ridiculous excuse for Labour's two-child benefit cap U-turn

ANAS Sarwar has made a ridiculous excuse for Labour’s decision not to scrap the two-child benefit cap.

The Independent UK

Campaign group concerned about wind farms loses fight with ministers

Suffolk Energy Action Solutions challenged a 2022 decision by then Business Secretary Kwasi Kwarteng relating to two winds farms off Suffolk.

The National (Scotland)

Unions hail ‘significant’ victory after agency worker fight with Tory government

Unions have won a “significant” victory after challenging law changes they said let agencies supply employers with workers to fill in for…

The Guardian - UK

High court quashes rules letting agency workers cover for UK strikers

Unions hail verdict that brands Kwasi Kwarteng’s approach ‘so unfair’ as to be ‘unlawful and irrational’

The Guardian - UK

If Threads is the final nail in Twitter’s coffin, where will the journalists and politicos go?

Elon Musk is wrecking his platform, but it has invented a medium for catchy soundbites that is too invaluable to lose

The Independent UK

Labour tells Jeremy Hunt his advisers must not undermine Bank of England

Exclusive: Members of Mr Hunt’s Economic Advisory Council said the Bank had ‘tried to be too cute’ by not being clear enough on the need for interest rates hikes

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