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The Latest Breaking News from Kwasi Kwarteng

Scots must feel we can do better than Tories’ economic shambles

It’s hard to find any comparisons of a fiscal statement having such a significant impact on the wider economy in such a short space of time.

Daily Record

Kwasi Kwarteng: We must stay the course with tax-cutting plan

Chancellor to make crunch speech today

Wales Online

Tory MP 'submits letter' calling for Liz Truss confidence vote amid backbench rebellion

The unnamed member of the parliamentary Conservative party reportedly handed in their letter to the 1922 committee on Sunday night as the Tories' public approval rating plummets

Daily Mirror

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Grant Shapps joins Tory revolt over PM scrapping top rate of income tax

Fellow former cabinet minister Michael Gove had earlier threatened to vote against the Government's mini-budget

Wales Online

Kwarteng to make crunch conference speech as revolt grows over tax cuts for rich

The Chancellor will insist that his plan to boost growth is right despite mounting opposition from senior Tories.

The Independent UK

Tory chairman tells hard-up Brits to 'get new job or cut consumption'

Jake Berry's comments were reminiscent of Norman Tebbit's 'get on your bike' speech from decades ago

Wales Online

‘We must stay the course with tax plan,’ Chancellor to say in crunch Tory conference speech

Kwasi Kwarteng will defend his planned tax cuts following criticism from Michael Gove

Evening Standard

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Prime minister Liz Truss is 'dead woman walking', according to ex-Cabinet minister

The former minister believes the PM will be gone before Christmas

Bristol Post

Labour demands names of guests at champagne event Kwarteng attended

Drinks reception with wealthy Tory donors took place on same day the chancellor delivered mini-budget

The Guardian - UK

Truss’s mini-budget looks likely to cost the Tories the next election

Tory MPs fear voters see them as the nasty party again after the prime minister refused to rethink tax cuts for the rich

The Guardian - UK

Alan Kohler: Past budgets and tax cuts are a foreign country

When LP Hartley wrote “the past is a foreign country: they do things differently there”, as the first line of his novel The Go-Between, he was on about

The New Daily

Liz Truss is 'dead woman walking' who may be gone by Christmas, ex-Cabinet minister says

The senior figure warned The Prime Minister will not survive until Christmas unless she U-turns on her plan to give Brits earning over £150,000 a tax cut

Daily Mirror

The U.K. is staring into an economic abyss

Britain may well pay the price for Prime Minister Truss’s move to take on the ‘economic orthodoxy’ of the Treasury and economists

The Hindu

Mini-budget debacle likely to create tension between Truss and Kwarteng

The turmoil in financial markets has led to reports of friction between the prime minister and her closest political ally, the chancellor

The Guardian - UK

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The Independent UK

Gove joins assault on Liz Truss package of tax cuts for the rich

‘Wrong values’: Rebel Tories warn PM will struggle to get 45p rate move through parliament

The Guardian - UK

Cooking up solutions to cost of living crisis

Brief letters: Bonfire night | Peak problem | Double trouble | Extreme politics

Daily Mirror

'Cronyism' anger as Tory donor who set up business with Jacob Rees-Mogg made minister

Dominic Johnson, who co-founded Somerset Capital Management in 2007, has previously rallied against the cap on bankers' bonuses, which was lifted by Chancellor Kwasi Kwarteng in his controversial mini-budget

The Independent UK

Cutting benefits to fund reduced tax ‘not right thing to do’ says Scottish Tory

Andrew Bowie told BBC Radio Scotland that cutting benefits in real terms would not be the right thing to do ‘in principle’.

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The Independent UK

‘Get new job’ or cut your spending, Tory chair tells struggling Britons

‘Go out there and get that new job,’ says Jake Berry

The Guardian - UK

This Tory crisis reveals a party that has lost touch with reality – and its own heartlands

Liz Truss is unashamed about a plan that will hit even the middle classes hard. But her party’s drift away from them began long ago, says Guardian columnist John Harris

The National (Scotland)

Andrew Bowie refuses to say if he would vote to back mini-budget measures

The Scottish Tory MP was asked twice if he would back the mini-budget measures in a parliamentary vote and refused to do so

The Guardian - UK

UK’s ‘pro-growth’ government has only made a recession more likely

Thanks to Truss and Kwarteng, the country is now far riskier for the investors who finance our trade and budget deficits

Daily Record

Liz Truss blames Chancellor Kwasi Kwarteng for decision to slash income tax for rich

The plans to abolish the 45 per cent tax rate on incomes above £150,000 a year in England, Wales and Northern Ireland has caused anger.

The National (Scotland)

Shona Robison hits back at BBC claim indy Scotland would be worse-off amid Tory-made crisis

Despite the economic crisis being caused by the Westminster Tory government, Robison hit back at claims an independent Scotland would be worse off

The National (Scotland)

Michael Gove 'profoundly' concerned about Liz Truss's tax plans

FORMER Conservative Cabinet minister Michael Gove has said he is “profoundly” concerned about Liz Truss’s vast tax cuts as he suggested he…

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