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The Latest Breaking News from Kwasi Kwarteng

'It's his job': Truss defends Chancellor's champagne bash with financiers

Kwarteng has faced calls for an inquiry after it emerged that he attended a bash with hedge fund managers who would make gains from the pound crash

The National (Scotland)

UK's Truss sticks by economic plan as her party worries

British Prime Minister Liz Truss has acknowledged she could have done a better job “laying the ground” for her package of unfunded tax cuts

The Independent UK

'Baffled' Nadine Dorries says Boris Johnson 'one of world's greatest leaders'

The former Culture Secretary warned Liz Truss not to count on her support if they start "reversing" Mr Johnson's achievements - and did not rule out a return to government if her ex-boss gets the top job again

Daily Mirror

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Kwarteng is sticking to his guns on tax and spending cuts. But what he really needs is luck

The chancellor appears unwilling to reverse any of the measures in his mini-budget. If he is to survive, it may be down to factors beyond his control

The Guardian - UK

Michael Gove savages Liz Truss moments after BBC interview as he hints he won't vote for tax cuts

Liz Truss admitted on Sunday with Laura Kuenssberg that she could have done more to prepare the ground for Kwasi Kwarteng's financial statement.

Daily Record

'Now she's broken the BBC': Feed cuts out as Laura Kuenssberg interviews Liz Truss

NOTHING seems to be going right for Liz Truss at the moment.

The National (Scotland)

Liz Truss blames communication issues for economic panic and defends mini-budget

The PM also refused to rule out any public sector cuts or commit to raising benefits in line with inflation.

The National (Scotland)

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Liz Truss admits she could have 'laid the ground' better on tax cuts

She confirmed the decision to scrap the top rate of income tax for the nation’s highest earners was made by Kwasi Kwarteng rather than being agreed by the wider Cabinet.

Nottingham Post

Tory chair admits he and Kwasi Kwarteng went to Budget day hedge funders' champagne bash

Jake Berry has confirmed he attended a drinks reception for business leaders - including hedge fund managers - at the home of a Tory donor hours after the mini-budget

Daily Mirror

‘Disconnected from reality’: Tory MPs plan rebellion over Liz Truss’s economic agenda

Prime minister is facing the same fate as Theresa May when the Commons returns and could even be removed as leader

The Guardian - UK

Liz Truss blames poor communication for market chaos after mini-Budget

‘We should have laid the ground better’, says PM – but points to Putin and Covid when grilled on economy

The Independent UK

Latest poll puts Labour 19 points ahead of Tories in damning blow for Truss

Half the public believe Chancellor Kwasi Kwarteng should quit after tax cuts cause havoc in the markets

Evening Standard

Kwasi Kwarteng admits losing sleep over market chaos he failed to anticipate

‘If politicians were really good at reading markets ... they would probably be market traders’

The Independent UK

Liz Truss tells Tory rebels 'there is no option but to change' as she faces calls to abandon controversial tax-cutting agenda

The PM rejected calls to sack Chancellor Kwasi Kwarteng after the chaos caused by his mini-budget

Manchester Evening News

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The Independent UK

Pound – live: Liz Truss blames communication problems for market turmoil after ‘clear’ economic plan

PM says she stands by the package

The Independent UK

Pound – live: Kwarteng admits losing sleep over markets as Truss approval rating plummets

More than half the public disapprove of PM’s latest moves

The Guardian - UK

Liz Truss and Kwasi Kwarteng’s foolish dash for growth is a non-starter

The arrogance of the prime minister and chancellor looks to have been their undoing

The Guardian - UK

When we judge politicians’ views, why should their skin colour be in any way relevant?

As ethnic diversity becomes the new normal in politics, ideas should be the focus of discussion

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news in one place.

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The Guardian - UK

Ten days that shook the British political world: the inside story of Tory collapse

Last Friday, Liz Truss and her chancellor expected acclaim for their mini-budget. This weekend, she goes into her first Tory conference as leader – battling for survival

The Guardian - UK

The Observer view on why Tory MPs must stop Liz Truss’s ‘reverse Robin Hood’ policies

Cutting services to fund tax cuts for the very wealthy is not only cruel amid a cost of living crisis, it’s also unmandated

The National (Scotland)

How the Tories wrecked the economy in seven days

IT took Liz Truss’s Government just under a month to see the value of the pound drop to historic lows, the Bank of England being forced to step in…

The Guardian - UK

Tory party chair defends chancellor over champagne party with financiers

Jake Berry says event on mini-budget day, where guests allegedly told Kwasi Kwarteng to stick to his policies, was ‘not unusual’

Wales Online

Kwasi Kwarteng faces calls for inquiry following champagne do with financiers

The Sunday Times reported that he joined a gathering at the home of a City financier on September 23 where he was said to have been 'egged on' to commit to his plan for £45 billion of unfunded tax cuts

The Independent UK

Truss tells Tory rebels ‘there is no option but to change’

PM rejects calls to sack Kwasi Kwarteng over mini-Budget turmoil saying he is doing an ‘excellent job’.

Daily Mirror

Kwasi Kwarteng accused of attending mini-Budget day champagne bash with financiers

The under-fire Chancellor was a reported congratulated by guests on his mini-Budget while at the west London home of a rich Tory donor, according a report in The Sunday Times

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