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The Latest Breaking News from Kwasi Kwarteng

Government may consider benefits cut to help fund tax breaks for rich, economists warn

Huge ‘unforced error’ set to push Britain back to George Osborne-era cuts, says think tank

The Independent UK

'That isn’t me': Kwasi Kwarteng points out media outlet's image error

CHANCELLOR Kwasi Kwarteng has highlighted an error from one UK media outlet after it posted a photo of a prominent black economist labelled as him.

The National (Scotland)

Devolved nations demand meeting with Kwasi Kwarteng over austerity fears

Scotland, Wales and Northern Ireland ministers warn ‘huge gamble’ on tax breaks could mean major spending cuts

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

People thought Corbyn and I would crash the pound. The real risk was Truss and her fanatics

We knew the markets would react sharply to us and were prepared for that. These free-market zealots had no plan at all, says former shadow chancellor John McDonnell

The Guardian - UK

Energy bills to be burned in nationwide cost of living protests

Protests to take place from Plymouth to Glasgow as energy price cap is lifted

The Independent UK

Government wants to cut ‘very large welfare state’, says Truss cabinet ally

Britons living in ‘fools’ paradise’ with state ‘extremely large’, says levelling up secretary

The Independent UK

Trickle-down Truss is carrying on the dirty work of Thatcher, Blair and Osborne

Britain has endured 40 years of decline thanks to this faulty economic theory. Will Keir Starmer finally kill it off?, says Yanis Varoufakis, leader of MeRA25 in Greece’s parliament

The Guardian - UK

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Liz Truss admits UK faces economic ‘disruption’ because of mini-Budget

Doing things differently means ‘disruption in short term’, says PM

The Independent UK

‘She needs a reset moment’: Team Truss hopes to regain control at conference

With the country in uproar, PM attempts to win confidence of Tory MPs but many will simply stay away

The Guardian - UK

Kwasi Kwarteng: We had no choice but to do something different with economy

Liz Truss has admitted the Government caused ‘disruption’ to the markets, but insisted they were right to act

Evening Standard

Kwarteng insists he had ‘no other choice’ but to do something different with economy

Chancellor’s comments come as Liz Truss admits government caused ‘disruption’ of markets

The Independent UK

Minister says Liz Truss ‘enjoying’ new policy direction and welfare cuts are needed – as it happened

Levelling up secretary Simon Clarke says PM is ‘astonishingly resilient’ and will continue to do what ‘she believes is right’

The Guardian - UK

Kwasi Kwarteng says he had to do 'something different' after causing budget chaos

The Chancellor Kwasi Kwarteng has defended his mini-budget that sent the financial markets into a spin by saying he was left with "no other choice" and needed to do "something different"

Daily Mirror

‘Cruel and greedy’: high earners on Kwasi Kwarteng ditching top tax rate

Seven people in 45% tax bracket that chancellor is abolishing share how they feel about decision

The Guardian - UK

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The Independent UK

We had no choice but to do something different with economy, says Kwarteng

Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act.

inkl Originals

The Weekly Wrap for Saturday, 1 October 2022

Honest and timely feedback is crucial when someone is starting a new role. This is true of any organisation: No. 10 Downing Street included . It's been 24 days since the investiture of Liz Truss as Prime Minister of the United Kingdom. How's she doing?

The Independent UK

Lamborghini Huracan Evo Spyder: Obviously you’re going to enjoy driving the thing

On the road, all I can say is that it’s the kind of car you don’t really want to get out of. I’d move in, if I could afford it, writes Sean O'Grady

The Guardian - UK

Truss admits mini-budget caused disruption, but says there is ‘clear plan’

‘Not everyone will like what we are doing’, PM says of tax cut pledges but says she is determined to see them through

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news in one place.

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Daily Mirror

'Pensioners beware, expect the Tory's triple lock to hit the poorest in society'

Paul Routledge says don't fall for more of their lies, the Conservatives are desperate to get shot of the triple lock for good

Wales Online

Truss concedes that £45bn mini-budget tax cuts caused ‘disruption'

'I recognise there has been disruption but it was really, really important we were able to get help to families as soon as possible'

The Independent UK

Kwasi Kwarteng to keep expert OBR Budget verdict secret for nearly two months

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

Financial Times

Inside the breakdown of the UK’s mortgage machine

Market turmoil sparked by mini-budget saw banks scrambling and 1,688 home loans pulled from shelves

The Independent UK

Truss admits £45bn mini-budget tax cuts did cause ‘disruption’

The Prime Minister insisted Chancellor Kwasi Kwarteng was right to act to get the economy moving.

The National (Scotland)

'Anyone paying attention' knew Liz Truss planned tax cuts, Alister Jack says

ONE of Liz Truss’s ministers has said “anyone paying attention” to the Tory leadership election would know she had planned to cut taxes.

The Guardian - US

How Liz Truss plunged the UK to the brink of recession in just one month

The new prime minister began September promising a ‘new era’ for Britain. One economic crisis later, she has delivered

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