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The Latest Breaking News from Kwasi Kwarteng

MP hits out at 'embarrassing' Prime Minister after Labour's poll lead surge

Some polls have given the party a 30 point lead plus over the Conservatives

Chronicle Live

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

The Guardian - UK

The Guardian view on Tory shock therapy: the wrong medicine for the country

Editorial: Liz Truss’s policies have put the Tories behind Labour by 30 points. Without reversing course she will be in office but not in power

The Guardian - UK

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Truss should resign as UK prime minister, more than half of Brits say

More than half of Britons think Liz Truss should quit as UK premier, according to a YouGov poll that adds to her woes less than a month into the job.

Tribune News Service

Keir Starmer can lock the imploding Tories out for a decade – if he gets the message right

Labour has a brief window to sear a narrative into the public’s mind, so the Conservatives are saddled with this crisis for years, says Guardian columnist Jonathan Freedland

The Guardian - UK

Three reasons a weak pound is bad news for the environment

The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains…

The Conversation

Liz Truss to push ahead with unlimited ‘investment zones’ despite costs row

Exclusive: Concerns about not capping number of areas allowed to get favourable tax and planning treatment

The Guardian - UK

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Government's energy bill support will 'only marginally' help households

Nottingham experts have had their say on a raft of government policies

Nottingham Post

Kwasi Kwarteng's old boss is making a fortune betting on falling pound

Crispin Odey described his bets against government debt as "the gifts that keep on giving"

Wales Online

How Kwasi Kwarteng’s budget-busting growth plan turned into week from hell

Tories head to conference with rocketing mortgage rates, a sterling crash and a 33-point poll lead for Labour

The Guardian - UK

A new series immerses us in Russia’s 90s trauma – and the human cost of economic shock

Adam Curtis’s BBC project, TraumaZone, show us extraordinary events though the eyes of ordinary people, and how ideologues betrayed them, says Guardian columnist Marina Hyde

The Guardian - UK

‘The UK seems to have imploded’: how world’s press sees Truss’s Britain

Post-Brexit schadenfreude in Europe and warnings from US that new PM is ‘making UK look like Argentina’

The Guardian - UK

Trust me, UK's Truss pursues charm offensive at her party conference

British Prime Minister Liz Truss heads to her Conservative Party conference next week with a packed diary of "meet and greets" to try to win over lawmakers angry over an economic plan that triggered market chaos and badly eroded support.

Reuters

Liz Truss: are the Conservatives facing an electoral meltdown?

The Conservative party is heading into its annual conference amid the catastrophic fallout from Chancellor Kwasi Kwarteng’s mini-budget. The decision to cut tax without a plan to pay for it caused a sharp fall in the value of the pound on currency markets, which reached an all-time low against the…

The Conversation

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The National (Scotland)

Top EU political scientist: Scottish independence case 'never looked stronger'

THE case for Scottish independence has “never looked stronger” than now, an international politics expert has said.

The National (Scotland)

'Out of his depth': Kwarteng urged to quit as Chancellor after destroying economy

CHANCELLOR Kwasi Kwarteng is being urged to quit after taking a “wrecking ball” to the UK’s finances.

Daily Record

Liz Truss and Kwasi Kwarteng have caused panic but markets WILL recover, top mortgage advisor claims

Andrew Lindsay admits his phone is red hot with clients worried by the panic in the markets.

Daily Record

SNP demands Kwasi Kwarteng resigns as Chancellor following reports benefits will be frozen

Ian Blackford claimed that Tory economic policies would leave "millions of families across the UK in deep distress".

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The Guardian - UK

How Kwasi Kwarteng’s mini-budget hit UK economy – in numbers

Reckless ‘fiscal event’ may have damaged Liz Truss’s government beyond repair

Manchester Evening News

Looming D-Day announced for Truss mini-Budget as OBR reveal forecast date

The PM has been under pressure to make a U-turn on the tax-cutting mini-budget policies announced on Friday

The Independent UK

French government ‘worried about Britain’, Macron’s finance minister says

Bruno Le Maire is the French opposite number to chancellor Kwasi Kwarteng

Daily Mirror

Should Liz Truss sack Kwasi Kwarteng for his mini-budget of economic chaos? Have your say

Chancellor Kwasi Kwarteng, in one of his first measures in office, managed to tank British Sterling and make the costs of everyone's mortgages skyrocket. Should Liz Truss sack her Chancellor?

The National (Scotland)

Alister Jack attacks BBC for 'taking it too far' after saying pound is 'tanking'

ALISTER Jack claimed the pound was not “tanking” but the BBC was simply taking things “too far” in a car crash interview on Friday morning.

Evening Standard

Emily Sheffield: Voters are unlikely to forget Liz Truss’s gamble with Britain’s economy

“Are you ashamed of what you’ve done?” This was just one of many barbed questions the Prime Minster had to face down yesterday in a painful round of regional BBC interviews. This was planned to persuade the country and allay fears. Instead, it was a car crash. Anxiety in the…

Wales Online

First-time buyer can't afford house after mortgage offer soars to 10.5% in matter of days

There has been a sharp rise in mortgage costs as interest rates soar

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