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The Latest Breaking News from Kwasi Kwarteng

Looming D-Day announced for Truss mini-Budget after crunch 48-minute meeting with experts

The Office for Budget Responsibility (OBR) will deliver a forecast to the Chancellor next week after emergency talks with Liz Truss and Kwasi Kwarteng in Downing Street - but it won't be published until November

Daily Mirror

UK fiscal watchdog to release analysis of tax-cutting plan

The U.K.’s Office of Budget Responsibility says it will deliver an initial analysis of the government’s economic plan on Oct. 7 following a meeting Friday with Prime Minister Liz Truss

The Independent UK

Watchdog to deliver verdict on budget next week but Kwarteng won’t publish it

Chancellor sticks to guns by refusing to release OBR analysis on ‘impact’ of tax-slashing package until November

The Independent UK

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Thousands face £10k mortgage blow in London

Warning as Prime Minister and Kwasi Kwarteng held OBR talks

Evening Standard

Top Tory bizarrely claims mini-Budget 'so detailed' it couldn't be assessed by watchdog

Treasury Minister Andrew Griffith suggested the Office for Budget Responsibility would have struggled to get through the 40-page document in time - directly contradicting the watchdog

Daily Mirror

Truss made clear her intention to cut taxes during leadership bid, says minister

The UK Government has spent this week grappling with the economic and political fallout from announcements in the mini-budget.

The Independent UK

Treasury minister claims OBR could not have assessed mini-budget in time

Andrew Griffith contradicts finance watchdog, saying plans too ‘chunky’ to assess before publication

The Guardian - UK

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How Kwasi Kwarteng’s budget damaged the economy and what will happen now

Policy Correspondent Jon Stone unpacks how unfunded tax cuts pulled the rug out from under the UK economy

The Independent UK

PM and Chancellor to meet budget watchdog boss as market turmoil continues

THE embattled Prime Minister and her Chancellor will meet with the head of the Office of Budget Responsibility on Friday, in the latest effort by…

The National (Scotland)

Scots Tory secretary claims Liz Truss's tax cuts are 'small' as he takes swipe at the BBC

Since the Chancellor's mini budget on Friday the economy has tanked due to the unfunded tax cuts which run into the tens of billions.

Daily Record

When does the Government summer recess end? MPs set to return to work

MPs’ parliamentary business will soon end until September, but this is often not a long holiday and involves other business

Evening Standard

Liz Truss to hold emergency talks with budget watchdog amid market turmoil

The Prime Minister and the Chancellor will meet with the head of the Office of Budget Responsibility today

Manchester Evening News

Treasury to delay publishing OBR forecast by six weeks after 7 October delivery – as it happened

Budget watchdog to give assessment of fiscal plans next week but public will have to wait until chancellor’s November statement

The Guardian - UK

The week that was for Prime Minister Liz Truss and the UK economy

The UK's economy is in dire straits just three weeks after Prime Minister Liz Truss took up the top job. But it was last Friday's so-called "mini-budget" which has led to a mega drama.

ABC News

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The National (Scotland)

Liz Truss plots to reduce benefits to help fund tax cuts for the rich

THE Tory government is set to cut benefits in real terms in order to fund tax cuts for the rich, according to reports.

Wales Online

Truss faces general election debate as petition hits 145,000 signatures

Labour surges ahead with a 33-point lead over Tories. This means Labour would win by a landslide if a general election was called tomorrow.

Daily Record

Tory minister laughed at during TV debate as he attempts to defend Liz Truss

Paul Scully was laughed at during BBC's Question Time on Thursday evening when an audience member asked about the current economic crisis following the Chancellor's fiscal statement last Friday.

Wales Online

Universal Credit and other DWP benefits face real-terms cut next year

Experts say the move will cost the average family £1,000 a year

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The National (Scotland)

BBC veteran David Dimbleby hits out at Tory 'sh**storm' in rare on-air expletive

VETERAN broadcaster David Dimbleby made a rare outspoken remark while on air as he discussed the UK’s economic turmoil of recent days with…

Evening Standard

FTSE 100 Live: Pound tanks after Kwarteng meets with OBR

The pound fell 1.5% against the dollar to $1.10 after Liz Truss and Kwasi Kwarteng met with the head of the UK’s Budget watchdog, Richard Hughes.

The Guardian - UK

Pound falls after UK’s fiscal watchdog meets Liz Truss and Kwasi Kwarteng – as it happened

Pound trading 0.4% lower at $1.1066 following OBR meeting with UK PM and chancellor; economy grew in second quarter but ‘continues to slow’

Evening Standard

Liz Truss and Kwasi Kwarteng promise to work ‘closely’ with OBR after meeting amid market turmoil

The Prime Minister and Chancellor will “work closely” with the Office for Budget Responsibility in the coming weeks, the Treasury said

The Guardian - UK

Friday briefing: What’s driving the investors who stopped seeing the UK as a safe bet

In today’s newsletter: why did the market react so poorly to the government’s package of tax cuts? And what does that mean for the future? Nils Pratley – and an anonymous banker – explain

Daily Mirror

Veteran broadcaster David Dimbleby blasts Tory tax cuts with rare on-air expletive

Veteran broadcaster David Dimbleby retired as Question Time host in 2018 but appeared on the BBC's Newscast podcast to label the Government's mini-budget 'a complete s**tstorm'

The Independent UK

Pound – live: Government’s energy bill cap at £2,500 comes into effect

Liz Truss tells public to expect economic ‘disruption in the short term’

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