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The Latest Breaking News from Kwasi Kwarteng

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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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.

The National (Scotland)

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.

Wales Online

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.

Daily Record

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

Wales Online

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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…

The National (Scotland)

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.

Evening Standard

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’

The Guardian - UK

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

Evening Standard

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

The Guardian - UK

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'

Daily Mirror

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’

The Independent UK

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The Guardian - UK

Early Liz Truss comments on scrapping benefits stoke fears of further cuts

Proposals from 1995 condemning ‘recycling’ of taxpayers’ money add to concerns for universal credit increase

The Guardian - UK

Near the Greenwich pub where the mini-budget was born, Londoners share their fears

Citizens already describe feeling depressed, furious and highly anxious about the future

Chronicle Live

'Massive risk' to Newcastle Council finances amid economic chaos unleashed by government's huge tax cuts

The council was already expecting to see its costs jump by more than £30m next year, before the market chaos of recent days sparked by Chancellor's mini-budget

Wales Online

David Dimbleby criticises tax cuts with rare on-air expletive

The former Question Time host was discussing the UK’s economic turmoil

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Wales Online

Landlords urge Chancellor to adopt private rented sector cost of living plan

Kwasi Kwarteng told to act as 'a matter of urgency' to help alleviate financial worries

The Independent UK

What the papers say – September 30

‘Fiscal chaos’ amid Liz Truss’ troubled premiership features on most of the front pages

The Independent UK

Truss to attend European Political Community meeting despite criticism of it

It comes as new mini-Budget causes political and financial turmoil

Evening Standard

Kwasi Kwarteng and Liz Truss to meet OBR chief amid UK market turmoil

Liz Truss and Kwasi Kwarteng due to meet with the head of the Office of Budget Responsibility on Friday - after days of market turmoil following Friday’s mini-budget.

Daily Mirror

Liz Truss holds emergency talks with budget watchdog after failing to calm markets

Liz Truss was due to hold emergency talks with the Office for Budget Responsibility today as the Government scrambles to calm market panic in the wake of the disastrous mini-Budget

Wales Online

Truss and Kwarteng to hold crunch talks with OBR amid market turmoil

Treasury and Downing Street sources deny suggestions it will be an emergency meeting

Daily Mirror

'My university nemesis Liz Truss - her priority was attacking role of Women’s Officer'

She thrived on controversy – and could pick a fight with herself if no one else was available. Under fire, she had the same emotional detachment with which she ploughed through yesterday morning’s local radio round

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