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The Latest Breaking News from Kwasi Kwarteng

Top UK earners: share your views on scrapping the 45p income tax rate

We’d like to hear from people in the UK who earn more than £150,000 about their views on the chancellor’s announcement

The Guardian - UK

Where is Liz Truss? PM 'missing' as UK descends into chaos after disastrous mini-budget

Liz Truss, who has not spoken in public for a week, is finally breaking cover on Friday morning after the Tories' disastrous mini-budget announcement spooked markets

Daily Mirror

What would happen if the IMF bailed out Britain?

Fund issues rare rebuke to UK warning against pursuing Kwasi Kwarteng’s tax-slashing agenda

The Independent UK

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

Government denies responsibility for market turmoil as pound slumps

Mini-Budget labelled ‘reckless and ideological disaster’ by some Conservatives

The Independent UK

Newcastle Building Society pulls all its mortgage deals after UK economy plunged into turmoil

Mortgage deals have been withdrawn at a record rate, while a North East business chief has warned it is 'increasingly difficult' for financial markets to regain trust in the UK economy

Chronicle Live

Economic storm tests UK's new leader, alarms Conservatives

Britain’s new Prime Minister Liz Truss is under pressure to reverse announced tax cuts that have triggered a financial crisis in an already struggling economy

The Independent UK

Divisions emerge in Tory party amid market chaos after 'inept' mini-budget

'There's a lot of concern within the parliamentary party, there's no doubt about that'

Wales Online

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Pension funds faced 'mass collapse' within hours if Bank of England hadn't stepped in

Pensions held with investment companies faced turmoil today as the Bank of England was forced to step in to prevent black holes in the accounts of many retirement savings firms

Daily Mirror

Don’t make NHS and public services pay the bill for tax cuts, Kwarteng told

‘Act of national vandalism’: Fears of five-year austerity spending freeze to reassure markets

The Independent UK

Britain returns to its unusual business after Queen Elizabeth's death

"Look at all them people who want to go in there," said a boy as he passed by the iron railings bordering a well-kempt bright green lawn in Parliament Square.

Radio France Internationale

Only a U-turn by the government or the Bank of England will calm UK financial markets

The Bank of England has promised to take action to calm the financial market mayhem that has followed the announcement of major tax cuts by the UK government.

The Conversation

Nine big changes to your finances coming in October

From tax to energy prices and cost of living payments, here's everything you need to know about the month ahead

Wales Online

Finance crisis - UK pension funds were on verge of being wiped out today by Kwasi Kwarteng budget

Reports have emerged that the Bank of England emergency intervention in the money markets was sparked by fears there would be an unprecedented run that would have left pension funds insolvent.

Daily Record

Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets

‘What the Government needs to do now is recall Parliament and abandon this budget’

Evening Standard

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The National (Scotland)

Is the UK economy already in recession?

THE Bank of England has been forced to step in following the collapse in the value of the pound after Chancellor Kwasi Kwarteng’s “mini…

Evening Standard

Liz Truss’s plans branded ‘inept madness’ amid Tory concerns over market chaos

Divisions are emerging in the Conservatives, after the Chancellor’s mini-budget prompted turmoil in the markets and talk of a financial crisis

Evening Standard

What is the IMF and what did it say about the Government’s fiscal plans?

The IMF claims the £45 billion-worth of tax cuts will likely increase inequality in the UK

The Independent UK

What are government bonds and how will the Bank of England use them to stabilise markets?

Threadneedle Street intervenes to buy up long-dated gilts and ‘restore orderly market conditions’

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The Independent UK

Starmer says he is ‘serious’ alternative to Truss with ‘common sense’ plans

Labour leader Sir Keir Starmer said it was time for a ‘serious prime minister’.

Evening Standard

Labour demands recall of Parliament after Kwarteng’s mini-budget triggers chaos

Labour leader Sir Keir Starmer said the Government should abandon the measures announced by Kwasi Kwarteng before more damage is done.

Bristol Post

#AttackOnNature wildlife protest taking place on Monday on College Green

Protestors will oppose the "attack on nature" inferred from Chancellor Kwasi Kwarteng's mini-budget

The Independent UK

Truss plans branded ‘inept madness’ amid Tory concerns over market chaos

Divisions are emerging in the Conservatives, after the Chancellor’s mini-budget prompted turmoil in the markets and talk of a financial crisis.

The Guardian - UK

Truss accused of hiding from budget chaos as No 10 resists recall of MPs

Opposition leaders urge PM and chancellor to take action over economic fallout and recall parliament

The Guardian - UK

Tories pile pressure on Truss and Kwarteng to reverse tax-cutting plan

MPs say financial measures have been disaster for Conservative party as pound tumbles again

Daily Mirror

Labour's plans for the economy explained as turmoil engulfs UK - and hits you

Labour has sought to cast itself as the party of 'sound money' as alarm mounts over the Chancellor's explosive mini-Budget

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