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The Latest Breaking News from Kwasi Kwarteng

Ofgem to investigate Drax compliance with biomass reporting rules

Regulator expected to examine whether sustainability reports on sourcing of wood pellets meet renewables subsidy criteria

The Guardian - UK

Liz Truss ‘planning knighthoods and other awards for up to dozen allies’

Supporters who helped orchestrate former prime minister’s leadership bid reportedly among those put forward

The Independent UK

Kwasi Kwarteng STILL not sorry for Budget misery he caused - as he's 'looking forward'

Mr Kwarteng, who was sacked by Liz Truss as she desperately tried to stay in Downing Street in October last year, sparked chaos by announcing a wave of tax cuts which spooked the markets.

Daily Mirror

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Kwasi Kwarteng again refuses to apologise over economic turmoil

The former chancellor said he was ‘not in the business of forgiveness’

The Independent UK

UK mortgage predictions: where will rates go next?

Mortgage rates are rising again and products are being pulled from the market amid higher-than-expected inflation figures.

The Week

The anti-fraud Tories? You couldn’t make it up…

Rishi Sunak’s war on fraudsters might as well have been announced with an animation of a cartoon fox advising us on how to protect chickens

The Guardian - UK

Pound climbs to highest level against dollar in almost a year

Sterling rose to $1.26 this morning – its greatest recovery since late May 2022.

The Independent UK

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Keir Starmer skewers Rishi Sunak over pool heating bills as 2 MILLION face mortgage misery

Floundering Rishi Sunak came under fire over the impact of Kwasi Kwarteng's disastrous economic meddling last year, with 850,000 paying higher mortgage rates and a further 930,000 facing the same fate by the end of the year

Daily Mirror

Understanding of Civil Service impartiality has ‘corroded’, says former mandarin

A panel of former senior civil servants criticised Kwasi Kwarteng’s dismissal of the top Treasury official at the start of his time as chancellor.

The Independent UK

Truss and Kwarteng sacking of top civil servants ‘damaged government’

Instant removal of Treasury’s permanent secretary potentially worsened mini-budget crisis, parliamentary committee hears

The Guardian - UK

Crack-Up Capitalism by Quinn Slobodian review – the economic anarchy of Liz Truss’s dreams

This timely and important study of investment zones exposes the limitations of the experiments favoured by free-market fanatics

The Guardian - UK

Kwasi Kwarteng ‘hasn’t ruled out’ return to cabinet despite crashing economy with mini-Budget

Former chancellor said it was a ‘great privilege’ to serve in government as he keeps the door open for a return

The Independent UK

Are there brighter prospects than at the last IMF meetings? Only just

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

The Guardian - UK

There’s still hope yet for struggling historic TV studio, say staff

“Theatre will always prevail,” says the director of Riverside Studios

Evening Standard

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Daily Mirror

'Matt Hancock and Kwasi Kwarteng have fancied themselves as prime minister - priceless'

If these lawmakers haven't the gumption to spot when they’re being taken for a ride by a gang of lads who meet in a London pub, they’re not fit to hold public office

The Guardian - UK

Bank of England calls for tougher pension scheme rules after crisis

Bank wants to avoid repeat of situation that followed Kwasi Kwarteng’s calamitous mini-budget

Evening Standard

OPINION - Anti-social behaviour is a blight, but these Tory ‘plans’ aren’t serious

Rishi Sunak is on a mission to crack down on anti-social behaviour. He outlined tough plans to tackle those annoying, nuisance beggars — always on the scrounge, desperate for money. But that’s enough about Matt Hancock and Kwasi Kwarteng… who this week got royally stung by Led By Donkeys as…

The Guardian - UK

Whatchamacallit breaks all the rules

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Manchester Evening News

The Mancunian Way: My rate? £6k a day

How is GMP rooting out bad apples? PLUS Sir Graham Brady caught in sting AND Piccadilly to Old Oak Common

The Independent UK

Current rules ‘strike right balance’, says No 10, after MPs duped by fake firm

One minister acknowledged that the videos, released by campaign group Led By Donkeys, were ‘pretty unedifying’ even if no rules were broken,

Evening Standard

Phoebe Waller-Bridge explains why she avoids the ‘madness’ of social media

It ‘fetishises’ getting friends, likes and followers, she says

The Independent UK

Minister ‘wouldn’t pay Matt Hancock £10,000 a day’ after MP caught in fake company sting

Led By Donkeys interviews ‘unedifying’, says Tory as Kwasi Kwarteng and Matt Hancock among those duped

Evening Standard

Michael Gove speaks out after MPs Matt Hancock and Kwasi Kwarteng caught up in ‘MPs for hire’ sting operation

The former Tory ministers offered their services to a bogus Korean firm in exchange for £10,000 a day

Evening Standard

‘Extremely unedifying’: Minister slams Tory colleagues caught in sting

A minister has described videos of Conservative MPs caught in a sting asking to be paid up to £10,000 a day to work for a fake consulting firm as “extremely unedifying”.

The Independent UK

Kwasi Kwarteng offered to help fake Korean firm secure Boris Johnson meeting

The former chancellor told the bogus outfit he could ‘try and arrange’ a face-to-face meeting with the former prime minister.

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