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The Latest Breaking News from Kwasi Kwarteng

Why has the pound hit a record low?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

The Independent UK

John Swinney: Scottish Government to 'reflect carefully' on Chancellor's tax cuts

John Swinney said the Chancellor's tax cuts will have "significant" consequences

The National (Scotland)

"We won't forget this": Sacha Lord hits out at Chancellor Kwasi Kwarteng over lack of support for hospitality in mini-budget

Hospitality leaders said the plans did not address business rates or a VAT reduction needed to continue supporting high street businesses

Manchester Evening News

From analysis to the latest developments in health,
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Gary Neville says Liz Truss is ‘taking the Mickey’ over tax cuts for rich

Former England international to join Sir Keir Starmer at Labour Party conference

The Independent UK

EU warns UK not to break post-Brexit trade deal in drive for growth

Brussels has warned Britain not to break their post-Brexit trade deal by slashing regulation in its new drive for economic growth.

Evening Standard

Holidays, spending and benefits? What the pound hitting a record low means for Britons

Sterling plunged to a record low just days after Kwasi Kwarteng's mini-budget was set out

Manchester Evening News

Why is the pound dropping against the dollar and why is the dollar stronger?

The new rate marks the lowest the pound has been since decimalisation

Evening Standard

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GMB's Susanna Reid grills Tory MP on tax cuts for the wealthy in heated exchange

Good Morning Britain’s Susanna Reid and co-host Ed Balls spoke with Conservative MP Chloe Smith on the ITV programme

Daily Mirror

Pound falls to all-time low against US dollar as experts warn of cost-of-living impact

Experts warned the pound’s plunge towards parity with the dollar will send the cost of goods soaring even higher

The National (Scotland)

Labour says Kwasi Kwarteng 'fanned flames' for pound's fall with fresh tax cut hints

The pound plunged to an all-time low against the US dollar this morning amid hammered market confidence over the Government's economic plans

Daily Mirror

What a weak pound means for your money as Sterling hits all-time low against US dollar

The pound plunged by more than 4% to $1.0327 in early Asia trade today - its lowest level since the decimalisation of the currency in 1971 - but what does this mean for you?

Daily Mirror

Pound’s plummet underlines schoolboy error by Kwasi Kwarteng

Chancellor added to market worries by pledging further tax cuts in full budget planned for later this year

The Guardian - UK

Labour accuses Kwasi Kwarteng of ‘fanning flames’ of falling pound

Shadow chancellor Rachel Reeves accused the Government of recklessly gambling with the nation’s finances.

The Independent UK

Susanna Reid pulled up on hair comments during tax cuts interview on GMB

Co-host Ed Balls told Susanna Reid: "Good job I didn’t say that"

Liverpool Echo

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Evening Standard

Labour urges investigation into ‘leak’ of mini-Budget after hedge funds shorted the Pound

Calls come amid reports hedge fund bosses made ‘small fortunes’ by betting that Sterling would fall

France 24

British pound hits record low against US dollar, prompting recession fears

The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.

Wales Online

Pound hits record low against the US dollar as markets lose faith in UK government

In early Asia trade, sterling fell close to $1.03 before regaining some ground and stood at $1.06 on Monday morning (September 26), UK time

Daily Mirror

When do I need to submit an energy meter reading by? Everything you need to know

The energy price cap will come into effect next week, but households are being urged to take their meter readings the day before - or they may be overcharged

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The Independent UK

Liz Truss and Kwarteng accused of ‘gambling with public’s money’ as pound plummets

Chancellor ‘fanned the flames’ for pound’s fall with hint of further unfunded tax cuts, says Labour

The Guardian - UK

Labour conference votes to put pledge to introduce proportional representation in manifesto despite Starmer ruling it out – as it happened

Loud cheering as motion on PR is carried even though Labour leader says he will ignore vote.

The Guardian - UK

Truss and Kwarteng like ‘gamblers in a casino’, says Labour as pound hits record low

Shadow chancellor decries government’s economic plans as ‘reckless, irresponsible and unfair’

The Independent UK

Tax cut plans pull British pound to 4 decade lows

The British pound has resumed a slide that picked up pace last week after the U.K.’s new government outlined plans to cut taxes and boost spending

Manchester Evening News

Pound hits all-time low as fallout from Kwasi Kwarteng's 'mini-budget' continues

The Chancellor has hinted at more tax cuts to come

Manchester Evening News

National Trust boss slams new government Investment Zones 'abandoning' nature

“The Trust will always defend protections for nature and heritage, and we will respond in full to any proposals.

The Independent UK

Pound recovering after hitting all-time low against the dollar

Sterling plunged to its lowest level against the US dollar - at just over $1.03 - since decimalisation in 1971

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