The Latest Breaking News from Kwasi Kwarteng

Chancellor reportedly plans to lift the EU-imposed banker bonus cap as part of post-Brexit reforms; John Lewis says ‘uniquely uncertain’ outlook puts staff bonuses at risk

Chancellor Kwasi Kwarteng, who was one of Liz Truss's first appointments when she became Prime Minister last week, is weighing up abolishing a cap that means bosses cannot award more than double an employee's salary

Sir Tom Scholar’s dismissal marks a shift towards ministers seeking advice that aligns with their own views, Lord Kerslake said.

Editorial: The new chancellor is trying to wrongfoot Labour. That’s an easier game than living up to his pledges

Exclusive: Former head of civil service says move is ‘disgraceful’ and will have a ‘chilling effect’

The Prime Minister is set to lift the ban on fracking as soon as next week to make Britain energy independent by 2040. The 2019 Tory manifesto pledged not to do so unless it was scientifically proven to be safe amid concerns over earthquakes.

Sir Tom Scholar’s sacking shows Liz Truss wants to surround herself with ‘yes men’, says former civil service leader

Liz Truss's Chancellor Kwasi Kwarteng will deliver a 'fiscal event' this Friday - with tax cuts, freeports on steroids and the end of a bankers' bonus cap all on the cards

Parliament is currently suspended while political action is paused until an unspecified date after the Queen’s funeral on Monday

Chris Philp, who has responsibility for spending policy in relation to housing and planning, has stake in property finance company

Expected ‘sugar rush’ of tax cuts could knock growth off track by forcing up inflation and interest rates, economists warn