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The Latest Breaking News from Kwasi Kwarteng

BoE's Bailey rebuffs talk of less central bank independence in UK

Bank of England Governor Andrew Bailey pushed back at suggestions by the front-runner to become Britain's next prime minister Liz Truss and her supporters that the government should have a bigger role in how the central bank operates.

Reuters

Kwasi Kwarteng says 'AWOL' PM 'on top of' economic crisis and argues 'I’m here, in a suit'

Business Secretary Kwasi Kwarteng claimed holidaying Boris Johnson and Chancellor Nadhim Zahawi were 'completely on top of what's happening' after Bank of England issued dire warnings

Daily Mirror

No emergency cost of living help for at least a month, says minister

Business secretary Kwasi Kwarteng says support will not be introduced until ministers return to work

The Guardian - UK

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Energy bill support scheme: How to claim £400 discount as government reveals instalment plan

The business and energy secretary announced details amid criticism that the government isn’t doing enough to help struggling households

The Independent UK

£400 in energy bill discounts offered to households in instalments

The support will be issued in six instalments over six months to some 29 million households.

The Independent UK

UK blasted over 'incomprehensible' lack of clarity on major carbon capture funding

THE UK Government has been blasted for an "incomprehensible" lack of clarity over the timeline of a major carbon capture project.

The National (Scotland)

Government funding confirmed for Britishvolt Northumberland plant

Funding thought to be around £100m was first announced in January and has now been confirmed

Birmingham Post

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Rishi Sunak warned plan to cut VAT on energy bills could move UK in 'wrong direction'

Last night the former Chancellor announced plans to scrap the 5% charge from October if the energy price cap tops £3,000 - prompting critics to accuse him of flip-flopping

Daily Mirror

I’ll make streets safe for women, vows Liz Truss

Exclusive: Foreign Secretary sets out her vision on crime as new war of words rages over tax cuts

Evening Standard

Rishi Sunak’s plan to cut VAT on energy bills a screeching U-turn, says Kwarteng

Business secretary, a supporter of Liz Truss, says former chancellor has ‘come late to the party’ on tax cuts

The Guardian - UK

Sunak accused of ‘flip-flopping’ on tax after pledge to cut VAT on energy bills

The Tory leadership hopeful was accused of proposing an unfunded tax reduction after saying tax cuts were a fairy tale.

The Independent UK

Who could be in the next cabinet under Rishi Sunak or Liz Truss?

These are some of the figures tipped to be part of the two candidates’ top teams

The Guardian - UK

Pensana build begins as Business Secretary aims to ensure UK critical mineral supply for EV and wind markets

'Independent sovereign capability' sought as strategy launches alongside ground-breaking for Humber facility to supply materials to electric vehicle and offshore wind markets

Birmingham Post

Business Secretary Kwasi Kwarteng on why he is backing Liz Truss as next PM

Need to cut taxes stressed by senior cabinet colleague who acknolwedges Rishi Sunak as a 'strong contender'

Birmingham Post

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The Independent UK

UK’s scientific policy ‘rudderless’ as government fails to appoint new science minister

‘The government has committed to making the UK a science superpower but the absence of a science minister means any conversations about realising that goal are at risk of stalling’

The National (Scotland)

Third minister in Boris Johnson's government dodges committee scrutiny

Kwasi Kwarteng was due to answer questions from the Environmental Audit Committee but pulled out - the third cabinet secretary to do so this month

The Independent UK

Business Secretary becomes latest minister to skip committee hearing

Kwasi Kwarteng pulled out of a session with the Environmental Audit Committee at short notice amid claims the Government is avoiding scrutiny.

The National (Scotland)

Energy secretary flown around Saudi Arabia by oil firm 'shows UK's hypocrisy'

Kwarteng was flown to various cities in the Saudi kingdom by majority state-owned oil firm Aramco

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Bristol Post

Flying taxis coming to Bristol Airport as part of major £9.5m trial

The trials could begin as soon as 2024

The Independent UK

Legal setback for government over net zero plan as Britain swelters in heatwave

Record temperatures expected as red alert issued for extreme heat

Daily Mirror

Liz Truss 'gets lost' trying to leave room after telling Tories she should be PM

The Foreign Secretary was spotted striding into a crowd before looking around in confusion for the exit, while three members of staff erupted into giggles by the doorway

Daily Mirror

Liz Truss says 'now is time' to 'deliver' despite being in Cabinet for 8 years

The Foreign Secretary enjoys the support of a number of Boris Johnson's allies including Kwasi Kwarteng and Culture Secretary Nadine Dorries.

The Guardian - UK

Liz Truss ‘ready to be PM’ as she tries to reboot flagging Tory leadership bid

Foreign secretary portrays herself as ‘ready to be PM from day one’ in clear dig at rival Penny Mordaunt

The Independent UK

Who is backing whom? Tory MPs offer support as six leadership hopefuls remain

More than 200 MPs have offered public support for a candidate.

The Independent UK

Who is backing who? Tory MPs offer support as six leadership hopefuls remain

More than 200 MPs have offered public support for a candidate.

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