The Latest Breaking News from Liz Truss

Chancellor Jeremy Hunt tore up the Energy Price Guarantee after six months, stalled Income Tax at 20p and thrown most of the mini-Budget out of the window.

The PM is teetering on the brink of annihilation after sacking Kwasi Kwarteng as Chancellor and ripping up key parts of her economic agenda. We list all the MPs calling publicly for her to quit

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago.

Chancellor’s race to ‘save’ economy in emergency statement

The chancellor has announced mini-budget repair measures – here are the main points, with political analysis

There two key important measures that have been left untouched by the Chancellors wave of U-turns

Britain's political and economic turmoil has been greeted with thinly veiled satisfaction among pro-European and leftist politicians abroad, with some commentators drawing parallels to chaotic Italy.

The Prime Minister is facing calls from inside her party to step down

The First Minister tweeted in response to the new Chancellor’s emergency announcement.

The Conservative Party is now treating the office of Prime Minister like a game of pinata at a children’s party. One child after another comes up to the package and smashes it with a stick. Eventually, every child gets a go. Little more than a month after the party made…

Jeremy Hunt axed a series of tax cuts on Monday and signalled the energy support package will be more targeted next year as he raced to save Britain from more economic mayhem. In an emergency statement, the new Chancellor ripped up large parts of the “Kamikwasi” mini-budget with a blitz…