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The Latest Breaking News from Liz Truss

A sombre start at Tory Conference first night parties

Parties on the first night of Tory conference were more muted than in previous years.

Evening Standard

Martin Lewis pans 'nonsense’ UK Government tweet on tax cuts

FINANCE expert Martin Lewis has slammed a UK Government tweet which claimed first time buyers in London could save over £12,000 as “nonsense”.

The National (Scotland)

Truss U-turned on tax cuts for the super-rich – now she can axe the rest of her disastrous budget

If the PM and Kwasi Kwarteng want to stem public fury, they must go further, says Guardian columnist Simon Jenkins

The Guardian - UK

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Tory rebel Grant Shapps says Liz Truss has admitted that she rushed into tax cut

Tory rebel Grant Shapps insisted on Monday that he did not want Liz Truss to be toppled as Prime Minister after the humiliating U-turn over the top rate of tax.

Evening Standard

Tory Penny Mordaunt says 'our comms is s***' and can't promise Truss will last two years

Penny Mordaunt earned the dubious honour of being the last minister to publicly defend Liz Truss's tax cuts for the rich - saying 'our policies are great, but our comms is s***!'

Daily Mirror

Is Scotland’s media ready for the next independence referendum?

Amid some of the most challenging political and economic circumstances for decades, another even greater disruption to people in one part of the UK could be upon us soon. Liz Truss may have dismissed Scotland’s democratically elected leader as an “attention seeker”, but Nicola Sturgeon continues to claim she is…

The Conversation

Pro-Tory blog founder says Liz Truss's leadership could be 'doomed'

THE founder of a pro-Tory blog has said Liz Truss’s leadership is “doomed” if she does not “correct course” as he tore into the UK…

The National (Scotland)

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Kwarteng’s tax U-turn was inevitable – and he has already done damage

Chancellor’s reversal shattered his reputation and did unnecessary harm to an already weak UK economy

The Guardian - UK

Why has Russia invaded Ukraine and what does Putin want?

Vladimir Putin’s military assault has been raging for months killing thousands of Ukrainians and destroying the country

The Independent UK

'He has to go': Scottish Greens and SNP slam Chancellor's dramatic U-turn

THE Scottish Greens have said that Chancellor Kwasi Kwarteng “has no option but to go” following a U-turn on his plan to scrap the 45p tax rate…

The National (Scotland)

Dad-of-eight with pregnant cancer-stricken wife gives up hot dinners to pay bills

Mark Skelly's income is set to fall by 30% while the cost of living continues to rise as he takes time off work to care for his pregnant wife who is suffering with breast cancer.

Daily Record

All the times Truss and Kwarteng said they wouldn't U-turn on tax cut as credibility shot

We've rounded up 16 times in just over a week that Liz Truss and Kwasi Kwarteng beat the drum for their 45p Income Tax rate cut for the rich

Daily Mirror

UK scraps tax cut for wealthy that sparked market turmoil

The British government has dropped plans to cut income tax for top earners

The Independent UK

Truss economic plans remain ‘unsustainable’ despite humiliating U-turn on 45p tax rate

Reverse on giveaway to highest earners is ‘trivial’ in economic terms

The Independent UK

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Daily Record

Nicola Sturgeon accuses Tories of 'utter ineptitude' after Liz Truss u-turn on top tax rate

The U-turn was confirmed at 8am despite Liz Truss declaring yesterday she would not change her party's controversial economic policies.

The Guardian - UK

Tax U-turn wins Truss some time but damage to credibility remains

PM said she was prepared to make unpopular decisions – but then buckled, so now she will be seen as both unpopular and wrong

Daily Record

Tory MP says UK will only be in economic crisis when 'Wetherspoons is empty'

Lee Anderson made the bold claims in a searing rant to young Conservative party members, adding that food banks are only set up by "do-gooders" who want to "make themselves feel good."

Daily Mirror

Kwasi Kwarteng statement in full on tax cuts U-turn as he refuses to resign

Mr Kwarteng and Liz Truss finally relented to growing pressure after Tory MPs broke ranks over the 45% rate cut for the UK's highest owners, with the Chancellor saying: "We get it, and we have listened"

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Daily Record

State Pension to increase in line with inflation next April but other DWP benefits still to be confirmed

DWP boss Chloe Smith will make a determination on the benefit uprating this autumn.

Al Jazeera

UK government makes tax cut U-turn after market turmoil

Chancellor Kwasi Kwarteng says controversial proposal to slash top rate of income tax had ‘become a distraction’.

Daily Record

Douglas Ross tells Scots Holyrood should have no more powers from Westminster

Ross has criticised Labour for wanting to enhance the Scottish Parliament's responsibilities

The Independent UK

Jacob Rees-Mogg to tear up workers’ rights in smaller firms to make economy ‘dynamic’

Threshold for exemption from regulations lifted from 50 to 500 workers – and to include EU ‘retained law’

Manchester Evening News

“What an absolute s***show": Voters react to government after income tax U-turn

Chancellor Kwasi Kwarteng has confirmed that the cut in the 45p rate of income tax won't go ahead

The Independent UK

What does inflation mean for you?

Cost of living crisis continues to bite as energy bills, fuel and food prices climb

Axios

U.K. government reverses tax cut plans for highest earners after outcry

"We get it, and we have listened," Chancellor Kwasi Kwarteng said.

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