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The Latest Breaking News from Liz Truss

Kwasi Kwarteng says he had to do 'something different' after causing budget chaos

The Chancellor Kwasi Kwarteng has defended his mini-budget that sent the financial markets into a spin by saying he was left with "no other choice" and needed to do "something different"

Daily Mirror

We had no choice but to do something different with economy, says Kwarteng

Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act.

The Independent UK

Liz Truss unable to say whether autumn benefits rise will happen

The Prime Minister tells broadcasters that an announcement will be made in due course

Wales Online

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The Weekly Wrap for Saturday, 1 October 2022

Honest and timely feedback is crucial when someone is starting a new role. This is true of any organisation: No. 10 Downing Street included . It's been 24 days since the investiture of Liz Truss as Prime Minister of the United Kingdom. How's she doing?

inkl Originals

Truss admits mini-budget caused disruption, but says there is ‘clear plan’

‘Not everyone will like what we are doing’, PM says of tax cut pledges but says she is determined to see them through

The Guardian - UK

Liz Truss faces mutiny from Tory MPs after plans to snatch £1,000 from hard-up families

Tories yesterday said it would be 'untenable' and 'unconscionable' for ministers to go back on a promise to increase benefit payments in line with inflation next year

Daily Mirror

Truss concedes that £45bn mini-budget tax cuts caused ‘disruption'

'I recognise there has been disruption but it was really, really important we were able to get help to families as soon as possible'

Wales Online

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Tory MPs ‘may help Labour to bring down’ parts of Chancellor’s budget

Some MPs want to reinstate the 45p top rate of income tax

The Independent UK

Energy price cap comes into effect

Annual gas and electricity bills for the typical household will be held at £2,500.

The Independent UK

Kwasi Kwarteng to keep expert OBR Budget verdict secret for nearly two months

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

The Independent UK

Truss admits £45bn mini-budget tax cuts did cause ‘disruption’

The Prime Minister insisted Chancellor Kwasi Kwarteng was right to act to get the economy moving.

The Independent UK

'Anyone paying attention' knew Liz Truss planned tax cuts, Alister Jack says

ONE of Liz Truss’s ministers has said “anyone paying attention” to the Tory leadership election would know she had planned to cut taxes.

The National (Scotland)

How Liz Truss plunged the UK to the brink of recession in just one month

The new prime minister began September promising a ‘new era’ for Britain. One economic crisis later, she has delivered

The Guardian - US

MP hits out at 'embarrassing' Prime Minister after Labour's poll lead surge

Some polls have given the party a 30 point lead plus over the Conservatives

Chronicle Live

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The Guardian - UK

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

The Guardian - UK

The Guardian view on Tory shock therapy: the wrong medicine for the country

Editorial: Liz Truss’s policies have put the Tories behind Labour by 30 points. Without reversing course she will be in office but not in power

Tribune News Service

Truss should resign as UK prime minister, more than half of Brits say

More than half of Britons think Liz Truss should quit as UK premier, according to a YouGov poll that adds to her woes less than a month into the job.

Daily Mirror

More than half of voters say Liz Truss's economic plans will wreck the country

The exclusive Deltapoll survey for the Mirror shows just 27% support scrapping the cap on bankers’ bonuses and only 17% back abolishing the top rate on income tax.

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The Guardian - UK

Keir Starmer can lock the imploding Tories out for a decade – if he gets the message right

Labour has a brief window to sear a narrative into the public’s mind, so the Conservatives are saddled with this crisis for years, says Guardian columnist Jonathan Freedland

The Guardian - UK

Romance blooms as the Guardian plays Cupid

Brief letters: Love spreads | Naval commanders’ pay | Liz Truss’s signs of life | Strap-leaf anthurium

The Guardian - UK

Liz Truss to push ahead with unlimited ‘investment zones’ despite costs row

Exclusive: Concerns about not capping number of areas allowed to get favourable tax and planning treatment

The Independent UK

‘Good’ call between Cleverly and Sefcovic amid ongoing protocol row

The Foreign Secretary had his first call with the European Commission vice president.

The Independent UK

Russian ambassador summoned as Britain imposes new sanctions on Moscow

Liz Truss said the UK will never accept Russian President Vladimir Putin’s annexation of four Ukrainian regions.

Wales Online

More than half of public anticipating a Sir Keir Starmer-led Labour government

Only 18% of those polled in a new survey said they thought Liz Truss was doing a good job as PM

Manchester Evening News

Three things households should do today before energy prices are hiked again tomorrow

The government's energy price guarantee will take effect on October 1

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