The Latest Breaking News from Liz Truss

When times are hard, people become risk-averse. Is that why the Sky News audience of Tory members chose the former chancellor over Liz Truss, says Guardian columnist Gaby Hinsliff

The two Tory leadership hopefuls took part in Sky News’ The Battle For Number 10.

Liz Truss, front-runner to be Britain's next prime minister, will set out her economic plans to finance sector officials on Friday, including scrapping legacy EU laws by the end of 2023.Foreign Minister Truss is up against former finance minister Rishi Sunak to win the votes of 200,000 members of the…

Prime ministerial hopeful Liz Truss believes her economic plan ‘will put money back into the pockets of hard-working people’.

Real leaders would protect low and middle-income homes with Covid-style £20 a-week Universal Credit awards, inflation-matching pay rises and radical measures to cool fuel bills

Prime Minister Boris Johnson is reportedly on honeymoon in Slovenia while Chancellor Nadhim Zahawi enjoys a family break while families around the country are worried about how they'll pay their bills

Tory leadership rivals disagree on how to turn economy around and avoid predicted downturn in Sky news debate

British foreign minister Liz Truss clashed over the future of the economy with former finance minister Rishi Sunak on Thursday as the two contenders to be Britain's next prime minister debated the Bank of England's warnings of a long recession.

Rival insists shrinking economy is not ‘inevitable’

The shocking assessment of the economy has reset the backdrop for the Conservative leadership contest

Challenged over whether his wealth made him difficult for the public to relate to, Mr Sunak responded: "I think people judge people by their character rather than their bank account"