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The Latest Breaking News from Liz Truss

Wealthiest 1% would get average tax cut of £1m if inheritance tax scrapped

According to an IFS report, the cost of abolishing inheritance tax would be £7bn

The Independent UK

Carmakers can drive the net zero transition

Brief letters: All-electric cars | The Truss era | Power of music | Better national anthems | Ending letters

The Guardian - UK

Johnny Mercer received £8,000 in taxpayer cash after sacking by Liz Truss

Cabinet Office report shows Tory minister, who was reappointed by Rishi Sunak, received money for loss of role

The Guardian - UK

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Lib Dems members rebuff leadership with vote to keep housebuilding targets

Overwhelming conference vote defies Ed Davey strategy of reshaping policy to court wavering Tory voters

The Guardian - UK

Rishi Sunak stays silent on inheritance tax slash speculation

Rishi Sunak declined to comment on speculation that he is drawing up plans to slash inheritance tax.

The National (Scotland)

TV tonight: Katherine Kelly stars in poignant drama about Peter Sutcliffe’s victims

The sensitive retelling shows how many of the women killed by Sutcliffe faced character assassination by press and police. Plus: the concluding part of Laura Kuenssberg’s excellent series. Here’s what to watch this evening

The Guardian - UK

Sunak ‘to cut inheritance tax’ in boon for Britain’s wealthiest – and wants to abolish it altogether

The state of the nation’s finances mean there is little prospect of a change in the near future.

The Independent UK

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Deny severance payouts to rule-breaking ministers – Lib Dems

Some who received payments last year returned to government within months, the party said.

The Independent UK

Government minister says inheritance tax is ‘deeply unfair’ as Sunak ‘plans to scrap’ levy

Rishi Sunak is said to be preparing to announce a cut in the levy – or even scrap it altogether

The Independent UK

Inheritance tax ‘punitive’ and ‘unfair’, says minister as Sunak mulls change

Grant Shapps said: ‘I just lost a parent and I can understand entirely why people find inheritance tax particularly punitive.’

The Independent UK

'Horrendous politics': Outrage as Rishi Sunak 'considers scrapping inheritance tax'

POLITICIANS and economists have reacted with outrage amid reports Rishi Sunak is drawing up plans to slash inheritance tax.

The National (Scotland)

Rishi Sunak ‘could slash inheritance tax’ in dramatic shake-up

The state of the nation’s finances mean there is little prospect of a change in the near future.

Evening Standard

Sunak ‘to cut inheritance tax’ in boon for Britain’s wealthiest – and wants to abolish it altogether

The state of the nation’s finances mean there is little prospect of a change in the near future.

The Independent UK

A year after Truss’s demolition job, the UK is still in a hole

Her worst ideas were reversed, but today’s economy is similarly floundering, as Sunak prepares for his own autumn budget

The Guardian - UK

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The Guardian - UK

Rishi Sunak considering inheritance tax cut, report says

No 10 plays down speculation PM would reduce rate of tax, which only affects around 4% of deaths a year

The Independent UK

Sunak reportedly considering inheritance tax cut

The state of the nation’s finances mean there is little prospect of a change in the near future.

The Guardian - UK

Battles, old flames and key narratives: a look ahead to conference season

From Liz Truss to Jeremy Corbyn, Brexit to net zero, who are the key figures and crucial issues to look out for at the main party conferences?

The National (Scotland)

Angus Robertson to join Rutherglen by-election campaign trail for pro-EU day

ANGUS Robertson is set to join Katy Loudon on the Rutherglen and Hamilton West by-election trail as part of a pro-EU campaign day.

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The Independent UK

Mortgage payments in blue wall ‘up by £3,000 after Truss’, Lib Dems say

The party is branding the increase a ‘Truss tax’ as it seeks to target traditionally Conservative seats in southern England.

Evening Standard

Liz Truss dubbed PM ‘Russi Sunak’ in row over Russian invasion, book claims

Liz Truss once branded her successor as Prime Minister “Russi Sunak” in a row over the government’s response to the invasion of Ukraine, according to a new book.

The Guardian - UK

The Guardian view on British attitudes: a nation of possibilities

Editorial: This year’s 40th annual survey of the way we think reveals a country that, for all its flaws, is more liberal and more social democratic than before

The Guardian - UK

‘We lost about £100,000’: one year on, Britons count cost of the mini-budget

People who lost money for care home fees and others facing rocketing mortgage costs after Truss’s gambit share their stories

The Guardian - UK

Lib Dems’ Ed Davey to make £5bn-a-year pledge on care in England

On eve of party conference, leader says he feels a heavy responsibility to help get Conservatives out of power

The Guardian - UK

The ‘I was right’ wing: Truss and May do their best to rewrite history

Tory leaders are on the redemption trail, Britain’s neediest man is back on reality TV and Ange Ball wins me over

The Independent UK

Starmer vows more powers for OBR so Truss budget ‘disaster’ never happens again

The Labour leader said ministers would be legally bound to consult the official fiscal watchdog on tax and spending changes under his party’s plans.

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