The Latest Breaking News from Liz Truss

From the South Sea Bubble to the undoing of Trussonomics, this month of the year keeps providing lessons

New defence secretary is a trusted performer who PMs have learned is safer inside the tent than out

Mr Shapps is moving to the role from a stint as energy secretary.

Energy secretary appointed defence secretary in mini-reshuffle, with Claire Coutinho taking the energy security brief

Mr Wallace announced last month he would resign from the senior Cabinet role at the next reshuffle.

PM prepares to reveal mini-reshuffle after Wallace formally steps down – amid speculation someone ‘unexpected’ getting top cabinet job

In today’s newsletter: The UK foreign secretary met senior Chinese officials for talks in Beijing – was there anything to gain?

A party that is out of ideas and afraid to admit its mistakes finds comfort in pursuit of traitors, scapegoats and in conspiracy theory, says Guardian columnist Rafael Behr

DOUGLAS Ross’s failure to mention the impact of Brexit at the launch of his party’s new economic strategy has been branded “laughable” ...

Don’t ever open your mouth till you know what the shot is”: such is the timeless wisdom of real estate salesman Ricky Roma in David Mamet’s Glengarry Glen Ross, and it is a maxim that politicians always do well to heed. Until now, Rachel Reeves, the shadow chancellor, has observed…

There’s an incredibly strong pattern of failure among prime ministers coming to office when their party has been dominant for a long period