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The Latest Breaking News from Liz Truss

The Guardian view on Rishi Sunak’s economics: recession is an acceptable price to pay

Editorial: Growing the economy by shrinking it first is a high-risk political strategy

The Guardian - UK

Labour must counter the Tory bonanza of uncosted policies. But not at the expense of childcare

By rowing back on commitments to free provision for children and the green new deal, the party is losing at the Tories’ toxic game, says Guardian columnist Zoe Williams

The Guardian - UK

Starmer claims Sunak ‘weak’ for failing to block Boris Johnson’s honours list

The pair clashed at PMQs after several days of Tory infighting.

The Independent UK

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Who will get the blame for UK mortgage misery?

The government has ordered banks to protect people struggling to pay their mortgages as interest rates were predicted to rise as high as 6% by the end of the year.

The Week

UK has no choice but to raise interest rates to curb inflation, says Jeremy Hunt

Chancellor gives unstinting support to Bank of England as households brace for borrowing costs to rise again

The Guardian - UK

A brief history of camp: from minority sensibility to political protest

Early in the first episode of the BBC reality dating show I Kissed A Boy, glamorous pop star Danni Minogue descends a staircase to greet the all-male line-up of contestants. “Probably not the right heels for this,” she admits.

The Conversation

Bust Woking council to cut ties with firm behind debt-ridden skyscraper

Northern Irish developer Moyallen owns 52% of Victoria Square development at centre of local authority’s financial meltdown

The Guardian - UK

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'Economic incompetence': UK Government borrowing costs reach 15-year high

THE SNP have accused Rishi Sunak of being like “Liz Truss in slow motion” after it was revealed that UK Government borrowing costs have…

The National (Scotland)

Banks should increase returns on savings amid interest rate rises, says top Tory

Harriett Baldwin, chairwoman of the Treasury Select Committee, suggested banks should take the step if they are also raising mortgage rates.

The Independent UK

Drop culture war battles, Penny Mordaunt tells Tories

Party must focus on ‘building more and taxing less’, says cabinet minister

The Independent UK

Who is Charlotte Owen and why is she getting a peerage?

The 29-year-old aide among controversial names on Boris Johnson’s resignation honours list

The Independent UK

Drop culture war battles, Penny Mordaunt tells Tories

Party must focus on ‘building more and taxing less’, says cabinet minister

The Independent UK

Who is Charlotte Owen? Youngest life peer parties with Carrie Johnson

Boris Johnson’s ex-aide has been in politics for all of five years and eight months, going from intern to baroness in that time

Evening Standard

Gillian Keegan attacks 'fairytale' economics of Tory right as civil war deepens

'Selectively choosing bits of the legacy and dressing it up as Thatcherism is a betrayal of her great legacy,' Gillian Keegan told the Centre for Policy Studies' annual Margaret Thatcher Conference in a dig at Liz Truss

Daily Mirror

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The Guardian - UK

‘This is just ruinous’: the Britons unable to afford their homes

Millions are finding themselves priced out of renting and buying amid high inflation and mortgage rates

The Guardian - UK

Urge to soothe markets may blunt Labour’s edge on Tories

Scaling back of green prosperity plan reflects a possibly costly desire to project fiscal stability

The Guardian - UK

Labour says ‘Tory mortgage penalty’ costs homeowners extra £7,000 a year

Opposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by £150 a week in two years

The Independent UK

Boris Johnson: The former PM who promised to get Brexit done

His resignation statement on Friday came just hours after the Government published his long-awaited resignation honours list.

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The Independent UK

Have I Got News For You jokes about recording on Friday after Johnson quits

This week’s episode featured comedian Harry Hill as host – his first ever appearance on the show – and was recorded on Thursday.

The Guardian - UK

Why access to Tory party members is big incentive for owning Daily Telegraph

Newspaper retains considerable influence among those who will shape the direction of Conservatives

The Independent UK

Nadine Dorries: Staunch Johnson loyalist who took on the jungle

She started her working life as a nurse before pursuing a career in business.

Daily Mirror

Nadine Dorries' gaffes and weird moments as top Tory stands down as MP

The former Culture Secretary, who has been an MP since 2005, released a bombshell statement today saying she would quit with immediate effect - triggering a by-election in an act of revenge against Rishi Sunak

The Guardian - UK

Labour doesn’t need to sabotage its green prosperity plan – just to cost it clearly

The argument that markets will react badly to borrowing doesn’t wash, says the former shadow chancellor John McDonnell

Daily Mirror

Labour scales back £28billion-a-year green energy plan after Tory economic chaos

Shadow Chancellor Rachel Reeves said the party would 'ramp up' investment in green projects over time but said the economic carnage inflicted on Britain by Liz Truss had narrowed Labour's options

Daily Mirror

10 crisis issues erupting in the UK as Rishi Sunak flies back from White House

Rishi Sunak finally makes his first White House trip as Prime Minister - but he awaits increasingly pressing issues back at home

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