The Latest Breaking News from Liz Truss

Chancellor expected to unveil cuts and tax rises following Liz Truss failure

Commons speaker suggests phones not be taken into meetings as UK cyber security centre issues 10 ‘top tips’

The Chancellor is expected to announce tax rises, service cuts, changes to benefits and pensions and changes to energy bills

Plans are afoot to cut government borrowing with the economy on the brink of recession and the highest inflation for decades

The Child Poverty Action Group said it would be "outrageous" to ask vulnerable people to shoulder the UK’s stricken public finances.

Speaker's letter of caution comes after reports emerged of Liz Truss’s personal phone being hacked by Kremlin agents

The eagerly awaited autumn financial statement from UK prime minister Rishi Sunak and chancellor Jeremy Hunt includes a key ingredient: a report from the Office for Budget Responsibility (OBR) on the predicted overall effects of the government’s policies on the economy. This is something the Liz Truss government studiously avoided…

Liz Truss’s short-lived government presided over an even shorter-lived economic experiment in “Trussonomics”. As investors responded to September’s mini-budget by demanding higher interest premiums to purchase UK debt, the government was unable to execute its plans. Truss was reduced to a helpless bystander as her new chancellor, Jeremy Hunt, started…

The siren call of climate-burning expansion bewitches British politics. More of the same will emerge in the autumn statement, says Tim Jackson, professor of sustainable development at the University of Surrey