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The Latest Breaking News from Nadhim Zahawi

Zahawi faces shortest chancellorship since 1970 – and may be glad of it

The ex-vaccines minister appears to be the equivalent of a caretaker football manager, with Kwarteng waiting in the wings

The Guardian - UK

Rishi Sunak pledges to oppose nationalism as Zahawi showcases UK aid to Scots

Chancellor Nadhim Zahawi will head to Scotland to showcase Government support for energy bills, as the crisis dominates the Tory leadership race.

The Independent UK

Zahawi says Westminster has ‘stepped in to ease pressures on household budgets’

The Chancellor is set to visit Edinburgh on Wednesday, the Treasury has said.

The Independent UK

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Campaigners blast decision to fund new nuclear power plant as 'dodgy'

CAMPAIGNERS have slammed the approval of funding for a new multibillion-pound nuclear power station.

The National (Scotland)

How to tackle the UK cost of living crisis – the main economic ideas

Our writers assess and cost the key ideas floated so far, from targeted help to the most vulnerable to a new windfall tax

The Guardian - UK

Boris Johnson approves funding for Sizewell C nuclear plant in ‘dodgy decision by lame duck PM’

Private funding will be sought for the project in Suffolk estimated to cost £20-30 billion.

The Independent UK

Boris Johnson approves nuclear plant costing billions - weeks before new PM arrives

Funding for the Sizewell C nuclear power station has been approved in Suffolk, and the government will make a final decision on public investment later this year - though it could be £6bn

Daily Mirror

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Boris Johnson approves funding for Sizewell C nuclear plant

Project expected to cost between £20-30 billion

Wales Online

Chancellor Nadhim Zahawi admits rocketing inflation is hitting Britain’s public finances

Chancellor Nadhim Zahawi admitted on Friday that soaring inflation is hitting Britain’s public finances with debt interest payments up by more than £2 billion.

Evening Standard

Industry unites behind plan for crisis fund to control soaring energy bills

A state-backed ‘deficit tariff scheme’ supported by banks would freeze energy bills at their current rate

The Guardian - UK

Minister forced to deny opposition claims of a ‘zombie Government’

Education Secretary James Cleverly claims ministers are still working as the cost of living squeeze continues

Evening Standard

Asda boss blasts 'Captain' Boris Johnson for 'going on shore leave' during crisis

Lord Rose, who is a Tory peer, lashed out at the holidaying PM, who has taken two breaks in a fortnight despite having just weeks left at the helm - fuming: "The captain of the ship is on shore leave, right – nobody is in charge at the moment"

Daily Mirror

Zahawi condemns Labour’s energy plan for rewarding ‘wealthier people like me’

The Chancellor said he would rather target support for families struggling with the cost of living.

The Independent UK

Inflation surges to 10.1% in new costs bombshell

Bank of England ‘could be forced to more than double interest rates’

Evening Standard

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The National (Scotland)

Chancellor's new top adviser linked to free market ideologues and Ukip

THE Chancellor has reportedly hired a senior member of a right-wing free-market think tank closely linked to the official Vote Leave campaign.

Daily Mirror

Workers' pay falls at record levels as Tories 'have lost control of the economy'

Boris Johnson is on his second holiday in a fortnight as Brits are facing a deepening cost of living crisis. Between April and June, regular pay slumped by 3% when taking skyrocketing inflation into account, according to official statistics.

The Independent UK

Taskforce set up in bid to deliver energy bill discount in Northern Ireland

UK Chancellor Nadhim Zahawi met Stormont Economy Minister Gordon Lyons and Communities Minister Deirdre Hargey in Belfast last week.

Daily Mirror

Keir Starmer warns Brits 'suffering every day' as he unveils £29bn energy bills plan

Labour’s leader Sir Keir Starmer said millions are “very, very worried”, from families forced to put food back on supermarket shelves to an 84-year-old in Dewsbury “too scared” to heat her home in winter

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Belfast Live

Cost of living: Chancellor to meet Stormont ministers again over £400 energy bill discount

Stormont ministers are looking at the Treasury paying money to energy companies in Northern Ireland to take off customers bills

Evening Standard

Treasury drawing up new scheme to ‘cut energy costs by £400’

Chancellor Nadhim Zahawi has asked officials to draw up a multibillion-pound package to reduce the price cap from January

Daily Mirror

Liz Truss could cancel £400 cost-of-living energy bills discount for richer Brits

All Brits are due to get £400 off their soaring energy bills between October and March - but a key ally of the likely PM said it was 'odd' and should be 'revisited'

Wales Online

Winter energy bills 'could be slashed by £400' in new plans

There are reports that more help will be announced by the new PM

The Independent UK

Treasury ‘draws up plan to cut £400 from energy bills in January’

Lending scheme proposal comes as Liz Truss considers cutting existing support for ‘high earners’

Manchester Evening News

Can Manchester avoid a winter of blackouts?

Worst-case scenario could see country left short of power

The Independent UK

Labour demands energy price cap freeze amid rising cost of living

Starmer’s party joins Lib Dems in calling for October freeze, as Treasury considers plan to reduce cap

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