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The Latest Breaking News from Nadhim Zahawi

UK ministers to meet energy bosses amid talk of toughening up windfall tax

Government admits any policy decisions unlikely to be made before new prime minister announced

The Guardian - UK

Distraught Martin Lewis warns Tory 'bull' on cost of living 'national crisis' risks lives

Money Saving Expert Martin Lewis warned the cost of living is a 'national crisis' like Covid and Rishi Sunak and Liz Truss's plans could 'leave millions destitute and in danger this winter'

Daily Mirror

Chancellor set for crisis talks with energy companies as bills soar

ENERGY sector bosses are set to take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng.

The National (Scotland)

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Chancellor 'absolutely committed' to £400 energy bill discount for Northern Ireland

An "equivalent" to the scheme being rolled out in Great Britain to ease cost-of-living pressures will be delivered "as soon as possible"

Belfast Live

Chancellor to commit to delivering £400 energy bill discount in Northern Ireland

Nadhim Zahawi will visit Belfast on Wednesday where he is set to take part in a number of meetings.

The Independent UK

‘Kangaroo committee’: Truss dismisses calls to discuss cost of living support with Sunak and Johnson

‘I think it will be constitutionally deeply undesirable,’ foreign secretary says

The Independent UK

‘Workaround’ sought to ensure NI consumers will not miss out on £400 energy support

Deirdre Hargey said the easiest way to get the money to families was to have an Executive at Stormont.

The Independent UK

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Truss ‘irresponsible’ for threatening to review Bank of England remit

Labour’s Rachel Reeves says Conservatives are ‘playing blame game’ for UK’s economic problems

The Guardian - UK

Rishi Sunak ‘did not take a holiday as chancellor’ as PM accused of going awol during economic crisis

Treasury spokesperson expresses hope Sunak has quality time with his family in ‘whatever job he gets next’

The Independent UK

Outrage as Tory minister tells Scots to wait weeks for cost-of-living help

Business Secretary Kwasi Kwarteng said he expects an emergency budget from the next prime minister to contain measures to help people.

Daily Record

Wait for new PM for more cost-of-living help, says UK Business Secretary

HOUSEHOLDS struggling under the cost-of-living crisis must wait several weeks before the UK Government reveals further support to combat soaring…

The National (Scotland)

Sunak defends taking money from deprived urban areas as he faces latest hustings with Liz Truss – as it happened

Candidates face Tory members in Eastbourne; former chancellor, who was filmed saying he tried to divert funds from ‘deprived urban areas’, says it was sensible

The Guardian - UK

Kwasi Kwarteng says 'AWOL' PM 'on top of' economic crisis and argues 'I’m here, in a suit'

Business Secretary Kwasi Kwarteng claimed holidaying Boris Johnson and Chancellor Nadhim Zahawi were 'completely on top of what's happening' after Bank of England issued dire warnings

Daily Mirror

Britain heading for year-long recession - but PM and Chancellor nowhere to be seen

Prime Minister Boris Johnson is reportedly on honeymoon in Slovenia while Chancellor Nadhim Zahawi enjoys a family break while families around the country are worried about how they'll pay their bills

Daily Mirror

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Daily Mirror

Boris Johnson and Nadhim Zahawi 'missing in action' amid dire recession warning

The Chancellor was said to be “working remotely” from a family break, while the PM and wife Carrie have reportedly jetted off on a delayed honeymoon to Slovenia - as the Bank of England issued a bleak recession warning

The Independent UK

Boris Johnson and Chancellor Nadhim Zahawi on holiday despite financial gloom

Both men were away from Westminster as the Bank of England raised interest rates again and warned of the longest recession since the financial crisis.

Birmingham Post

How soaring inflation is also hitting the Welsh Government

The Welsh Government's request for more UK Government funding is unlikely to be heeded.

The Guardian - UK

Liz Truss gains Penny Mordaunt’s backing as she and Rishi Sunak face Tory leadership hustings in Exeter – as it happened

Eliminated leadership candidate endorses foreign secretary as final two answer questions from members

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news in one place.

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The Guardian - UK

Rishi Sunak rejects claim he has ‘doomster’ attitude to economy

Former chancellor says he finds his successor’s accusation ‘amusing’ as he vows to cut income tax by 20%

The Independent UK

Sunak insists he will bring ‘radicalism’ to No 10 as he battles for Tory votes

Former chancellor Rishi Sunak is battling with Foreign Secretary Liz Truss to become the next prime minister.

Evening Standard

Rishi Sunak accuses colleagues of ‘rose-tinted’ view of Boris Johnson’s last days

The former Chancellor is battling to regain ground on rival Liz Truss as the pair enter a crucial week in the leadership contest

The Independent UK

Truss and Sunak to face off in hustings in crunch week of leadership race

The two candidates vying to replace Boris Johnson must win over the party faithful.

Reuters

UK's Zahawi backs Truss as next Conservative Party leader - The Telegraph

British finance minister Nadhim Zahawi formally endorsed Liz Truss to be the next Conservative Party leader, The Telegraph reported on Sunday.

France 24

Live: Three Ukrainian ports resume work following deal on grain exports

Three Ukrainian Black Sea ports resumed work Wednesday, Ukraine's navy said, following a UN-backed deal aimed at releasing 25 million tonnes of cereals stuck in Ukraine. Russian energy giant Gazprom cut gas deliveries to Europe via the Nord Stream pipeline to about 20 percent of its capacity, German authorities said.…

Reuters

Yellen discusses price cap on Russian oil with UK's Zahawi - U.S. Treasury

U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to reduce the impact of the war in Ukraine on global energy prices.

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