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The Latest Breaking News from Britain

Why are Britain’s pension schemes dumping government bonds?

Bank of England forced to step in to calm gilt markets as mini-Budget financial storm rumbles on

The Independent UK

"Enough to make your ears bleed": Listeners in disbelief at disastrous, awkward Liz Truss interviews this morning as Britain plunges into economic chaos

Ms Truss spoke publicly for the first time since the mini-budget sparked economic chaos

Manchester Evening News

Apple App Store Pulls Russian Social Network VKontakte

Apple on Wednesday confirmed that it removed popular Russian social network VKontakte from its App Store globally due to sanctions imposed by Britain. The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv…

Asharq Al-Awsat

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Tories threaten to cut benefits and the state to pay for tax cuts for the rich

As post-mini-Budget chaos engulfs Britain, Treasury minister Chris Philp refused to rule out a real-terms cut to DWP Universal Credit, asked for 'efficiency savings' and said 'I'm not going to apologise'

Daily Mirror

Kemi Badenoch to US: Britain ‘going for growth in a big way’ with tax cuts

The Cabinet minister described the UK as ‘Europe’s unicorn factory’ in a speech to investors in New York.

Evening Standard

Challenging 'orthodoxy,' Kwarteng clings on after UK market rout

As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink that he and new Prime Minister Liz Truss saw as holding Britain back.

Reuters

Asian stocks follow Wall St higher after UK calms markets

Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

The Independent UK

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Britain wants closer ties with Indo-Pacific region - foreign minister

Britain is committed to forming ever closer links with the Indo-Pacific region, including greater economic, security and defence cooperation, foreign minister James Cleverly said in a speech in Singapore on Thursday.

Reuters

Britain’s trickle-down budget idiocy offers a clear lesson for Australia on our stage 3 tax cuts

The stage 3 tax cuts were always the worst policy, but now they are being done at the worst time

The Guardian - AU

Universal credit changes: increasing pressure on part-time workers is the wrong move at the worst time

Chancellor Kwasi Kwarteng has laid out the government’s “mini budget”, a package of tax cuts that will mostly benefit the wealthiest in Britain. But people on the other end of the income scale are facing changes too.

The Conversation

Government denies responsibility for market turmoil as pound slumps

Mini-Budget labelled ‘reckless and ideological disaster’ by some Conservatives

The Independent UK

Economic storm tests UK's new leader, alarms Conservatives

Britain’s new Prime Minister Liz Truss is under pressure to reverse announced tax cuts that have triggered a financial crisis in an already struggling economy

The Independent UK

UK tells Ukraine it will never recognise Russian attempts to annex territory

Prime Minister Liz Truss told Ukrainian President Volodymyr Zelenskiy on Wednesday that Britain would never recognise Russian attempts to annex its territory, a spokesperson for her office said following a call between the pair.

Reuters

Britain returns to its unusual business after Queen Elizabeth's death

"Look at all them people who want to go in there," said a boy as he passed by the iron railings bordering a well-kempt bright green lawn in Parliament Square.

Radio France Internationale

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The Independent UK

Liz Truss accused of wrecking Channel crossings deal with Macron ‘friend or foe’ gaffe

Claim that ‘groundbreaking’ agreement for UK officials to work in France was ready for sign-off

Daily Mirror

Labour must get ready to transform Britain once again, says Angela Rayner

The deputy Labour leader told the Mirror now is the 'moment to show the country that we are ready to govern'.

The Guardian - UK

Labour is right: it’s time for Britain to profit from its own renewables

The proposals would ensure the power of our wind and waves is harnessed for everyone – not just foreign governments and multinationals, says Mathew Lawrence of the Common Wealth thinktank

Evening Standard

This saucy chess scandal is keeping me going right now

Anyone else got that bleak autumn vibe? The days are getting darker and colder, rent and mortgages are spiralling, Britain is an international basket case, and soon no doubt we’ll be battered by the season’s first storm (to be named Antoni — the indignity goes on).

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news in one place.

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Evening Standard

Bank of England forced to intervene to stabilise economy after Kwasi Kwarteng mini-Budget

The Bank of England on Wednesday made an emergency intervention to protect Britain’s “financial stability” after Kwasi Kwarteng’s shock mini-Budget.

The Independent UK

New Met Police commissioner vows to be ‘ruthless’ in rooting out racist and misogynistic officers OLD REDIRECTED

Britain’s most senior police officer admits force has been ‘too weak’ tackling systemic issues

Daily Record

Former Tory MSP says 'Britain needs a Labour government' as he slams Liz Truss over tax slashing mini-budget

Former Conservative MSP Professor Adam Tomkins accused the new Prime Minister and Chancellor Kwasi Kwarteng of "trashing" the Tory party brand and the UK economy.

Asharq Al-Awsat

Stocks and Oil Drop as Dollar Gains on Recession, Ukraine Fears

Equities and crude prices fell, while the dollar held at multi-year highs Wednesday as recession fears mount, while traders are also growing increasingly concerned about tensions with Russia after it declared victory in controversial Ukraine annexation polls. Investors are also keeping a close eye on London, after new finance minister…

ABC News

What's happening with the British pound and what does it mean for Australia's economy?

With the UK government fighting off fears of a recession, the British pound tumbled against the US dollar this week. Here's why stock markets are concerned and what it means for Australia.

The Guardian - UK

Why has Britain fallen in love with Botox? There is only one way to find out ...

Increasing numbers of people are using the cosmetic treatment and they are happy to admit it. But what does it feel like to freeze your forehead, does anyone notice – and can it change how you feel about yourself?

Bangkok Post

David Bowie's handwritten 'Starman' lyrics sell for £203,000

LONDON: David Bowie's original handwritten lyrics for the pop classic "Starman", part of an album that catapulted him to international stardom, on Tuesday sold at auction in Britain £203,500.

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