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The Latest Breaking News from Kwasi Kwarteng

Truss was right to argue for tax cuts, says ex-Tory chairman

The former prime minister has defended her policies as Rishi Sunak faces demands from some Conservative MPs to reduce the tax burden.

The Independent UK

Liz Truss blames downfall on 'left-wing economic establishment'

LIZ Truss has insisted she was never given a “realistic chance” to implement her radical tax-cutting agenda by her party and by a “powerful…

The National (Scotland)

Labour would not have 'got to the point' of keeping Nottinghamshire power stations going this winter

Ed Miliband was on a visit to Mansfield and spoke about the Government's step to keep two Nottinghamshire coal-fired power stations available this winter.

Nottingham Post

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Liz Truss says tax cut plans were never given a chance and slams 'economic establishment'

The former prime minister has made her first detailed comments since the end of her tumultuous 49-day stint in the top job

Wales Online

Liz Truss: I was never given a chance - old

Ex-PM has blamed Tory opponents and a ‘powerful economic establishment’ for the failure of her radical tax cutting agenda.

The Independent UK

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

The Guardian - UK

Hunt became chancellor after a Tory tax calamity. History suggests he’s doomed

Like Roy Jenkins and Kenneth Clarke before him, he can do little but tackle a crisis bequeathed to him by Conservative folly

The Guardian - UK

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Jeremy Hunt to promote low-tax and private sector ‘retooling’ of industry

Chancellor also expected to tell markets that government spending will remain within strict limits

The Guardian - UK

Government refusal of £1.2bn cross-Channel energy project quashed by High Court

Aquind’s proposals for a new electricity link between the UK and France will have to be considered afresh by Business Secretary Grant Shapps.

The Independent UK

Desperate man who couldn't get NHS dentist pulls out 5 of his teeth with pliers

A man has told how he had to extract five of his teeth as there were no NHS dentists in his area available to take him on thanks to closures during the pandemic

Daily Mirror

The Observer view on the free market thinking that failed Britishvolt

The government’s hands-off approach meant the odds were against the EV battery startup from the start

The Guardian - UK

How the grand Britishvolt scheme turned sour - and what happens next

What went wrong with the Britishvolt plan - and what will happen next on a project that is crucial to the North East’s future?

Birmingham Post

Accents still rule Britain, says Scottish actor Jack Lowden

Scottish actor Jack Lowden complains that people with plummy voices get an easier ride, claiming “accent rules” in the UK.

Evening Standard

Personalised 'Jenga' lectern used by Liz Truss during 49 days as PM cost taxpayers £4,000

Downing Street has revealed that £4,175 of public money was spent on the higgledy-piggledy lectern that was specially made for Liz Truss, before she was forced to quit

Daily Mirror

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The Guardian - UK

Bank of England completes sale of £19bn emergency bond purchases after mini-budget

Bloomberg estimates Bank made profit of £3.5bn after intervening to prevent run on pension funds

The Guardian - UK

‘Labour doesn’t seem to understand how it’s happening’: meet the new Black Tories

The Conservatives are keen to boast about the diversity of their top team – but the party has never been seen as a natural home for Black voters. Can a small group of Black Tories change that?

Manchester Evening News

The year of three prime ministers - how Britain went from Boris to budget bedlam then back to billionaire Rishi

A look back at a turbulent year in UK politics

The Guardian - UK

Crypto collapses, Mone’s masks and golden goodbyes: the 2022 Observer business awards

The Conservative peer’s peerless public service work, Sam Bankman-Fried’s strange love life and Elon Musk, as usual, feature highly in this year’s prestigious honours list

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Evening Standard

Quotes of the Year — from Musk to Trump to Markle, the funniest and most bizarre

2022 has been notable for being a particularly rubbish year, which doesn’t mean we can’t look back and smile at some of the iconic quotes it has produced, even if the smiles have a slightly bitter edge...

Daily Mirror

Major review of taxes including child benefit for two million families is quietly axed

Sources confirmed doomed Kwasi Kwarteng's Treasury review to make taxes 'better for families' is dead in the water under Rishi Sunak's leadership because events have overtaken it

Birmingham Post

The South West's 10 biggest business stories of 2022

From companies going bust to the best places to live in the region, we take a look at the most-read stories of the year

The Guardian - UK

Fingers on your buzzers! It’s Joe Lycett’s quiz of the year!

Here’s a chance to go head-to-head with the actually very rightwing comedian. Liz Truss tried, and couldn’t manage it – what about you?

Tribune News Service

Most dramatic stock moves of 2022 led by Meta’s nosedive

From a little-known manufacturing firm’s 13,000% rally in its US stock-market debut to a flash crash across Nordic stocks, there was no shortage of dramatic moments that consumed equity investors’ focus in 2022.

Daily Mirror

Alcohol duty rise on price of beer, wine and spirits delayed until August

Alcohol duty rises had been due to come into force in February, putting 38p on a bottle of wine - but today the Treasury is expected to confirm it will put the plans on ice

Daily Mirror

Spring Budget date announced as Jeremy Hunt to give statement on March 15

Chancellor Jeremy Hunt will give his Spring Budget on March 15, spelling out further the direction for the economy after he spelt out years of spending cuts in his Autumn Statement

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