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The Latest Breaking News from Kwasi Kwarteng

BT is feeling the squeeze as inflation clouds its future

Telecoms company warns of job cuts as cost pressures and energy bills threaten its financial plans

The Guardian - UK

Liz Truss with laughing lettuce to be burned as Bonfire Night effigy

The former prime minister was only in office 49 days and is the shortest serving leader in British history

The Independent UK

Gilt yields are now well below pre Kamikwarsi levels. So why not mortgage rates?

Home loan rates rose like a rocket...but appear to be falling like a feather

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Home-buyer mortgage approvals fall significantly amid market 'panic'

Mortgage approvals for house purchases decreased to 66,800 in September, down from 74,400 in August, the Bank of England said

Wales Online

Royal Mail group says potential national security probe will not go ahead

Government had raised concerns over Czech billionaire's stake in company

Wales Online

Home-buyer mortgage approvals fell significantly in September

Mortgage approvals for house purchases decreased to 66,800 in September, down from 74,400 in August, the Bank of England said.

The Independent UK

Former Army boss blasts Liz Truss 'ill discipline' over Kremlin phone hack

Lord Dannatt, who was Chief of the General Staff from 2006 to 2009, voiced his disbelief that the former Prime Minister was using a personal mobile phone for government business after it emerged she had been hacked

Daily Mirror

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The Tories are trashing more than just the nation

Keeping my act topical, given our chaotic government, is getting beyond a joke

The Guardian - UK

Taking back control? It’s the markets that are sovereign over Brexit Britain

Economic crises of the past offered a clear warning about the foolhardiness of the Truss-Kwarteng debacle

The Guardian - UK

‘Don’t embarrass the king’: Liz Truss told to forgo a lengthy honours list

Former prime minister could be told to limit rewards for allies and friends after her disastrous seven-week tenure

The Guardian - UK

Michael Gove says Tories should apologise for Liz Truss’s ‘holiday from reality’

Reinstalled levelling up secretary says he understands public anger at party’s choice of Truss and her tax cuts for the rich

The Guardian - UK

Truss phone was hacked by suspected Putin agents when she was foreign minister - report

Former British Prime Minister Liz Truss's personal phone was hacked by suspected agents working for Russian President Vladimir Putin when she was foreign minister, the Daily Mail reported on Saturday.

Reuters

Trussonomics: No better than 'liberty' lettuce

Following the brutal market backlash against her plans for unfunded tax cuts and tens of billions of pounds in additional spending, Liz Truss resigned as British prime minister, succeeded by her Tory rival, Rishi Sunak. The international media is now struggling to make sense of it all, but the task…

Bangkok Post

Conservative Party receives £3.6m from hedge fund tycoons and finance firms

Exclusive: Donors include hedge fund boss said to have benefited from drop in pound following Kwasi Kwarteng’s mini-Budget

The Independent UK

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Irish Mirror

Tetchy scenes in Dail as Tanaiste Leo Varadkar calls Pearse Doherty 'Kwasi Doherty' and compares Sinn Fein to Liz Truss' failed Tory government

The Fine Gael leader said that it would take Sinn Féin one Budget to 'wreck the economy' under 'Kwasi Doherty'

The National (Scotland)

FMQs Sketch: Nicola Sturgeon and Douglas Ross engage in pre-Halloween rammy

AT the last FMQs before October recess, Liz Truss was the prime minister, Kwasi Kwarteng was the chancellor and Douglas Ross claimed to be very…

Evening Standard

How Liz Truss and Kwasi Kwarteng might patch things up

Liz Truss and Kwasi Kwarteng

Birmingham Post

Recruitment underway at Pensana as orders placed for infrastructure to build £150m chemical plant

Inward investor gives City update on rare earth separation site

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news in one place.

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Los Angeles Times

Michael Hiltzik: Britain's prime minister followed the GOP's economic plan. She lost her job in record time

Fox Business talking head Larry Kudlow was over the moon on Sept. 23.

The Independent UK

Where national insurance stands after a year of political chaos

Tax on earnings already amended three times in 2022

Daily Mirror

Rishi Sunak WON'T bring in National Insurance hike - in the immediate future at least

Number 10 today said the new Prime Minister does not intend to re-introduce a 1.25% rise in National Insurance rise, which was brought in to help the NHS and social care recover from Covid crisis

The Conversation

Four of Shakespeare's plays and how they speak to the current political situation in Britain

The last few years in politics have gifted the keen observer many allusions to some of Shakespeare’s best-loved works. From the Midsummer Night’s (fever) Dream the electorate might think they are experiencing while looking on at parliament to All’s Well That Ends Well (or is it?).

Radio France Internationale

Paris Perspective #35: The Great British Political Bake-Off – Jeremy Stubbs

In this edition we’re going to dive into the political Twilight Zone that is British politics to examine how the post-Brexit roller-coaster ride has evolved and expanded into a full-blown theme park as the UK installs its fifth prime minister in six years.

The Guardian - UK

Halloween fiscal statement could be delayed, says minister

James Cleverly says Rishi Sunak’s government could take more time to draw up spending cut plans

Daily Mirror

Michael Gove back in cabinet as he's named Levelling Up Secretary - again

The Tory heavyweight broke ranks earlier this month by suggesting he would not vote for Liz Truss's disastrous tax cuts, accusing the departed PM of showing the "wrong values"

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