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The Latest Breaking News from Liz Truss

Liz Truss U-turns on corporation tax after Kwasi Kwarteng sacked

Liz Truss tore up the mini budget with an £18 billion corporation tax U-turn after sacking Kwasi Kwarteng as Chancellor on Friday. The reversal came as the prime minister held a press conference after a tumultuous day where she sacked Mr Kwarteng, one of her closest allies, and appointed Jeremy…

Evening Standard

Liz Truss confirms scrapping of corporation tax rise in latest mini-budget U-turn

It comes after Jeremy Hunt replaced Kwasi Kwarteng as Chancellor

Wales Online

UK's Truss sacrifices close friend Kwarteng over unloved fiscal plan

He was one of her closest friends and supporters, but Prime Minister Liz Truss sacked Britain's first Black finance minister Kwasi Kwarteng just 38 days into the job.

Reuters

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Hunt replaces Kwarteng as Liz Truss plans humiliating U-turn

U.K. Prime Minister Liz Truss fired Chancellor of the Exchequer Kwasi Kwarteng and replaced him with former Foreign Secretary Jeremy Hunt as she prepared to make a humiliating U-turn on parts of her economic plan.

Tribune News Service

So farewell, Kwasi. Your career died so Liz Truss’s might live for at least 15 more minutes

Kwarteng is out, Hunt is in, and the farcical merry-go-round keeps spinning, says Guardian columnist Marina Hyde

The Guardian - UK

Martin Lewis has message for new Chancellor Jeremy Hunt

The Money Saving Expert founder took to Twitter after hearing the news Kwasi Kwarteng was being replaced

Liverpool Echo

Liz Truss scraps Corporation Tax plan in ANOTHER U-turn as she vows to carry on

The Prime Minister is in a bitter scrap to stay in post, just 38 days after taking the top job, and earlier today sacked Chancellor Kwasi Kwarteng

Daily Mirror

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Sadiq Khan: Kwasi Kwarteng not the only problem with Liz Truss’ Government

The London Mayor was speaking as the Chancellor flew back to the US, just before he was sacked.

The Independent UK

Who is Jeremy Hunt? New Chancellor's family life, wife and privileged education

Jeremy Hunt has been announced as the new Chancellor of the Exchequer following the abrupt departure of Kwasi Kwarteng in a day of chaos for the Conservative Party

Daily Mirror

Chris Philp: Liz Truss demotes Kwasi Kwarteng’s deputy in Treasury clear-out

Chief secretary to the Treasury moved to Cabinet Office role

The Independent UK

'Best thing she can do is resign': Nicola Sturgeon calls for Liz Truss to go

NICOLA Sturgeon has called on Liz Truss to resign as she accused her of crashing the UK economy.

The National (Scotland)

Jeremy Hunt named as new chancellor by Liz Truss

Tory moderate replaces Kwasi Kwarteng in bid to shore up support from MPs

The Independent UK

Jeremy Hunt replaces Kwarteng as Britain's finance minister

Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi Kwarteng's resignation from the post after less than six weeks in the job.

Reuters

Scottish Lib Dems call for general election as Kwarteng sacked as Chancellor

Mr Kwarteng returned early from an overseas trip to Washington to learn his fate.

The Independent UK

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Daily Mirror

Jeremy Hunt confirmed as new Chancellor after Kwasi Kwarteng sacking

The former Health Secretary was named as Chancellor just an hour after Kwasi Kwarteng was sacked following his disastrous mini-Budget

The Guardian - UK

Kwasi Kwarteng was logical choice as chancellor but hubris was his downfall

Truss ally has experienced a dramatic reversal of fortune after five weeks and three days in the job

The Independent UK

Timeline: Liz Truss’s turbulent time as Prime Minister

Ms Truss was in office for just two days when the Queen died, and then faced a major backlash to her controversial economic policies.

The Guardian - UK

Liz Truss appoints Jeremy Hunt as chancellor after sacking Kwarteng

Former leadership contender is back in cabinet as PM tries to reach out to other sections of Tory party

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The Independent UK

Unrepentant Kwarteng urges Truss to continue with their free-market agenda

‘Your success is this country’s success and I wish you well’: Ex-chancellor promises support to PM

The Independent UK

Pound to dollar falls after Kwasi Kwarteng sacked as chancellor by Liz Truss

Chancellor ousted amid back bench revolt over tax-cutting agenda

The National (Scotland)

Who is Jeremy Hunt? The UK's new Chancellor of the Exchequer

JEREMY Hunt has been announced as the UK’s new Chancellor in the wake of Liz Truss sacking Kwasi Kwarteng.

Wales Online

Every word Liz Truss wrote to Kwasi Kwarteng after sacking him as Chancellor

'I deeply respect the decision you have taken today. You have put the national interest first'

France 24

UK PM Truss U-turns on mini budget, raises corporation tax and names Hunt finance minister

Embattled UK Prime Minister Liz Truss has appointed Jeremy Hunt to replace Kwasi Kwarteng as Finance Minister on Friday, while also ditching the cut in corporation tax in a major U-turn to her mini-budget announced just last month triggering major market turmoil.

Manchester Evening News

What time is Prime Minister Liz Truss' press conference?

The Prime Minister will inform the press later today on a wave of new economic plans to tackle the country's crisis

Manchester Evening News

Could there be a general election this year?

Calls have been made for a snap general election following Chancellor Kwasi Kwarteng's sacking

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