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The Latest Breaking News from Liz Truss

Pound retreats again and FTSE tumbles after IMF’s stinging criticism of UK plans

Sterling fell back to 1.06 US dollars, having recovered to 1.08 US dollars on Tuesday after Monday’s bloodbath saw it reach an all-time low.

The Independent UK

Starmer urges Truss to rethink budget as IMF criticises tax plans

Labour leader accuses government of losing control of economy, branding budget a ‘self-inflicted’ problem

The Guardian - UK

IMF urges Kwasi Kwarteng to change course in extraordinary statement

THERE is international pressure on Chancellor Kwasi Kwarteng to change course following his mini budget announcement.

The National (Scotland)

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Keir Starmer demands Tories respond to 'mess' of economy as Brits 'very, very worried'

The Labour leader said the Government needed to act following a 'very serious' warning from the International Monetary Fund about the Chancellor's tax cutting bonanza

Daily Mirror

Liz Truss must fix self-inflicted ‘mess’ after IMF warning, says Keir Starmer

Labour leader says his own mortgage payments have gone up by ‘few hundred pounds’ a month

The Independent UK

Bank of England intervenes in bond market - as it happened

Bank’s emergency move brings relief to bond market, but fails to stabilise UK currency

The Guardian - UK

Wednesday briefing: Did Keir Starmer’s speech take advantage of perpetual Tory crisis?

In today’s newsletter: All the content of – and reaction to – Keir Starmer’s conference speech

The Guardian - UK

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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.

ABC News

What do you think of Liz Truss's planned tax cuts?

Labour leader Keir Starmer has slammed the proposed cuts

Liverpool Echo

Cristiano Ronaldo and Premier League stars set for extra earnings boost after tax cuts

Ronaldo is the highest-paid footballer in the Premier League and the Manchester United superstar will be happy with the decisions taken by Liz Truss and Kwasi Kwarteng last week

Daily Mirror

New UK trade minister visits United States in first trip overseas

Britain's new trade minister Kemi Badenoch will visit New York on Wednesday in her first overseas trip, where she will stress the importance of the United States as a trading partner even as talks over a free trade deal between the countries are blocked.

Reuters

Labour in buoyant mood as conference draws to a close

Deputy Labour leader Angela Rayner will deliver the closing speech at the gathering in Liverpool.

The Independent UK

Mohammed bin Salman named prime minister ahead of Khashoggi lawsuit

New role likely to grant prince sovereign immunity in case concerning journalist murdered in Saudi Arabian embassy

The Guardian - UK

International Monetary Fund makes extraordinary intervention as it urges Chancellor to change course

Kwasi Kwarteng has been urged to 're-evaluate the tax measures' outlined in last week's mini-budget

Wales Online

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Daily Mirror

'The choice is clear for Britain - Keir Starmer is ready to be Prime Minister'

Sir Keir Starmer's barnstorming speech at the Labour Party conference pressed all the significant buttons, he's right that we should never forget or forgive the Tories' failings

The Guardian - AU

Morning Mail: help for Optus data breach victims, pesticide regulation maze, path to republic debate

Wednesday: State governments are helping make it easier to get a new driver’s licence for those at risk of digital identity theft after Optus’s big breach. Plus: health warnings over ‘canola selfies’

The New Daily

Michael Pascoe: RIP trickle-down economics – even the financial markets have given up

Trickle-down economics: The cry of “you can’t tax your way to prosperity” is joined by “you can’t tax cut your way to prosperity either”.

Daily Mirror

Keir Starmer vows to give power to British people if Labour wins election and he's PM

In a barn-storming party conference speech in Liverpool, opposition leader Keir Starmer declared he is ready to boot the Tories out of No10 and give the county its 'future back'

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The Guardian - UK

State-backed energy and a ‘sense of hope’: Starmer sets out stall as No 10 contender

Opposition leader says Tories have ‘lost control’ and Labour is now the party of ‘sound money’

The Independent UK

Liz Truss bad for Britain on world stage, majority of voters say OLD REDIRECTED

More than half of Britons say prime minister isn’t up to job of representing UK abroad

The Guardian - UK

The Guardian view on moving the British embassy to Jerusalem: don’t do it

Editorial: Liz Truss has promised a review, but relocating it would be shameful and stupid. That might not put off the prime minister – but it should

The Guardian - UK

Homeowners warned of ‘significant’ rise in UK interest rates

Bank of England’s chief economist speaks out after mini-budget, with financial markets expecting rates to reach up to 6%

The Independent UK

‘Don’t forget, don’t forgive’: Starmer urges voters to punish Truss for financial mayhem

Labour leader announces plan for publicly-owned power company to deliver ‘fairer, greener future’

Daily Mirror

Keir Starmer says he'll stick with a points-based immigration system as Prime Minister

Labour's leader promised to "control immigration using a points-based system" in his party conference speech - continuing a system set up by the Tories after Brexit

The Guardian - UK

Keir Starmer has found his winning position – as the antidote to Liz Truss

The Labour leader looks like he’s on a path to victory, says Guardian columnist Rafael Behr

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