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The Latest Breaking News from Liz Truss

After losing the Tory leadership race to Liz Truss, the ex-chancellor has taken a breather. As Kwasi Kwarteng takes over at Number 11, Anne McElvoy looks at the next move for ‘goldenballs’: will he return to finance, or wait for Truss’s economic plan to fail?

Evening Standard

Milk bottle business owner facing £4million bill says Liz Truss' business energy cap is 'fake news'

'We are grateful for any help, but it is a matter for survival'

Wales Online

Government’s corporation tax plan may hand banks a £6 billion tax cut – Lib Dems

Liberal Democrat leader Sir Ed Davey hit out at the plan, calling it “shameful”.

The Independent UK

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Liz Truss and Ursula von der Leyen unite to condemn Putin’s ‘failing’ invasion

The leaders also had a ‘good discussion’ on relations between the UK and EU when they met at the United Nations General Assembly.

The Independent UK

Liz Truss, we support fracking too – that’s why we know it can’t work for Britain

The economic and political barriers to fracking here are extremely high. There are better solutions to the energy crisis, say Chris Cornelius and Mark Linder

The Guardian - UK

Fracking won’t work in UK says founder of fracking company Cuadrilla

Chris Cornelius says geology is too challenging and government’s support is merely ‘soundbites’

The Guardian - UK

Eu's von der Leyen and Britain's Truss: Russia's invasion is failing

President Vladimir Putin's decision to order a partial Russian mobilisation to fight in Ukraine is a sign of weakness, European Commission chief Ursula von der Leyen and British Prime Minister Liz Truss said in a joint statement.

Reuters

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Six human moments at the Queen's funeral - spider cameo, paper blunder and mix-up

The Queen's funeral had many of us in tears, but there were also some heartwarming and humorous moments that made us smile - and reminded us all that not everything goes to plan

Daily Mirror

Truss tells bosses of American multinationals tax cuts are ‘just the start’

The Prime Minister told leaders of firms including Google and JPMorgan Chase she wants ‘lower, simpler taxes’ to attract businesses to Britain.

The Independent UK

Welsh firms welcome energy bill support but say more help is needed

The Business Secretary announced an energy price cap for all businesses from 1 October to April 2023

Birmingham Post

Arnold businesses say they need more help after new government support package announced

Liz Truss has announced a cap on gas and electricity costs for businesses today but some fear it won't be enough

Nottingham Post

PM accuses Putin of ‘sabre rattling’ over nuclear threats and reservists call-up

Russian President Vladimir Putin insisted he was not bluffing as he appeared to threaten the use of nuclear weapons if his country was threatened.

The Independent UK

What does Putin's latest address mean for Ireland and Europe? All you need to know from Russia

Things are certainly tenser than they were 24 hours ago, as we wait to see whether Putin and Russia follow through with their threats.

Irish Mirror

Ed Davey: Truss government is probably most rightwing in modern UK history

Exclusive: Lib Dem leader says refusal to allow OBR scrutiny of mini-budget ‘shows economy is being run by ideology, not a plan’

The Guardian - UK

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The National (Scotland)

We can't stop Truss's oil and gas bonanza plans without independence, minister says

SCOTLAND is almost entirely powerless to stop a reported oil and gas licensing bonanza by the UK Government, a minister has said.

Daily Record

John Swinney warns UK Government business support scheme may be 'inadequate'

The Deputy First Minister was responding to Conservative plans to slash the cost of wholesale gas and electricity for non-domestic customers.

Wales Online

Woman who said she looked like Nanny McPhee flew to Turkey for dental work after £19k UK quote

The total cost of the Turkish trip including treatment, flights and hotel in Antalya is £5,000 which is nearly a quarter of what she says she would have to pay privately in the UK

Daily Mirror

Martin Lewis explains why energy bills could rise to £5,000 this winter

Martin Lewis appeared on This Morning to give Brits further clarification on the £2,500 energy bill freeze - and said it's possible for bills to reach £5,000 this winter

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Birmingham Post

Businesses 'will breathe sigh of relief' - West Midlands reaction to latest energy price cap

Price cap has been extended by UK government from domestic customers to companies as many feared winter bills could force them to close

The Independent UK

Labour demands answers on what Liz Truss knew about No 10 aide’s link to FBI probe

Angela Rayner urges cabinet secretary to reveal when PM told of allegations

The National (Scotland)

'Potential cliff-edge:' SNP slam Tories' plan to help businesses with energy costs

THE SNP have said that businesses are facing the “real potential of a cliff-edge” following the UK Government’s announcement of its plans to…

Bristol Post

Martin Lewis issues stamp duty advice to those due to pay fee ahead of expected cut

The mini-Budget, due to be announced on Friday, is believed to contain a cut on stamp duty as Liz Truss hopes to boost prosperity

The Guardian - UK

Our country yearns for unity - but Truss’s government is mercilessly dividing it into rich and poor

For the first time since the welfare state was created, the food bank will be our safety net and charity our last line of defence, says former prime minister Gordon Brown

Daily Mirror

New cost of living scheme announced today - how latest energy bills support will work

New help was announced today for shops, pubs, restaurants, schools and hospitals - and extra payments were unveiled for all the people who miss out on a £400 discount. Here's what we know

Wales Online

Liz Truss hasn't contacted Mark Drakeford since becoming Prime Minister

It is a long-standing tradition that the new Prime Minister calls the leaders of the devolved nations on the first day of their premiership — and King Charles also reportedly managed it within 24 hours of the Queen's death

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