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‘It’s a matter of survival for her now’ – would ousting her chancellor be enough to save Truss?

Discussion is happening at all levels in the Conservative party about whether the prime minister can survive – even if she replaces her chancellor. As...

World

Bank of England to stop government bond-buying scheme today

Pressure on gilts - UK government bonds - eased on Thursday as the Bank of England sought to steady market sentiment by increasing its...

World

Senior Tory MPs pressuring Liz Truss to reconsider tax cuts

Some senior Conservative MPs have said that the government may need to reconsider its tax-cutting proposals in order to calm the financial markets and...

World

Mortgage guarantee scheme: Lenders push Chancellor Kwasi Kwarteng for extension

The UK's biggest mortgage lenders will urge the chancellor to extend a government home loans initiative that helps first-time buyers get onto the property...

World

Mini-budget U-turn: Kwarteng acknowledges ‘tough’ day in conference speech

Giving his keynote Conservative Party conference speech following the 45p tax rate cut U-turn earlier this morning, Kwasi Kwarteng began by saying: "What a...

World

Kwasi Kwarteng changes his mind about a 45-cent tax rate

The chancellor stated that the government has changed its mind about wanting to eliminate the 45p income tax rate. Kwasi Kwarteng told the BBC the...

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Dorries alleges that Truss threw Kwarteng ‘under a bus’

Former culture secretary Nadine Dorries has said that Liz Truss has "thrown under a bus" her chancellor, Kwasi Kwarteng. It comes after a morning interview...

World

Tax cuts pledge: Liz Truss acknowledges disruption

After the mini-budget, Prime Minister Liz Truss acknowledged there had been "disruption" in the UK economy. She declared in a letter to The Sun that...

World

Autumn storm clouds are thickening thanks to Truss and Kwarteng’s mini-budget

For more than six decades, some of the UK's most devastating economic events have happened under an autumn cloud. Is history repeating itself? The poet...

World

Liz Truss had to be convinced to issue statement amid market turmoil after mini-budget

The prime minister's initial instinct had been to stand firm and say little or nothing while faced with market turmoil, spiking borrowing costs, and...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia