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‘The PM is in charge’, says Hunt – who wants to hold on to as many of her tax cuts ‘as possible’

Meanwhile, new Chancellor Jeremy Hunt has been speaking to the BBC on his second day on the job. He said "actions speak louder than words"...

Macleod to Kwarteng: The two Conservative Chancellors who spent less than 40 days in office

Following his nomination, Kwasi Kwarteng served as Chancellor of the Exchequer for just 38 days before being fired on Friday, October 14. This makes...

Jeremy Hunt to meet Liz Truss at Chequers to discuss economic plans

Prime Minister Liz Truss and Chancellor Jeremy Hunt will meet at Chequers today in an effort to restore the government's economic confidence. Mr Hunt, who took over for Kwasi Kwarteng, stated in a statement that his priority was growth "underpinned by stability." He warned of possible tax rises and savings in public spending, saying the mini-budget went "too far, too fast". Pressure is growing on Ms Truss,...

Tributes stream in for Sir David Amess on first anniversary of his murder

Today marks the first anniversary of Sir David Amess's murder, which occurred during a constituency surgery at Belfairs Methodist Church in Leigh-on-Sea, Essex. Liz Truss...

Cabinet members back Liz Truss after shake-up

Last night, after news emerged that Kwasi Kwarteng had been sacked as chancellor, several cabinet members spoke up in support of the prime minister. Business...

Why Kwasi Kwarteng was sacked as UK’s Chancellor of the Exchequer

After being in office for 38 days, Kwasi Kwarteng, the British-born politician of Ghanaian parentage was sacked by Prime Minister Liz Truss as the...

Government intensifying talks to ensure gas supplies ahead of the winter demand surge

Whitehall officials are negotiating with companies including Cheniere and Venture Global amid intense pressure on Liz Truss’s administration to bolster Britain’s energy security, Sky...

Not all Conservative MPs are pleased with Truss’s U-turn on company tax

Chris Loder, a Conservative MP and Liz Truss supporter has expressed "disappointment" with the prime minister's decision on corporation tax. Earlier this afternoon, the Prime...

‘I have accepted’ – Kwasi Kwarteng’s emotional statement after his sack

Kwasi Kwarteng has written to the Prime Minister of the UK, Liz Truss, indicating that he has accepted her decision to sack him. The outgoing...

How have the markets reacted today

The Bank of England's help with the markets has finished today (see 4.04 pm post). But what have today's events done to the markets? As Sky...

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