Tag: mini-budget
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I told Liz Truss she was going too fast, says Kwasi Kwarteng
Former chancellor Kwasi Kwarteng has said he warned Liz Truss she was going too fast with her ill-fated economic plans.In his first interview since...
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How the markets punish Britain’s and Ghana’s reckless politicians
This week Ghana’s Finance Minister Ken Ofori-Atta faces calls to quit by his own party’s MPs. Why did it come to this?At the annual...
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Investors believe Sunak will stick to Hunt’s budget, thus gilts are back on track
The gilt market was returned to its pre-Liz Truss mini-budget level shortly after Rishi Sunak was declared as Tory leader.Gilts, or UK government bonds,...
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Prime Minister to keep Jeremy Hunt as chancellor – Former deputy governor of the Bank of England
The former deputy governor of the Bank of England says the future Prime Minister will have to keep Jeremy Hunt as chancellor.
Prof Charlie Bean...
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Government borrowing soars, as retail sales fall far more than predicted
Surging inflation means the cost of servicing government debt hit a record level last month, according to figures from the ONS, which also reported...
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‘The Prime Minister has my full support,’ says Rees-Mogg
Liz Truss has the "full support" of Jacob Rees-Mogg ahead of a cabinet meeting in Downing Street this morning.Mr Rees-Mogg told Kay Burley that...
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Pat McFadden: The Conservatives have “lost all economic credibility”
Earlier today, Armed Forces Minister James Heappey stated that the mini-budget was approved by the entire cabinet.He stated that the full cabinet had agreed...
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Body language expert: Truss performance in the Commons lacked ’emotional intelligence
Prime Minister Liz Truss went into "waxworks mode" in the Commons Wednesday and her performance lacked "emotional intelligence", according to body language expert Judi...
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Liz Truss: ‘I will lead Conservatives into the next general election’
Liz Truss has insisted that she will lead the Conservatives into the next general election, despite U-turns that have left her fighting for her...
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PM leaves Commons after only half an hour
Liz Truss has departed the chamber after only being there for about a half hour.Before leaving, the Prime Minister, who was nowhere to be...
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