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Politics

Politics

‘I want to be honest, this is difficult’: Liz Truss confirms U-turn after sacking chancellor Kwasi Kwarteng

Liz Truss has said “I want to be honest, this is difficult” after sacking her chancellor and reversing key policies of her government’s growth...

by admin October 14, 2022
'I want to be honest, this is difficult': Liz Truss confirms U-turn after sacking chancellor Kwasi Kwarteng
Politics

Kwasi Kwarteng sacked as chancellor after mini-budget turmoil

Kwasi Kwarteng has been sacked as chancellor three weeks after his mini-budget unleashed chaos in the economy. He was appointed to the role by...

by admin October 14, 2022
Kwasi Kwarteng sacked as chancellor after mini-budget turmoil
Politics

Second major mini-budget U-turn as government set to raise corporation tax

The government is set to raise corporation tax despite promising not to do so in the mini-budget, Sky News understands. Chancellor Kwasi Kwarteng promised...

by admin October 14, 2022
Second major mini-budget U-turn as government set to raise corporation tax
Politics

Chancellor Kwasi Kwarteng lands back in UK ahead of expected corporation tax U-turn

Kwasi Kwarteng has landed back in the UK after leaving the US early as his future lies in the balance ahead of another potential...

by admin October 14, 2022
Chancellor Kwasi Kwarteng lands back in UK ahead of expected corporation tax U-turn
Politics

Chancellor to return to UK from US early as major mini-budget U-turn expected

Kwasi Kwarteng will return to the UK from Washington earlier than planned, as another major mini-budget U-turn is expected.

by admin October 14, 2022
Politics

Chancellor Kwasi Kwarteng insists he is ‘not going anywhere’ – and hints at mini-budget U-turn

The chancellor has insisted he is “not going anywhere” amid the economic turmoil – and when asked if he was about to do a...

by admin October 13, 2022
Chancellor Kwasi Kwarteng insists he is 'not going anywhere' - and hints at mini-budget U-turn
Politics

Chancellor Kwasi Kwarteng insists he is ‘not going anywhere’ and is ‘totally focused’ on growth plan

The chancellor has insisted he is “not going anywhere” amid the economic turmoil in the UK and said he remains “totally focused” on delivering...

by admin October 13, 2022
Chancellor Kwasi Kwarteng insists he is 'not going anywhere' - and hints at mini-budget U-turn
Politics

Discussions over scrapping parts of mini-budget under way in No 10, Sky News understands

Discussions are under way in Downing Street over whether to scrap some of the contentious proposals in the chancellor’s tax-cutting mini-budget, Sky News understands....

by admin October 13, 2022
Discussions over scrapping parts of mini-budget under way in No 10, Sky News understands
Politics

Liz Truss should watch out – many Tory MPs want her gone

The mood in the Conservative Party is moving really fast. Asked where Tory MPs’ heads are now in relation to Liz Truss, one replied:...

by admin October 13, 2022
Liz Truss should watch out - many Tory MPs want her gone
Politics

Kwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at home

As Liz Truss faces open revolt in her party over her planned tax cuts, her chancellor will today try to reassure the IMF that...

by admin October 13, 2022
Kwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at home
Politics

Foreign Secretary James Cleverly refuses to commit to mini-budget tax cuts ahead of chancellor Kwasi Kwarteng’s financial statement

The foreign secretary has refused to commit to the government seeing through all the tax cuts proposed in the chancellor’s contentious mini-budget. James Cleverly...

by admin October 13, 2022
Foreign Secretary James Cleverly refuses to commit to mini-budget tax cuts ahead of chancellor Kwasi Kwarteng's financial statement
Politics

Kwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at home

As Liz Truss faces open revolt in her own party over her tax cut plans, her Chancellor Kwasi Kwarteng will today try and reassure...

by admin October 13, 2022
Kwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at home
Politics

Bank of England confirms bond-buying programme will end on Friday

The Bank of England has confirmed its emergency bond-buying programme will end on Friday as planned after reports suggested it might extend the support...

by admin October 12, 2022
Bank of England confirms bond-buying programme will end on Friday
Politics

How significant is Liz Truss’s pledge on public spending cuts? | Sam Coates

Liz Truss has said publicly what Downing Street has said privately for some time: that there will “absolutely” be no public spending cuts. The...

by admin October 12, 2022
How significant is Liz Truss's pledge on public spending cuts? | Sam Coates
Politics

Jacob Rees-Mogg says he has ‘confidence’ in Bank of England governor Andrew Bailey but disputes pension funds ‘at risk’

Jacob Rees-Mogg has declared his confidence in the governor of the Bank of England, but disputed that pension funds are at “systemic” risk. Speaking...

by admin October 12, 2022
Jacob Rees-Mogg says he has 'confidence' in Bank of England governor Andrew Bailey but disputes pension funds 'at risk'
Politics

Government plans cap on revenues of renewable energy firms

Renewable energy generators and nuclear power plants face having their revenues capped as part of new government legislation. The Energy Prices Bill will be...

by admin October 11, 2022
Government plans cap on revenues of renewable energy firms
Politics

Kwasi Kwarteng promises ‘relentlessly upbeat’ economic plan as Tories warn him not to burden the poorest

Kwasi Kwarteng has promised his upcoming economic plan will be “relentlessly upbeat” as some of his own MPs seemed doubtful of his direction. Speaking...

by admin October 11, 2022
Kwasi Kwarteng promises 'relentlessly upbeat' economic plan as Tories warn him not to burden the poorest
Politics

Keir Starmer sacks chief of staff as he moves Labour to an ‘election footing’

Sir Keir Starmer has sacked his chief of staff as part of a major restructuring of the Labour leader’s office as he moves the...

by admin October 11, 2022
Keir Starmer sacks chief of staff as he moves Labour to an 'election footing'
Politics

Therese Coffey says Britons should ‘be assured’ by UK’s finances – as Bank of England makes second intervention in two days

Therese Coffey has said Britons should “be assured” by the UK’s finances – as the Bank of England made its second intervention in the...

by admin October 11, 2022
Therese Coffey says Britons should 'be assured' by UK's finances - as Bank of England makes second intervention in two days
Politics

Parliament to return after mini-budget turmoil, with Kwarteng set to face MPs

MPs will return to Westminster on Tuesday after a chaotic conference season, with the chancellor set to face questions for the first time since...

by admin October 10, 2022
Parliament to return after mini-budget turmoil, with Kwarteng set to face MPs
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