In a bitter parting shot to PM Liz Truss, former Chancellor Kwasi Kwarteng has told close allies he believes she has only bought herself ‘a few weeks’ and that mutinous Tory MPs’ ‘wagons are circling’. Ms Truss launched a desperate effort to save herself yesterday as she sacked Mr Kwarteng and made another major U-turn on … Read more
LIVE Liz Truss sacks Kwasi Kwarteng – as it happened: How PM replaced Chancellor with Jeremy Hunt and made corporation tax U-turn By Alastair Lockhart and Stewart Carr For Mailonline Published: 13:03 BST, 14 October 2022 | Updated: 16:59 BST, 14 October 2022 See MailOnline’s coverage after Liz Truss sacked Chancellor Kwasi Kwarteng following his … Read more
Liz Truss was grilled about her own mortgage and her 45p tax rate u-turn in an awkward exchange with Sky News presenter Beth Rigby today – after turning up to the interview in trainers. Mortgage rates have risen by nearly a whole percentage point in the two weeks since Kwasi Kwarteng’s mini-Budget, figures have revealed. … Read more
The pound lost its earlier gains against the dollar after Kwasi Kwarteng resisted calls to ask the Office for Budget Responsibility (OBR) to bring forward its economic forecasts. The pound fell 1.5 per cent against the dollar to $1.10, following a key meeting between the Prime Minister, Chancellor and officials from the independent spending watchdog … Read more
ALEX BRUMMER: Kwasi Kwarteng delivers a genuine Tory Budget that spells the end of Treasury doomsters By Alex Brummer for the Daily Mail Published: 22:00 BST, 23 September 2022 | Updated: 22:02 BST, 23 September 2022 The boldness and courage of Kwasi Kwarteng’s debut Budget is seismic. By taking a hatchet to taxes and placing growth … Read more
Liz Truss LIFTS ban on fracking despite fears it can cause earthquakes saying it is vital to boost UK energy security – as firms mull offering 25% discounts on bills to get local residents to approve drilling near homes The Prime Minister told MPs the moratorium in place since 2019 will be lifted Told Commons … Read more
Labour demands general election and insists Tories need to seek fresh mandate from electorate after choosing new leader Liz Truss MP Wes Streeting said Liz Truss’s pledges differ markedly from Tory manifesto The health spokesman said she should ask public ‘for their consent’ to govern New Prime Minister Liz Truss said she plans to lead … Read more
Top Tory fundraiser resigns in wake of Liz Truss victory and gives new leader her first problem in office Ben Elliot, a close ally of Boris Johnson, announced he was stepping down Mr Elliot led the drive to amass a £56millon war chest during the 2019 election It allowed the party to comprehensively outgun Labour … Read more
Unite behind Liz Truss… or lose at the ballot box: Senior Tories including former Prime Ministers Boris Johnson, Theresa May and David Cameron call on party to rally behind new leader Conservative MPs have said the party must get behind new leader Liz Truss Sir Iain Duncan Smith warned that if infighting continued it would … Read more
After farewell to No. 10, is it the quiet life for Boris Johnson? Former Prime Minister will skip Tory party conference to keep low profile after ousting, allies say Boris Johnson is hoping to spend the next weeks ‘representing his constituents’ A source said Johnson is also likely to skip the Conservative Party Conference His wife … Read more
EU welcomes Liz Truss following her Tory leadership triumph… but vows to stand firm over Northern Ireland Ursula von der Leyen will not compromise on the Northern Ireland protocol Emmanuel Macron said: ‘We are ready to work together as allies and friends’ Latvian premier Krisjanis Karins said he values the UK’s stance on Ukraine By … Read more
LIVE New Prime Minister LIVE: Boris Johnson heads to Balmoral to meet the Queen after final farewell speech on steps of Downing Street with Liz Truss set to address nation later By Chay Quinn For MailOnline Published: 06:47 BST, 6 September 2022 | Updated: 09:04 BST, 6 September 2022 Share or comment on this article:
Chancellor Nadhim Zahawi today admitted he is ‘deeply concerned’ that Britons could freeze from the cold this winter due to the soaring price of gas and electricity. With average energy bills set to rocket to £3,549 a year from next month – and with costs set to rise even further next year – Mr Zahawi insisted … Read more