The Latest Breaking News from Liz Truss

After last year’s tax-raising budget, UK chancellor Rachel Reeves assured the public that Labour had “wiped the slate clean” and would not be coming back for more. And yet this year, the chancellor froze tax thresholds and introduced several other tax-raising measures in a budget that was called “brutal” even…

The chancellor can only hope for an upturn in the government’s fortunes before tax increases kick in, says Guardian columnist Larry Elliott

After initial chaos caused by OBR leak, London financial traders say markets do not appear to have been upset

Hugely influential traders will be hanging on the chancellor’s every word when she announces her budget

This tale of one family’s six-year ordeal just highlights what an unserious country Britain became in that era. The cast, including Joseph Fiennes, are excellent

THE INDEPENDENT VIEW: Editorial: The Covid inquiry’s conclusion that the needless loss of 23,000 lives was due to government decision-making at the start of the pandemic, made worse by the toxic and chaotic leadership of Boris Johnson, has yet to make many leading Tories of the day sufficiently penitent

The grim finding for the Chancellor comes despite the UK economy outpacing France, Germany and Italy

After 14 years of Tory rule, the Guardian’s parliamentary sketch writer thought he had seen it all. Westminster would surely tick along nicely once Keir Starmer’s party took over. How wrong he was ...

When dual national Nazanin Zaghari-Ratcliffe was imprisoned, her husband went on hunger strike – to force Britain to act. Narges Rashidi and Joseph Fiennes reveal how they brought their nightmare to the small screen

It was hoped manifesto-breaking tax rises might bring down borrowing costs – but party turbulence is likely to spook investors

The move would break one of Labour’s core manifesto promises in an attempt to close the black hole in public finances Reeves’ government inherited