The Latest Breaking News from Kwasi Kwarteng

There were audible gasps in the chamber as Paul Howell snapped, with Labour trio Lisa Nandy, Sarah Owen, and Paula Barker seen looking shocked at the unseemly outburst

The Chancellor has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made.

The chancellor insists Britain has to ‘live within its means’ – but many economists say painful cuts are neither inevitable nor proven to work

Lisa Nandy says it would be ‘abhorrent’ for ex-PM and ex-chancellor to keep five-figure sums after disastrous mini-budget

The question which is torturing Rishi Sunak and Jeremy Hunt will soon confront the Labour Party. In the Autumn Statement on Thursday the Chancellor will reveal his decisions on taxation. Even allowing for the fact that spending cuts are coming, the burden of taxation will have to fall somewhere. The…

The Chancellor will unveil measures to "put our public finances on a sustainable trajectory" after investors were spooked by Kwasi Kwarteng's budget.

Jeremy Hunt will deliver his autumn statement on Thursday and has already warned the public to expect tax rises.

The scale of the UK’s economic crisis was laid bare by a warning from economists

The situation is dire but it wouldn’t be so bleak if it wasn’t for Liz Truss and Kwasi Kwarteng’s mini-budget that took the country to the edge due to its unfunded tax cuts for the richest in society.

The Prime Minister said his Chancellor will unveil measures on Thursday that will ‘deliver on the expectations of international markets’.

The Prime Minister said Chancellor Jeremy Hunt will unveil measures on Thursday that will ‘put our public finances on a sustainable trajectory’.