The Latest Breaking News from Kwasi Kwarteng

The Bank of England has expanded its emergency effort to stabilize the financial markets amid concerns the government’s plan to slash taxes pose a “material risk” to Britain's fiscal stability

The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said.

Labour urges chancellor to ‘end this trickle down nonsense’

In politics, character is electoral destiny: which is to say, the voters have to know what they’re getting. Ever since she announced her bid to succeed Boris Johnson, Liz Truss has presented herself as the heir to Margaret Thatcher; a politician who scorned backsliding, deplored the “drift and delay” of…

Institute for Fiscal Studies says it is not possible to deliver cuts on that scale through efficiency savings

Green MP Caroline Lucas urges chancellor to ‘come clean about dealings with Saudi oil giants’

A leading think-tank has predicted the UK Government will have to slash spending to fix the fiscal mess caused by Liz Truss and Kwasi Kwarteng.

CHANCELLOR Kwasi Kwarteng held undisclosed meetings with senior executives of Saudi Arabian firms when he was business secretary, according to…

Health secretary says there is limited scope for negotiation on 3% offer and she is ‘not anticipating further changes’