The Latest Breaking News from Kwasi Kwarteng

Chancellor resists calls for ‘reset moment’ for economy despite OBR promising forecast next Friday

Market turmoil sparked by mini-budget saw banks scrambling and 1,688 home loans pulled from shelves

The Prime Minister insisted Chancellor Kwasi Kwarteng was right to act to get the economy moving.

ONE of Liz Truss’s ministers has said “anyone paying attention” to the Tory leadership election would know she had planned to cut taxes.

The new prime minister began September promising a ‘new era’ for Britain. One economic crisis later, she has delivered

Some polls have given the party a 30 point lead plus over the Conservatives

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

Editorial: Liz Truss’s policies have put the Tories behind Labour by 30 points. Without reversing course she will be in office but not in power

More than half of Britons think Liz Truss should quit as UK premier, according to a YouGov poll that adds to her woes less than a month into the job.

Labour has a brief window to sear a narrative into the public’s mind, so the Conservatives are saddled with this crisis for years, says Guardian columnist Jonathan Freedland

The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains…