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The Latest Breaking News from Kwasi Kwarteng

Liz Truss cabinet predictions: who could be in and who would lose out?

Analysis: Kwasi Kwarteng and Thérèse Coffey could be among the big winners if Truss becomes PM

The Guardian - UK

The Greenwich gang: how the south-east London borough became the spiritual home of Trussism

A leafy corner of the staunchly Labour district has become a hotbed of rightwing Tories backing Liz Truss for Conservative leader

The Guardian - UK

UK energy bills ‘set to cost two months’ wages’, ministers warned

TUC calls for October energy price cap rise to be cancelled as chancellor tells firms to invest ‘extraordinary profits’

The Guardian - UK

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Truss 2, Kwarteng 164: wide variance in ministers’ declared meetings

Analysis also finds Priti Patel was only minister to register receiving hospitality at Tory party conference

The Guardian - UK

Which energy firms met Boris Johnson – and how big are their profits?

Vital statistics on power-generation firms suspected of having cashed in on high energy prices

The Guardian - UK

Energy firms ‘agree to do more’ to help vulnerable as bills surge - but no new measures announced after crisis meeting

The meeting comes as average annual bills are expected to climb to over £3,500 a year from October, and £4,266 in January

Evening Standard

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

The Guardian - UK

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Burning imported wood in Drax power plant ‘doesn’t make sense’, says Kwarteng

Drax power plant has taken £5.6bn in subsidies from energy bill payers but business secretary says practice is ‘not sustainable’

The Guardian - UK

Martin Lewis and Gordon Brown pile pressure onto Tories as bills could hit £5000

THE UK Government is coming under more pressure than ever before to get its act together and take action over the ever-growing energy bill crisis.

The National (Scotland)

UK energy bills could top £5,000 in April, bleak new forecast says

Prediction comes as ministers are set to press energy companies for a solution

The Independent UK

Wait until the autumn for more help on energy bills, says minister

There are growing calls for Boris Johnson and the two Tory leadership contenders bidding to replace him to act now to alleviate a ‘national emergency’

Evening Standard

Rishi Sunak ‘dug heels in’ to resist changes to Brexit red tape, Liz Truss allies claim in fresh attack

Kwasi Kwarteng and Simon Clarke accuse former chancellor of pushing ‘Labour-lite economic policy’

The Independent UK

Rishi Sunak and Liz Truss compete for Tory members’ support in Cheltenham leadership hustings – as it happened

The two candidates are bidding for support from Conservative party members ahead of the final vote for the next PM

The Guardian - UK

Crunch energy talks today as Tories threaten windfall tax - but Liz Truss doesn't want it

Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng will meet energy firms today and a new windfall tax is thought to be on the table - despite likely PM Liz Truss rejecting the idea

Daily Mirror

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The Independent UK

Ministers to hold crunch talks with energy bosses over winter price hikes

The Chancellor will press energy company executives to share breakdown of their finances to tackle cost-of-living challenges

The Independent UK

Power companies join clamour for government action on energy bills

Call for urgent action on ‘cataclysmic’ price hikes to avoid damage to mental health

Nottingham Post

Martin Lewis warns cost of living 'national crisis' causing 'cataclysmic' risk of lives

“What we’re facing here is a financial emergency that risks lives."

Evening Standard

Government is watching unprecedented profits, energy companies told

Talks are to be held between the Chancellor, Business Secretary and energy bosses

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The Guardian - UK

UK ministers to meet energy bosses amid talk of toughening up windfall tax

Government admits any policy decisions unlikely to be made before new prime minister announced

Daily Mirror

Distraught Martin Lewis warns Tory 'bull' on cost of living 'national crisis' risks lives

Money Saving Expert Martin Lewis warned the cost of living is a 'national crisis' like Covid and Rishi Sunak and Liz Truss's plans could 'leave millions destitute and in danger this winter'

The National (Scotland)

Chancellor set for crisis talks with energy companies as bills soar

ENERGY sector bosses are set to take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng.

Birmingham Post

Pensana appoints project delivery team leads as $10m equity investment confirmed

Next steps after milestone ground-breaking made

Birmingham Post

Orsted to welcome new installation vessel for Hornsea Three as auction deal signed with Business Secretary

Danish collaboration agreed as Orsted turns to Cadeler again with XL scale-up for larger foundations

The Guardian - UK

Sizewell C nuclear plant approval faces legal challenge

Together Against Sizewell C argue permission given by government for power station was granted unlawfully

The Guardian - UK

Labour attacks ‘zombie government’ as Boris Johnson returns from holiday

PM criticised for nearly week-long break in Slovenia after 15 Whitehall consultations left unanswered

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