The Latest Breaking News from Liz Truss

In the long line of UK government budgets, this first one from Labour in 14 years will be remembered as one of the more significant. Perhaps not like those of Geoffrey Howe in 1981, which controversially cut spending in the middle of a recession, or Hugh Dalton in 1946, which…

Warning from Institute of Directors comes as ratings agency Moody’s says budget will do little to improve growth

Darren Jones says ‘we’ve all got PTSD’ from Truss’s 2022 mini-budget, amid market jitters after this week’s budget

Treasury minister Darren Jones suggested the UK had ‘PTSD’ from Liz Truss’s mini budget, amid jitters from markets.

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

Labour’s first budget in 14 years appears to have avoided the Halloween nightmares that many predicted. Yes, the overall tax burden is at its highest level since 1948, but this budget’s tax and spend distribution is such that it spreads both the pain and the benefit. Most of the pain…

Voting has closed in contest to lead Britain’s Conservative Party after its crushing election defeat

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely