The Latest Breaking News from Liz Truss

The chancellor is plunging toward the approval rating of Kwasi Kwarteng in the wake of the September 2022 financial statement

Just one in five voters believe Rachel Reeves is doing a good job, as chancellor’s approval rating plunges towards that of her predecessor Kwasi Kwarteng prior to him being sacked

At first glance, Anthony Scaramucci and Dominic Sandbrook make an unlikely duo. One – known to friends and detractors as ‘The Mooch’ – is a silver-tongued businessman with quiffed hair and an Italian-American twanged voice, whose 11 day stint as Donald Trump’s communications director in 2017 in his first term…

Much has been said about UK chancellor Rachel Reeves’ self-imposed fiscal rules, and her repeated assertion – which she included in the spring statement – that they are “non-negotiable”. Of course, this is true if you’re not prepared to listen to alternatives, but in the real world there is no…

Chancellor delivers a spring statement strong on wishful thinking and light on compassion for those hit by cuts

Rachel Reeves has delivered her economic update – here are the main points, with political analysis

Reeves-watchers are still divided over whether her tough approach is pragmatic or the result of deeply seated beliefs

The Conservative leader isn’t convincing fellow Tories that she possesses a viable route map to recovery

Chancellor to tell party she is making steep cuts to avoid similar fallout to that which followed 2022 mini-budget

Chancellor has very little headroom within her fiscal rules but is keen to keep Office for Budget Responsibility on side

Surge in national debt and NHS backlog altered the economy and expectations around crisis management