The Latest Breaking News from Nigel Lawson

Chancellor hopes to emulate Thatcher’s chancellor Nigel Lawson with bonfire of red tape, but move had its critics

Global Warming Policy Foundation provides ‘objective view’, ex-Brexit minister argues

Rishi Sunak is set to be our new Prime Minister and Tory dreams and fantasies may finally be coming to an end. For political parties, such bubble-bursting can be painful. Nigel Lawson’s boom in the late Eighties was followed by a prolonged bust. The “no more boom and bust” promises…

Economists soon saw through Truss and Kwasi Kwarteng’s plans for billions of unfunded tax cuts to benefit the rich

Tax cuts to cost Treasury around £37bn in 2023-24, official figures reveal

The Institute for Fiscal Studies also warned the Government’s dash for growth may not deliver on anything like the scale hoped for

After sacking the his top official, the new chancellor’s next act was politically crass and insensitive. It does not bode well

Her rival for the Tory leadership, Rishi Sunak, said he was telling the country what it needs to hear about the future.

Liz Truss is expected to be named Prime Minister after a summer of vicious infighting. Her rival Rishi Sunak has landed a string of damaging blows along the way which could pose problems for the Tories

The ex-vaccines minister appears to be the equivalent of a caretaker football manager, with Kwarteng waiting in the wings

Sunak and Truss have no grasp of how low personal taxation is now – or how much a battered Britain needs public spending