Liz Truss has apologised for the “mistakes” she has made in her first few volatile weeks as prime minister – but insisted she will lead the Tories into the next general election. Speaking for the first time after almost all the tax cuts announced in last month’s mini-budget were scrapped, Ms Truss said: “I recognise
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Jeremy Hunt has told Sky News that he believes Liz Truss will still be prime minister at Christmas – despite five Conservative MPs already publicly calling for her to leave Number 10. In an interview with Sky News political editor Beth Rigby, the new chancellor called on Conservative MPs to “give her a chance”. He
Chancellor Jeremy Hunt will deliver parts of his medium-term fiscal plan later today, the Treasury has said. The Treasury said the chancellor was fast-tracking the plans, which will be released in full on 31 October. It said the decision followed conversations with Prime Minister Liz Truss over the weekend and a meeting with the governor
Conservative MPs have started to publicly call for Liz Truss to go as they do not believe she can survive the current political and economic crisis. Crispin Blunt, former chair of the Foreign Affairs Select Committee, was the first Tory MP to put his head above the parapet since Kwasi Kwarteng was sacked as chancellor
Jeremy Hunt has admitted the government went “too far, too fast” and that he will have to take some “very difficult decisions” on spending and tax to get the economy back up and running. Earlier, the new chancellor admitted there “were mistakes” in Liz Truss and Kwasi Kwarteng’s mini-budget in an interview with Sky News.
Manchester United footballer Mason Greenwood has been charged with attempted rape. Greenwood, 21, is accused of trying to rape a woman on 22 October last year. He is also alleged to have engaged in controlling or coercive behaviour over an almost three-year period from 1 November 2018 to 15 October this year. The footballer is
The prime minister is fighting for her political survival after ditching a major chunk of the mini-budget and sacking her chancellor and close ally Kwasi Kwarteng. But it is unclear whether Liz Truss’s gamble to stay in power will pay off, with financial markets remaining jittery and reports of a number of Tory MPs plotting to
Liz Truss has said “I want to be honest, this is difficult” after sacking her chancellor and reversing key policies of her government’s growth plan. In a news conference shortly after dismissing Kwasi Kwarteng, Ms Truss said: “The way we deliver our mission has to change.” But she said the “mission remains” to deliver a
Chancellor Kwasi Kwarteng has cut short his trip to the International Monetary Fund in Washington and is returning to the UK earlier than planned, as another major mini-budget U-turn is expected. Mr Kwarteng was due to attend a final day of meetings at the IMF’s annual gathering today. Instead, after a hasty briefing with journalists
As Liz Truss faces open revolt in her own party over her tax cut plans, her Chancellor Kwasi Kwarteng will today try and reassure the IMF that everything is under control. Ministers continue to be under pressure for the market chaos that erupted after the government announced its £45bn package of unfunded tax cuts last
A neonatal nurse accused of murdering seven babies left a handwritten note that read “I am evil. I did this”. On day four of Lucy Letby’s trial at Manchester crown court, the prosecutor Nick Johnson KC told jurors about a series of notes that the police found. On one green Post-it note, which was shown
A neonatal nurse killed two out of three triplet boys and smiled after killing another premature baby girl on the fourth attempt, a court has heard. Lucy Letby is charged with 22 counts of murder and attempted murder, involving 17 babies, and is alleged to have gone on a year-long killing spree at the Countess
The coronation of King Charles III will take place next year on Saturday 6 May, Buckingham Palace has confirmed. The religious ceremony will be held at London’s Westminster Abbey, and conducted by the Archbishop of Canterbury, Justin Welby. The King will be crowned alongside his wife, Camilla, the Queen Consort. It is thought the coronation
The Bank of England’s governor has ruled out extending its bond-buying support for pension funds beyond Friday’s deadline, prompting a dramatic fall in the value of the pound. Andrew Bailey told an event in Washington that funds had “three days left… to get this done” after a series of interventions to support the “dysfunctional” market
The government’s mini-budget has left it facing such a large black hole in the public finances that the most credible way of filling it is severe spending cuts similar to the kinds imposed during the austerity years a decade ago, according to an authoritative new report. The “Green Budget”, from the Institute for Fiscal Studies
The mother of murdered student Libby Squire has revealed that the “sexual predator” who raped and killed the 21-year-old has agreed to meet her. Lisa Squire told Sky News she is determined to find out what exactly happened to her daughter after she was abducted by Pawel Relowicz – and hopes to get answers by
Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest rate on a two-year fixed term mortgage is now 6.3%, according to data compiled by financial information company Moneyfacts. A similar rise has taken place in the average five year fixed term mortgage, which has
Police are urgently hunting the man who threw acid over television presenter Katie Piper after he was recalled to jail for breaching his licence conditions. Stefan Sylvestre, from Shepherd’s Bush, west London, was given a life sentence in 2009 for the attack and was told he must serve a minimum of six years before he
Power blackouts this winter are “extremely unlikely” this winter, Cabinet Office Minister Nadhim Zahawi has told Sky News. The Tory frontbencher also insisted there was no need for the government to spend £14m on an energy-saving public information campaign, given the advice already available. Mr Zahawi’s comments come amid concerns of power cuts with the
On the seat there was a sign. HRH Prince of Wales. Prince William, not his father, is now taking that place, but in his first speech as next in line to the throne there were distinct similarities with what we saw from the former heir. William reaffirming his dedication to an environmental cause, this time
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