Kwasi Kwarteng: Last News

Kwasi Kwarteng has hit out at Liz Truss calling her decision to sack him as Chancellor of the Exchequer "mad" during the final days of her premiership.

Over 60,000 Scots homes face a higher risk of repossession due to the Tory mortgage “bombshell”.

An SNP MP's bid to have the draft economic forecast sent to the Tory Government before its disastrous mini-budget published has been upheld.

Legacy blue ticks have started being removed from Twitter, with thousands of celebrities hit by the sudden change.

The Chancellor will announce the Spring Budget soon which may have a direct impact on your personal finances.

An SNP MP has denied a report he is mounting a leadership challenge against party Westminster chief Ian Blackford.

Jeremy Hunt will deliver the Autumn Statement on Thursday, where he is expected to raise taxes and cut public spending in order to balance the books. The Chancellor of the Exchequer has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made following the disastrous mini-budget in September.

The cancellation of the 1.25 percentage point rise in National Insurance came into effect on November 6. When announcing the reversal, the Treasury said most workers will receive a cut to their National Insurance Contribution directly via their employer’s payroll in their November pay, although some may be delayed to December or January.

Rishi Sunak has again refused to commit to raising benefits and the state pension in line with inflation.

Jeremy Hunt has been urged to rethink his plan to raise alcohol duty amid warnings it could risk jobs in Scotland's vital food and drink sector.

Liz Truss announced her resignation as the UK's prime minister on Thursday after just 54 days on the job. Jeremy Clarkson has since branded the Conservative leader a "nightmare" but is admittedly confused by the electorate's reaction.Speaking out in his latest column for The Sun, the former Top Gear presenter admitted he was shocked by Brits fury at Ms Truss' manifesto on taxation.The prime minister, who has since quit her role, pledged to cut taxes but was forced to make a drastic U-turn after sparking an economic downturn, and ultimately was forced to sack chancellor Kwasi Kwarteng.Jeremy, 62, has since claimed he thought Britons would be rushing off to the pub to celebrate the tax cut announcements."But they didn’t.

Boris Johnson.The actor and comedian seemed to feel there was nothing funny about the prospect of him returning, however slim. Johnson, who reportedly rushed back from a holiday in the Bahamas after being alerted to the political turmoil of the Tory Party following the resignation of Liz Truss, is now said that he will give his best shot at running again.Truss had declared that it was unsustainable for her to remain in the leadership seat after so many of her policies - including the ill-fated mini-budget she'd put together with ex-Chancellor Kwasi Kwarteng - had been reversed.One poll suggested that 55 percent of Tory MPs were keen to see the return of Boris Johnson - and a panicked-sounding Stephen Fry took to Twitter to explain how he'd feel if his worst fears were realised."Allow me to add F**K NO! Never ever ever. Hell’s teeth and a bucket of blood," he exclaimed.The passionate actor added in view of his 12.5 million followers: "Seriously, what kind of resistance can we engage in to stop this imponderably catastrophic eventuality?"I love my country: to see it being shafted by this unspeakably squalid moral vacuum … HELL NO." (sic)He even tagged Boris Johnson in his rant, exclaiming: "No @BorisJohnson no no no no no NO! Under absolutely no circumstances.

Liz Truss has resigned as Prime Minister less than six weeks after she was appointed.

Scottish Tory leader Douglas Ross has claimed the “optics” of the chaos surrounding Liz Truss’ Government are “awful”. Ross said the Tory Government would “deal” with bread and butter issues like mortgages, weeks after Truss and her colleagues tanked the UK economy.

Liz Truss is out as UK Prime Minister and leader of the Conservative Party following weeks of political chaos in Westminster.

Liz Truss’ difficult week is going from bad to worse. A former aide has claimed the under fire British Prime Minister’s advisers would lie about deaths in her family so she could miss appearing on British current affairs program Question Time.

Liz Truss - you can not Romaine.As lacklustre Liz’s vegetable government rolls slowly towards an iceberg of its own making, The Star took it upon itself to say what we’re all thinking: “Hand in your Lettuce of Resignation, Liz!”And although our emerald emissary was cruelly barred from the gates of No.10, everyone they met agreed that our wet lettuce leader’s salad days were behind her.READ MORE: Daily Star's viral Liz Truss Lettuce becomes latest 'celebrity' to join Cameo“Maybe a few more weeks,” said Olivia Birch, “I don’t know, for her sake.”Her mum Melanie gave Truss little hope of making it past, “a second lettuce. Maybe?” Most people The Star chatted with reckoned you could count the number of lettuce lifespans Lame Duck Liz has left on one hand.

Kate Garraway, 55, has battled the trauma of her long Covid suffering husband Derek Draper's health setbacks, and on top of that has been aghast at the current state of British politics.

Martin Lewis has issued a warning as the energy price cap is predicted to rise above £4,000 next year. The cap, which regulates the amount that 24 million households pay for their gas and electricity, was replaced by the government's Energy Price Guarantee in October.

New Chancellor Jeremy Hunt has said he believes Liz Truss will still be Prime Minister at Christmas - despite five Tory MPs already publicly calling for her to step down.

Liz Truss has apologised for her 'mistakes' and has pledged to lead the Tories into the next general election as she fought for her job after ditching her tax-cutting plans. The Prime Minister said she has 'adjusted what we’re doing' after the Government’s fiscal policies spooked the markets.