Kwasi Kwarteng: Last News

Jeremy Hunt has been named Chancellor following the sacking of Kwasi Kwarteng.

Liz Truss is to hold a press conference today after she sacked Kwasi Kwarteng as chancellor over the mini-budget disaster that tanked the pound.

Prime Minister Liz Truss is to hold a press conference later on Friday, Downing Street has said.

As Prime Minister Liz Truss prepares to hold crisis talks over her controversial mini-budget, the future of the current government has become more uncertain.

Kwasi Kwarteng has paid the price for the chaos unleashed by his mini-budget as he was reportedly sacked by Liz Truss.

Kwasi Kwarteng is flying back to London for crisis talks with Liz Truss amid turmoil in the Tory party and economic chaos caused by his mini-budget.

Kwasi Kwarteng has cut his trip to the US short to fly home for 'crunch talks' with Liz Truss amid the expectation of another major mini-budget U-turn.

Kwasi Kwarteng did not commit to nor rule out a U-turn on corporation tax, despite growing pressure to abandon even more parts of the recent mini-budget which caused market turmoil.

Liz Truss was under fire from her own MPs as they demanded more U-turns on her tax-slashing agenda after she ruled out spending cuts to balance the books.

The Department for Work and Pensions (DWP) will announce the State Pension and benefits uprating next month following a scheduled annual review which takes place after the release of the September Consumer Price Index (CPI) inflation figures in October.

Ian Blackford has accused Liz Truss of "ignoring the damage and the chaos" of her mini-budget that plunged the markets into turmoil due to her unfunded tax cuts.

A warning from Liz Truss has come back to haunt her after footage showing her saying a tax cuts bonanza would lead to "boom and bust" was unearthed.

Kwasi Kwarteng will publish his financial strategy and economic plans earlier than expected, on October 31. It comes after the Chancellor faced mountain pressure to reveal his medium-term fiscal plan.

The government has confirmed when a decision will be made on whether or not to raise benefits in line with inflation or earnings.

Cocaine was found in toilets during raucous ­parties at the Tory party conference, the ­Sunday Mail can reveal.

In April this year, the government passed the Elections Act 2022 which will see photo ID required by voters in Great Britain for the first time.

HBO series Succession.On Monday (October 3), the Chancellor of the Exchequer said in a statement that “we get it and we have listened”, as he announced plans to scrap a controversial tax cut for those earning over £150,000 a year.His statement, however, was soon mocked on social media, with many comparing it to a speech given by Sarah Snook’s character Shiv Roy in Succession.In a season three episode of the hit show, Shiv used the phrase “we get it” while addressing Waystar Royco employees about a series of scandals that had hit the company.“As a #Succession obsessive, I’m really enjoying the tories leading with “We get it” on the 45p tax rate climb down. Is @lucyprebblish writing the script for our government now?” wrote one person.Another joked: “Does the UK government have the same PR advisers as Waystar Royco?”“Wasn’t ‘we get it’ literally the slogan Waystar went with in Succession after it came out that they’d done a bunch of shady things? And then ‘we hear you’ after their version of Siri was spying on people?” added another.As a #Succession obsessive, I'm really enjoying the tories leading with "We get it" on the 45p tax rate climb down.

Nicola Sturgeon has accused Liz Truss of "ranting" about her opponents during the Prime Minister's speech to the Conservative party conference today.

Prime Minister Liz Truss has defended her Government’s disastrous mini budget that nearly tanked the UK economy.

The Work and Pensions Committee has pressed Chancellor Kwasi Kwarteng to honour the commitment made by the former Chancellor, Rishi Sunak, to uprate benefits in April 2023 in line with the September 2022 Consumer Price Index (CPI) rate.

Despite coming into power just weeks ago, the current Conservative government is already facing pressure to call a general election after a chaotic few weeks.