Kwasi Kwarteng: Last News

The government has confirmed that millions of households all across the UK will soon receive the second instalment of the £650 cost of living payment.

Conservative Party conference in Birmingham on Monday where Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are facing tough questions about their controversial tax-cutting mini budget announced last week.  Former Made In Chelsea star Georgia was seen hanging around the event alongside Stanley, who is father of former Prime Minister Boris Johnson.

Martin Lewis has set the record straight after the government released some 'irresponsible' advice for first-time buyers. The Money Saving Expert founder was back at the helm of Good Morning Britain alongside Susanna Reid on Monday (September 3) to offer his expert advice in a special cost of living episode.

Nicola Sturgeon has accused the Conservatives of "utter ineptitude" after the UK Government announced it would no longer cut the top rate of income tax for millionaires.

UK newspaper The Mirror has apologised for its “terrible error” after mistakenly including a picture of the wrong person in a story about the new Chancellor of the Exchequer Kwasi Kwarteng. 

As the Prime Minister Liz Truss was grilled by Laura Kuenssberg, viewers questioned whether she REALLY understands that 'people are worried'. The PM was quizzed by the BBC presenter on Sunday morning (October 2).

This year continues to be a difficult one for many, especially Manchester’s hospitality businesses. While the cost of living rises for domestic households are starting to be felt, Manchester’s restaurants, bars and pubs have also been feeling the strain as the cost of ingredients soars along with their energy bills and general operating costs.

Prime Minister Liz Truss admitted that it will be a “difficult winter” for the UK hours before the new energy price cap came into force from today (Saturday, October 1). But she defended the mini-budget revealed earlier this week despite the “disruption” the plans caused.

The Scottish Government has asked for an urgent meeting with the Chancellor to discuss "reversing the damaging effects of the UK Government's tax proposals".

An Ayrshire mortgage advisor admits the country's economic turmoil has left him feeling more like a counsellor to worried clients.

The independent fiscal watchdog will deliver a forecast to the Chancellor next week as the fall-out from the mini-budget continues.

Alister Jack has claimed the biggest tax cuts in the United Kingdom since 1972, funded by £72 billion a year in borrowing, are "small".

A Tory minister has been mocked after he refused to accept that Liz Truss and Kwasi Kwarteng were "peddling fantasy economics" during the mini budget.

Loose Women panellist Charlene White.The 42-year-old, who was born in Greenwich, London, has always been vocal about matters that are important to her, and her tweet on September 27 discussing her treatment as a black woman growing up in London was no different.ITV News anchor Charlene White tweeted: “For most of my childhood I dealt with other kids calling me a ‘Bounty’ cos of the way I spoke, and dealt with adults mocking what they called my ‘posh’ accent.“Their point? I wasn’t black enough.“Black British people are not a monolith. Despite what people may want you to think.”Her strongly worded tweet detailing her personal experience came after Labour MP Rupa Huq was administratively suspended pending an investigation after she claimed that Kwasi Kwarteng was "superficially" black.The MP for Ealing Central and Acton made the remarks about the UK's first black chancellor at a Labour conference fringe event on Monday entitled "What's Next for Labour's Agenda on Race?".Having apologised for her “ill-judged” comments, the conversation surrounding Rupa’s words has continued, with members of the public and celebrities like Charlene bravely sharing their own experiences.Having gained more than 3,000 likes on the tweet and 347 retweets, many users also took to the comments section to react to Charlene's personal insight.User @sharlouise commented: “The amount of times at school I got called a coconut then in adulthood got told ‘you don’t sound black’ ‘you don’t act black’ ‘you don’t look black’ it’s so draining.”Another Twitter user, @newneo, added: “Yep, used to get told I wasn’t black enough because of some of the things I liked.

During a time of financial crisis there is one person that many people turn to for advice - and that is Martin Lewis. The Money Saving Expert founder often offers reliable, up-to-date guidance for those struggling in the midst of the cost of living crisis, but today (September 28) it appeared the finance guru became lost for words.

The Scottish Conservatives have been accused of "hypocrisy" for supporting Liz Truss's tax cuts for the wealthy, despite several MSPs refusing to vote for her as leader. A group of prominent Tories endorsed Rishi Sunak's leadership campaign - which promised a focus on tackling inflation - before quickly embracing the new Prime Minister after the former Chancellor lost earlier this month.

MP Rupa Huq has been suspended from the Labour Party after she was heard describing the chancellor, Kwasi Kwarteng, as "superficially" black.

A beautiful new photograph of the late Her Majesty the Queen has been released. In the black and white picture is a young Queen Elizabeth looking up at the camera.The portrait was taken by Dorothy Wilding, and was the first official sitting of the late monarch after she took the throne.The release of the photo comes as the Royal Family return to their duties today, Tuesday 27 September.

First-time buyers are amongst those struggling to afford their own home amidst the cost of living crisis. According to Rightmove, the average monthly mortgage payment for new first-time buyers who are putting down a 10 per cent deposit has now reached £1,057.

The pound has fallen to a record low on international currency markets after Kwasi Kwarteng, announced the UK’s biggest tax cuts in 50 years last Friday.

Tory tax cuts for the richest have left the UK's public finances in "a very dangerous place", John Swinney has warned.