Kwasi Kwarteng: Last News

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.

PIERS Morgan will make his Question Time return in days - and he's revealed why he's so excited for the show. The TalkTV host will join the panel in London on Thursday, just days after Liz Truss ditched scrapping the 45p tax rate.

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.

GOOD Morning Britain viewers all had the same complaint after a technical blunder interrupted Martin Lewis’ rant at an MP. The money expert, 50, interviewed Chief Secretary to the Treasury Chris Philp amid the cost of living crisis. It comes after Prime Minister Liz Truss today ditched scrapping the 45p tax rate in a humiliating climb down.

ACTRESS Denise Welch’s husband sealed a £3million deal for six paintings with a US buyer after the pound plunged against the dollar. British artist Lincoln Townley, 49, benefitted from sterling’s collapse last week after the New York-based punter agreed to buy the artworks – part of his ‘energy’ collection depicting greedy bankers – at a favourable exchange rate.

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).

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. 

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.

Liz Truss could be planning her leaving do very soon, according to a leading psychic.Truss, who started her role as PM and leader of the Conservative Party on September 6, has been embroiled in controversy having tanked the UK economy last week thanks to Chancellor Kwasi Kwarteng's mini-budget.And having had given a terrible round of media interviews to several local BBC radio stations earlier today, world-renowned psychic Inbaal Honigman has given the embattled leader a Tarot card reading - and has worked out exactly when Liz Truss should be planning her “goodbye drinks”.READ MORE: Planes at Heathrow Airport collide as emergency services flood tarmacSpeaking exclusively to the Daily Star, she said: “The card that comes up for Liz Truss's leadership is the Knight of Wands.“The Wands cards are linked with the element of fire, which is the quickest of all the elements, and is quite a destructive element at that.“The Knight court cards in the Tarot are masculine in nature and like being in control.“This card, when applied to Truss's length of leadership, doesn't represent a long and stable period. Quite the opposite - this specific card suggests a short, explosive term.“Fire star sign Aries is the one most associated with this card, so by the March 12, 2023, at the start of Aries season, Liz Truss's party may be planning her goodbye drinks.”Inbaal is an expert in Tarot card readings.The cards have been used for more than 500 years and involve 78 illustrated cards representing people and situations encountered in life.The most popular use of the Tarot cards is in clarifying the present and predicting the future.

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.

CHARLIE Stayt saw red during an interview with a government minister on BBC Breakfast today after he repeatedly dodged questions about last week's mini-budget. Appearing on the show, Chief secretary to the Treasury Chris Philp was asked whether he saw "anything wrong" with Chancellor Kwasi Kwarteng's £45billion of tax cuts after yesterday's financial turmoil.

Liz Truss has been told to “come out of hiding” after remaining silent while the UK's economy tanks beyond belief.Less than one week after her Chancellor Kwasi Kwarteng announced a budget which the entire world has seemingly ridiculed and made the markets fall in dramatic fashion, PM Truss has not said a word.The budget-not-budget, announced last Friday, contained tax cuts upon tax cuts, for both the uber rich and those most in need – and it's been reported they were largely unfunded. READ MORE: UK, EU and United States are all 'running out' of weapons to send to Ukraine It also saw the pound drop to a record low against the dollar, too, and almost every UK bank pull its mortgage offers from the market.It has been criticised by virtually everyone, including the International Monetary Fund, the Bank of England and the Labour Party.And she is now being urged to do something about the chaos before it's too late and the economy crashes.Keith Brown, deputy leader of the Scottish National Party, said: “As the pound continues to plummet, Britain’s hopeless Prime Minister seems to have disappeared without trace.“It is astounding that Liz Truss has not made a single public appearance or statement since last Friday."It is time for her to come out of hiding and at least make the pretence of leading the country through this self-inflicted crisis.”And a Conservative MP told Pippa Crerar: “It's extinction level stuff.“This is like 2008, but worse.“We're messing with the very fundamental principle of providing a home for your family.“That's why it's different: it's real stuff.” The only comments Truss has made in recent days have been on the phone to Ukraine's President Volodomyr Zelenskyy about the crisis in Ukraine.

It comes after Liz Truss' government recently announced a mini budget under chancellor Kwasi Kwarteng. The PM faces rebellions in parliament over her plans for the economy. Conservative MP Simon Hoare has described the situation as "inept madness".Speaking on BBC News this morning he said that all these issues stem directly from the new government.He argued: "These are not circumstances beyond the control of Govt/Treasury."They were authored there.This inept madness cannot go on."Another Tory MP told the Guardian: "It’s extinction level stuff.This is like 2008 but worse."We’re messing with the very fundamental principle of providing a home for your family.That’s why it’s different: it’s real stuff".

Cristiano Ronaldo will bank more than £1million extra at Manchester United thanks to the UK government's lowering of the upper tax bracket.Ronaldo, 37, is already understood to be pocketing a mind-boggling £510,000k-a-week at Old Trafford, after penning an initial two-year deal with the Red Devils last summer. However, the five-time Ballon d'Or winner is now set to see a dramatic increase in his bank balance due to Kwasi Kwarteng's mini-budget announcement.On Friday (September 23) the newly-appointed Chancellor abolished the additional tax rate for those earning over £150,000-a-year, meaning the maximum tax bracket in the United Kingdom now stands at 40% - which applies to those on incomes above £50,271.READ MORE: Cristiano Ronaldo thought ex-Chelsea player who ended up in prison was better than himKwarteng also announced the basic rate of income tax will be slashed from 20% to 19% in April, whilst also reverting the planned 1.25% rise in national insurance.Football finance expert Kieran Maguire explained that the government's changes to taxation will see Ronaldo's take-home income rise by an extra £1.3m - the equivalent of funding 26 band 8 nurses in the UK."Cristiano Ronaldo's take home will increase by roughly £1.3m over the course of 12 months, which is a lot of money.