Kwarteng considering benefit cuts to fund tax cuts for the rich
According to reports, the UK has been living beyond its means and a new age of austerity is required to trim the fat.
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Study names Tories as ‘most right-wing government’ in the world
Some week for the Tories: Their economic policies crashed The Pound, risked pensions, and made them 'the most right-wing government going'.
Hold on to your hats: Labour takes a 33 point lead in the polls
It is thought to be the largest poll lead enjoyed by any party with any pollster since the late 1990s.
‘This inept madness cannot go on’: Tories turn on Truss
Divisions are emerging in the Conservatives after the Chancellor’s mini-budget prompted turmoil in the markets and talk of a financial crisis.
Moody’s deems UK’s new fiscal policy regime ‘credit negative’
“It appears everyone is unusually united in their objection to the Treasury’s tax-cutting plans."
Bank of England launches emergency gilt market operation to prevent borrowing costs from spiralling out of control
The Bank said: “Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability."
International Monetary Fund sends unprecedented warning letter to Kwarteng
The BBC's Faisal Islam said IMF's stinging rebuke is without a clear precedent.
UK markets have lost $500 billion since Liz Truss took charge
Truly World-beating.
Kwarteng faces massive market turmoil after disastrous day for sterling
The Treasury moved to settle the markets with the promise of a Budget next spring as the pound tumbled against the dollar on Monday.