Author: News Desk

Liz Truss resigns: one week to find her replacement After 44 days in the job, prime minister Liz Truss has quit becoming the UK’s shortest-serving PM in history. She said she was stepping down from the role because she cannot deliver the mandate on which she was elected. But who will replace her? Rishi Sunak or Penny Mordaunt Anyone hoping to get the top job will need the backing of 100 MPs by Monday, with her successor set to be announced by Friday at the latest. New Chancellor Jeremy Hunt has ruled himself out – and it’s expected, whoever is elected…

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Statement comes as September borrowing jumped and debt interest payments hit record high Jeremy Hunt said he would do “whatever necessary” to bring down national debt as the latest official figures showed government borrowing jumped in September and debt interest payments hit a record high. The chancellor said getting the public finances on a stable footing was essential, as government borrowing hit £20bn in September, £2.2bn more than last September, and £3bn more than economists expected. Continue reading… ​Statement comes as September borrowing jumped and debt interest payments hit record highJeremy Hunt said he would do “whatever necessary” to bring…

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