Author: News Desk

Prime minister to meet Kwasi Kwarteng after early return from US, as pressure builds to scrap planned tax cut Friday’s politics news: latest updates Liz Truss is to hold a press conference on Friday afternoon, as she prepares to U-turn on parts of her mini-budget including her plan to scrap a rise in corporation tax. The prime minister and her chancellor, Kwasi Kwarteng, are due to meet on Friday after he dashed back overnight from an International Monetary Fund (IMF) meeting in Washington to discuss the economic situation. Continue reading… ​Prime minister to meet Kwasi Kwarteng after early return from…

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Kwasi Kwarteng cuts US trip short and flies back to London for crisis talks The Metro says Kwasi Kwarteng has cut short a trip to the US to fly back to London where he is widely expected to announce the mother of all U-turns. The chancellor is under intense pressure to scrap his economic plans after they caused turmoil in the markets and threatened to split the party in two. With the Tories miles behind Labour in the polls and talk of a leadership challenge mounting, there is also speculation Liz Truss could sack her close ally in a bid…

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