Author: News editor for WTX News

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Liz Truss’s mini-budget has been heavily criticised by Michael Gove as having the “wrong values”, reads the front page of The Independent.
The paper says Gove critised the measures as being not Conservative and came at a time when pressure was mounting on PM Truss to perform a u-turn on the controversial plan to axe the 45p income tax band – which gifts an average £10,000 to the 600,000 highest earners in the UK at a time when ministers are eyeing real-term cuts to welfare benefits.

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The Guardian reports that Prime Minister Liz Truss is struggling to win over Conservative MPs to back her controversial mini-budget. The paper’s front page reports on a threatened “all-out rebellion” amid fears the Tories could become known as the “nasty party.” The paper said the PM displayed “a sliver of remorse” for the way the mini-budget was received, her chancellor remains defiant. It also reports that Kwasi Kwarteng would pledge on Monday to “stay the course” with what he calls a “sound credible” plan.

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Former minister Michael Gove has become the latest senior Tory to savage Liz Truss’s mini-budget, reports the Metro. The paper says the former levelling-up secretary called the mini-budget “not Conservative” and critised “a number of mistakes” in the PM’s plans to grow the economy by increasing the amount of borrowing.

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According to the Daily Mirror, a senior Tory has warned that Liz Truss will be ousted as prime minister by Christmas unless she ditches her tax cuts for the wealthy. “Truss ‘is finished'” is the headline on the front of the paper, which quotes a former cabinet minister’s damning verdict Truss’s premiership.

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Why is Zelenesky adamant to join NATO? Ukraine has applied for a fast-tracked EU membership and now Zelensky has submitted a Fastrack NATO membership. The United States and NATO have continued to support Ukraine, all be it from an arm’s length, until this point, but it has always been reluctant to encourage its membership. Ukraine has submitted an official application to join NATO, President Volodymyr Zelenskyy said after Moscow annexed four Ukrainian regions earlier on Friday. “We are de facto allies already,” Zelenskyy said. “De facto, we have already proven compatibility with Alliance standards.””Ukraine is applying to confirm it de…

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As the Conservative Party conference gets underway in Birmingham the party is reeling over PM Truss mini-budget. As more party members are rebelling against the PM’s controversial mini-budget. The PM says she did not discuss with her whole cabinet the controversial scrapping of the 45p top tax rate. However, she accepts the government could have “laid the ground better” before setting out its plan to cut taxes. Truss mini-budget It’s a “possibility” Liz Truss has condemned the Conservative Party at the next general election, said Simon Poole from Newcastle, a Tory member since 2019. He told the PA news agency…

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Major gas leaks as Nord Stream Sabotaged – Explosions recorded EU

Gas pipelines were ‘sabotaged’, as major gas leaks were detected prior to explosions on Nord Stream 1 and Nord Stream 2. Seismologists recorded what they think were explosions before gas began pouring out of two Russia-to-Germany pipelines under the Baltic Sea. EU Commission chief Ursula von der Leyenagreed the leaks were caused by sabotage and warned of the “strongest possible response”. Two leaks were discovered on the gas pipeline, which Moscow shut down earlier this month in retaliation for Western sanctions over Russia’s war in Ukraine.  This coincides with imported gas leaks from the United States to the EU. Major gas leaks…

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Italy’s Giorgia Meloni’s far-right Brothers of Italy wins the most votes in the Italian snap elections. In the lowest voter turnout since 1979. The far-right party has come top in Italy’s snap general election, which, if confirmed, would likely see her become the country’s first female prime minister. Italy will next push for the Italian version of Brexit as it reels from the harsh recession which is looming. Italy will have its most right-wing government since WWII If Italian news exit polls are accurate, Italy’s future government will consist of a coalition of the Meloni-led Brothers of Italy — a…

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The Guardian leads with the Bank of England’s warning that the UK is in a recession and interest rates may need to go higher. The paper reports the Bank of England (BoE) has warned Chancellor Kwasi Kwarteng the country is already in recession, after the economy shrank for the second quarter in a row. The paper also notes the BoE hiked interest rates by half a percent on Thursday, continuing its efforts to reduce inflation.

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