Author: WTX News Editor

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.

“At last! A true Tory budget” Daily Mail says The boldness and courage of Kwasi Kwarteng’s debut Budget is seismic. By taking a hatchet to taxes and placing growth front and centre of economic policy, the Chancellor has produced a genuine Tory package elbowing to one side the Treasury’s fiscal conservatism which restrained his predecessors. The scale of the package is mind-boggling. Liz Truss and her Chancellor have turned their backs on the doomsters in…

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Biggest tax cuts in 30 years Daily Mail says Liz Truss is rolling the dice on her premiership today by unveiling the biggest package of tax cuts in three decades in a bid to end the UK’s ‘cycle of stagnation’. The PM and Chancellor Kwasi Kwarteng will present the ’emergency Budget’ to the Cabinet this morning, before announcing a slew of dramatic measures designed to boost growth in the Commons. In an intervention the scale…

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Freedom begins with tax cuts: Only with prosperity can we have security Daily Mail says As King Charles III leads the monarchy into a new era, Liz Truss is determined to do the same for British politics. Having already unveiled a massive package to help families with soaring energy bills, she’s now focusing her attention on growing the economy. The process will begin on Friday with a mini-Budget reversing the recent national insurance hike and…

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PM meets cabinet as her popularity nosedives in poll The Independent says The prime minister’s popularity took a nosedive as a new poll revealed 80 per cent of Britons had an unfavourable view of Liz Truss. Ms Truss’ net favourability plunged to minus 70 according to a YouGov survey – a 14-point drop since last week with just 10 per cent of Britons having a favourable opinion of the prime minister. Among Tory voters, her…

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Jeremy Hunt shreds Truss’s economic plans in astounding U-turn on tax The Guardian says Jeremy Hunt has shredded Liz Truss’s economic plans in one of the most astonishing U-turns in modern political history, including slashing the energy price freeze which the prime minister had repeatedly championed. The new chancellor dismantled almost all of the platform that Truss’s leadership victory had been built on, including the majority of her tax cuts, and hinted a new windfall…

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Liz Truss’s poll rating at MINUS 70 as even loyal Tory admits she’s in last chance saloon Daily Mirror says Liz Truss is in the last chance saloon as she can’t afford to make “any more mistakes”, a loyal minister who attends her Cabinet admitted today. James Heappey confessed the Tory party was “skittish” after the Prime Minister finally apologised for the chaos unleashed by her mini-Budget. It came as a staggering new poll put…

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Liz Truss sank like a soufflé when she finally faced MPs The Sun says PRIME Minister Liz Truss sank like a soufflé today when she finally faced MPs, a body language expert has claimed. Chancellor Jeremy Hunt tore apart Ms Truss’ mini-Budget this afternoon in a bid to reassure nervous markets. And while body language expert Judi James said the pair appeared “pally”, the way Ms Truss held herself afterward implied otherwise. Before Mr Hunt’s…

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The Independent – Pensions at risk in Hunt’s search for more savings Summary of the front page The future of the “triple lock” protection for state pensions has been thrown into doubt after Jeremy Hunt refused to commit to keeping it, writes The Independent. Charities voiced alarm over the chancellor’s words, which stand in stark contrast to previous promises from Liz Truss and Mr Hunt’s predecessor Kwasi Kwarteng to keep the lock, which guarantees pensions will…

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The Guardian – Hunt rips up PM’s plans in astonishing U-turn on tax Summary of the front page The Guardian has described Jeremy Hunt’s decision to scrap the prime minister’s economic plans as “one of the most astonishing U-turns in modern political history.” His changes include slashing the energy price freeze that the PM had championed repeatedly. Sources told the paper the PM met with Sir Graham Brady on Monday where they discussed the scale…

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Metro – The axeman cometh Summary of the front page Liz Truss watched in silence as new Chancellor Jeremy Hunt told MPs he had shredded her tax-cutting economic policy, writes the Metro. “The axeman cometh” declares the Metro’s headline. The paper described the PM as staring straight ahead and watching in silence. The front page takes note of claims the PM was ‘missing’ from action as she sent Penny Mordaunt in her place to face…

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The Sun – The ghost PM Summary of the front page Liz Truss sat ghostlike as the new chancellor shredded her tax cuts and energy price freeze – but has vowed not to quit, according to The Sun. The paper’s front page features an image of her seated next to the chancellor as he scrapped her mini-budget – the PM looks washed out and pale. And whilst she won’t quit she has apologised for the…

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Daily Mirror – Mini-Budget meltdown: Humiliated Summary of the front page The mini-budget has been dumped by Jeremy Hunt in a catastrophic humiliation for Liz Truss, writes the Daily Mirror. The paper sums it up with the headline: “Humiliated” as it adds the prime minister’s own MPs are plotting a coup. One Tory said Ms Truss has “poured petrol over everything”, it says. The paper also leads with a picture of Rod Stewart alongside a…

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Daily Express – Truss: I’m sorry … we went too far and too fast Summary of the front page Liz Truss has apologised to the nation for the economic pain unleashed by her mini-budget as she battled to save her job, reads the front page of the Daily Express. “I do want to accept responsibility,” she said and privately apologised to MPs for the pain caused by her tax-cutting economic plans, the paper says. The…

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