The pound has strengthened and UK government bonds have rallied further as Jeremy Hunt announced plans to reverse key policies in the former chancellor’s mini budget. The pound has strengthened and UK government bonds have rallied further as Jeremy Hunt announced plans to reverse key policies in the former chancellor’s mini budget.
Author: WTX News Editor
There are plenty of iconic music venues to visit.
‘I feel like I have an extended family.’
Almost all measures from Kwasi Kwarteng’s mini-Budget junked Almost all measures from Kwasi Kwarteng’s mini-Budget junked
Metro – Tories in Truss turmoil: The plots thicken Summary of the front page Liz Truss is facing “rival rebel plots” to oust her from Downing Street after only five weeks in power, according to Monday’s Metro. The paper uses images of the Tory MPs tipped to replace the PM – including former leadership rivals Rishi Sunak and Penny Mordaunt, along with a close-up of the PM’s face. The front page story says the plans…
The empty bus was destroyed as the double-decked passenger train rammed into it as it passed a level crossing in Bergen op Zoom. The empty bus was destroyed as the double-decked passenger train rammed into it as it passed a level crossing in Bergen op Zoom.
Daily Mirror – Tory MPs: Quit now Summary of the front page Three Conservative MPs have publicly called for the prime minister to quit, the Daily Mirror reports. The paper has a clear message for the prime minister – “Quit now.” The three MPs – Mr Blunt, Jamie Wallis and Andrew Bridgen went public with their calls for Liz Truss to resign. Mr Wallis said the government had “undermined Britain’s economic credibility” with its minibudget and…
New chancellor announces mini-budget repair measures as Liz Truss fights for survival Politics live – latest updates Jeremy Hunt has effectively ripped up almost all of Liz Truss’s disastrous mini-budget, scrapping virtually all the announced tax cuts and drastically scaling back the government’s flagship plan to cap rising energy prices. In a televised statement before a full Commons statement on Monday afternoon Hunt, who was appointed as chancellor in place of the sacked Kwasi Kwarteng…
The chancellor has brought forward announcement of mini-budget repair measures – here are the main points Jeremy Hunt statement – latest updates Jeremy Hunt says the government will reverse almost all of the tax measures announced in the mini-budget that have not been legislated for so far. Continue reading… The chancellor has brought forward announcement of mini-budget repair measures – here are the main pointsJeremy Hunt statement – latest updatesJeremy Hunt says the government will…
The former Secretary of State for Digital, Culture, Media and Sport said: “Only one MP has a mandate from party members and from the British public” The former Secretary of State for Digital, Culture, Media and Sport said: “Only one MP has a mandate from party members and from the British public”
The Sun – Crown Diana crash outrage Summary of the front page The Sun newspaper leads with a story about the hit TV show The Crown and reports that the series will focus on the death of Princess Diana in the new series. Her son, Prince William is said to be hurt that the new series will focus on his parents’ marriage troubles and his mother’s tragic death, a year after her divorce, in a…
Yield on 30-year UK government bonds plummets as chancellor prepares to reverse more of Kwarteng mini-budget UK government borrowing costs fell sharply and the pound rallied after Jeremy Hunt announced he would bring forward some of his debt-cutting plans in an attempt to smooth over turmoil in financial markets. In a surprise statement early on Monday, the chancellor said he would make a statement to the Commons to announce some of the measures from the…
Daily Express – D-Day for PM: Will more U-turns save our economy? Summary of the front page The prime minister has “all but abandoned Trussonomics” in a “desperate bid to save her premiership”, the Daily Express reports. The Express has been the strongest supporter of Truss since the ousting of Boris Johnson – the paper is now asking if more U-turns on the controversial mini-budget can “save our economy.” It comes following reports that the…
The Independent says Why has Pep Guardiola never managed to win in front of an Anfield crowd as a manager?
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Monday’s front pages, similar to the weekend, are not an easy read for prime minister Liz Truss. Most papers lead with reports that Tory MPs are plotting to oust the PM.
There have been at least five explosions across the Ukrainian capital Kyiv.
Flooding in Nigeria has become a disaster that has killed more than 600 people.
The new chancellor will deliver parts of his medium-term fiscal plan later today, the Treasury has said.
A man has died in a suspected gas explosion near Denny in central Scotland.
A protester in Manchester was dragged into Chinese consulate grounds and beaten up.
Sunday Mirror – Tories want Big Ben for PM Summary of the front page The Sunday Mirror asks: “What’s next for Britain?” amid the current reports that Tories are plotting to oust prime minister Liz Truss – just five weeks into her premiership. The paper says “rattled” Tories want Defence Secretary Ben Wallace to replace Liz Truss as prime minister. Some of the MPs turning on Liz Truss want Wallace to “step in”, the paper claims,…
Sunday Express – Secret plot to oust PM Summary of the front page The Sunday Express leads with a “secret plot to oust” prime minister Liz Truss. The paper says it has been told that around 100 MPs are backing a plan to bring the PM’s “catastrophic” stint in No 10 to an end and appoint her successor without a contest.” The paper claims that it has now emerged that sacked chancellor Kwasi Kwarteng had argued…
Daily Star Sunday – Fairy wail of New York Summary of the front page The Daily Star Sunday’s main story is about the Pogues singer Shane MacGowan and his “greatest fear” – fairies. The paper is one of few that isn’t leading with UK politics. The showbiz exclusive goes on to reveal an area the musician calls the “Fairy Fort” near his old family home in Ireland, which he claims people have entered in the…
The Observer – Tories in talks to oust Truss Summary of the front page The Observer’s front page leads with the reports that Tory MPs are plotting to oust prime minister Liz Truss after her rocky first five weeks in office. The paper quotes senior Tories as describing the plans to boot the prime minister from No 10 as a “rescue mission”. The Observer notes that a group of MPs are due to meet on…