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.

The Guardian says You know that the first mini-budget hasn’t gone down that well when before you’ve even been in office for a month “resign” is trending on Twitter, and following Monday’s climbdown over the abolishment of the 45p tax rate, social media was awash with people poking fun at the prime minister, Liz Truss, and her beleaguered chancellor, Kwasi Kwarteng.

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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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