The i – Warning over Truss gamble on tax cuts
The i leads with a warning over Liz Truss’s tax cuts gamble.
Economists have warned that Ms Truss’s “gamble on tax cuts” risks damaging the value of the pound. The paper says the Institute for Fiscal Studies have also said plans to reverse national insurance and corporation tax increases could lead to government debt “spiralling out of control”.
Today's Headlines - Summarised
Bank of England and government are ‘pulling in different directions’ over interest rates
The i says The Bank of England (BoE) and the Government are “pulling in different directions” over the best steps to take to bring inflation under control and avoid a recession, the central bank’s former deputy governor has warned.
Huddersfield school stabbing: Boy, 16, arrested after 15-year-old stabbed to death outside Fartown school
The i says A 16-year-old boy has been arrested on suspicion of murder, after a 15-year-old was stabbed to death outside a school in Huddersfield.
Russia’s key challenges in Ukraine war will remain even after Putin calls up 300,000 reservists, say experts
The i says Calling up 300,000 reservists to fight in Ukraine is unlikely to put Vladimir Putin on the road to victory, experts have suggested.
Jack Grealish hits back at Graeme Souness criticism: ‘I don’t know what problem he has got with me’
The i says in the light blue corner Jack Grealish, in the blood red corner Graeme Souness, sitting in the middle, lights down low, the adjudicator Gary Neville. You could make a series out of that. Stick it on pay per view.
Five British nationals including Aiden Aslin who were held by Russian-backed forces have been released
The i says Five British nationals captured by Russian-backed forces in Ukraine have been released as part of a prisoner swap, the Prime Minister has confirmed.
The i – Warning over Truss gamble on tax cuts
The i leads with a warning over Liz Truss’s tax cuts gamble.
Economists have warned that Ms Truss’s “gamble on tax cuts” risks damaging the value of the pound. The paper says the Institute for Fiscal Studies have also said plans to reverse national insurance and corporation tax increases could lead to government debt “spiralling out of control”.
