More stories

  • in

    UK economy did not shrink in Q2 as previously thought

    The UK economy grew 0.2 per cent in the second quarter of 2022, a slightly more positive performance than previously thought.The Office for National Statistics on Friday announced that a previous estimate of a 0.1 percent decline in GDP for the period had been revised upwards.It means the economy did not shrink in the three months to June, has previously had been thought. More

  • in

    Truss to attend European Political Community meeting despite criticism of it

    Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Liz Truss is expected to attend a meeting of the European Political Community, months after the prime minister criticised the Prague summit in her previous role. It is understood that […] More

  • in

    Don’t abandon levelling up agenda, Tory MPs warn Liz Truss

    Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Senior Tory MPs have warned Liz Truss not to abandon the “levelling up” agenda, as new research reveals towns and cities in the Midlands and North continue to lag behind […] More

  • in

    Liz Truss to hold meeting with OBR amid market alarm at mini-Budget

    Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Liz Truss and Kwasi Kwarteng are set to meet with the head of the Office of Budget Responsibility’s (OBR) on Friday amid market panic over the government’s mini-Budget. The prime […] More

  • in

    Rishi Sunak to skip Conservative party conference

    Former chancellor Rishi Sunak will not attend the Conservative Party conference this year, according to reports. The event is taking place just weeks after Mr Sunak lost to Liz Truss in the race to become prime minister.Mr Sunak has been keeping a low profile since the leadership race ended and will reportedly miss the Tory Party conference in Birmingham, which will start on Sunday. More

  • in

    ‘Return to austerity’: Almost £50bn of cuts needed to fund tax breaks for rich, economists warn

    Sign up to the Inside Politics email for your free daily briefing on the biggest stories in UK politics Get our free Inside Politics email Liz Truss’s government is on course to make public spending cuts of almost £50bn a year after the “unenforced error” of Kwasi Kwarteng’s mini-Budget, according to top economists. Experts at […] More