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 has a matter of days to row back on controversial tax and welfare cuts or face a parliamentary rebellion which could see her removed from Downing Street by […] More
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 Chancellor Kwasi Kwarteng reportedly met with hedge fund managers for a champagne reception just hours after his mini-Budget. The financiers apparently egged on Mr Kwarteng to go further with his […] More
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 Delay in spelling out the goverment’s tax-and-spend plans could pile hundreds of pounds onto millions of people’s housing costs by making higher interest rates more likely, a senior Conservative MP […] More
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 her chancellor Kwasi Kwarteng are inflicting “radical libertarian anarchism” on Britain with their economic plan, rail union boss Mick Lynch has said. The general secretary of the […] More
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 The leader of young Conservatives Network has apologised for his “ill-conceived” comments about Birmingham after he described the city “a dump”. Daniel Grainger, head of the Young Conservatives Network (YCN), […] More
A Tory MP has come under fire over an extraordinary claim that the Commons sleaze watchdog is seeking a peerage in return for letting corrupt MPs off the hook.Conservative Andrew Bridgen challenged Parliamentary Standards Commissioner Kathryn Stone over the matter in an email.The Leicestershire North West MP told Ms Stone two weeks ago he was “distressed” to have heard there were “advanced plans” to ennoble her for reaching “the right outcomes” in political corruption inquiries. More
Tory MPs are reportedly in talks with the Labour Party to defeat certain parts of Kwasi Kwarteng’s mini-Budget. Rebels are apparently in talks with the opposition to make sure that the government’s controversial new measures are brought to a vote in the House of Commons. Conservative MPs are particularly angry about the plan to abolish the 45p top rate of income tax, LBC and The Times have reported. More
An expert watchdog’s verdict on the tax-slashing mini-Budget will be kept secret for nearly two months after the chancellor refused to publish it.Kwasi Kwarteng is defying calls, including from Conservative MPs, to reassure markets by revealing the official forecast of how his dash for growth will affect the economy.After an unprecedented emergency Downing Street meeting on Friday, the Office for Budget Responsibility (OBR) said its initial findings would be on the chancellor’s desk within a week. More
