If Jeremy Hunt is to be Truss’s saviour, he needs more than austerity 2.0 Tax-cut U-turns won’t be enough to balance the books, so the new chancellor will look at cutting public service budgets. But there is an alternative
Jeremy Hunt says difficult decisions ahead after Truss ‘mistakes’ New chancellor vows to be ‘completely honest with country’ amid rumours PM has only weeks left in role
Keir Starmer criticises ‘grotesque chaos’ under Liz Truss government Labour leader says UK is ‘crying out for clear leadership’ and his party ‘must provide it’
‘It feels like game over’: Truss struggles for authority as Tories plot her demise Her MPs know that just as Boris Johnson shredded the image of Conservative integrity, she has done it for economic competence
Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington
Jeremy Hunt may still have to find £40bn of cuts as chancellor, say experts Kwarteng’s replacement is warned of inflation impact, crumbling services and financial ‘black hole’ that he has two weeks to fill
Truss premiership ‘hanging by thread’ after Kwarteng sacking and latest U-turn PM’s move to replace chancellor and commit to raising corporation tax fails to placate markets or Tory MPs
Kwasi Kwarteng reportedly believes Liz Truss ‘only has a few weeks’ – as it happened Source close to sacked chancellor briefs Times that ‘wagons are still going to circle’ around embattled prime minsiter
Kamikwasi takes Librium Liz’s offer to consciously uncouple from train wreck Decision to sack chancellor for bonkers mini-budget to restore her credibility was futile. PM and Tories are a laughing stock
Keir Starmer: UK needs election now whether Liz Truss stays or goes Labour leader says government is ‘completely at end of the road’ and his party is preparing for power
How ‘knives of the long night’ led to brutally swift Kwarteng sacking The chancellor was dispatched soon after touching down, but Tory colleagues were not convinced that was enough to save the PM
Three weeks of chaos that cost more than Kwarteng’s job – in numbers On 30 September, the then chancellor’s mini-budget triggered a chain of events that led to a dramatic downfall
Four bruising questions but even fewer answers from Liz Truss She picked favoured reporters and offered repetitious platitudes to pointed inquiries. How long can the PM last?
Was that it? Eight-minute Liz Truss press conference will not steady ship Prime minister took only four questions but showed lack of contrition in lightning fast appearance that will not have secured goodwill
Liz Truss to raise corporation tax in another humiliating U-turn PM makes second climbdown and sacks chancellor after package of unfunded tax cuts sent the pound tumbling