Conor Burns suggests Liz Truss should not have sacked him before groping claim investigated – as it happened Former trade minister criticises decision to ask him to stand down as PM hopes for reset following weeks of turmoil
Kwasi Kwarteng to launch debt-cutting plan on 31 October Chancellor will also bring forward publication of OBR forecasts after pressure from MPs
Truss must raise benefits in line with inflation, Javid says Former Tory chancellor also calls on Kwasi Kwarteng to speed up release of OBR forecasts
Truss and Kwarteng will face fury of Tory MPs in week of crisis meetings The PM and chancellor will try to stop panic spreading through the party after their high-risk economic plan threatens a ‘death spiral’
Who’s against Truss and Kwarteng’s growth mania? Anyone with sense How can the government build, build, build and hit net zero? Or, come to that, keep both the Bank and the OBR on its side?
Freeze state pensions and slash ‘non-frontline’ NHS and schools staff, said No 10’s economic adviser Radical ideas to reduce spending, outlined in Matthew Sinclair’s 2010 handbook, may now be needed by the Tories to pay for their tax cuts
‘Bad smell’: Mick Lynch criticises Liz Truss government as rail workers strike At Euston picket line, RMT general secretary talks of ‘incompetence’ of new prime minister and chancellor
OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget Predictions handed to chancellor expected to paint gloomy picture for UK economy amid sweeping tax cuts
Company insolvencies hit 13-year high in England and Wales ONS says soaring energy costs and supply chain problems forced 5,629 firms to go bust in second quarter
Politicians, business titans, hear this: we don’t need any more of your ‘disruption’ Beloved by policy wonks and embraced this week by Liz Truss, what began as dry business theory has become the plague of our lives, says author Stefan Stern
Nadhim Zahawi apologises for economic turmoil after mini-budget Cabinet minister says ‘of course I’m sorry’ during clash with Piers Morgan on BBC One’s Question Time
UK economy predicted to be weak till 2024 despite Truss growth agenda Business confidence sinks to lowest level since depth of Covid pandemic as rising costs hit households and companies
Revealed: rightwing ‘slash and burn’ ideas that could be blueprint for Truss Exclusive: Free Market Forum suggests scrapping free childcare hours and abolishing corporation tax
Capping rents will hit social housing safety efforts in England, say landlords G15 group of big housing associations warn 5% cap would also hinder green ambitions and new-builds
Kwarteng considers extending mortgage guarantee scheme Initiative may continue beyond December as bank bosses raise concerns over mortgage market