‘Brutal’: media deride Liz Truss’s local radio interviews Media commentators across political spectrum deride PM’s appearance on local radio to defend economic policy
Mark Carney accuses Truss government of undermining Bank of England Former governor’s comments come after central bank forced into £65bn intervention to avert financial crisis
Nothing to see here: Truss allies’ curious excuses for financial meltdown PM and her allies have a number of theories on why current turmoil has nothing to do with Kwasi Kwarteng’s mini-budget
Truss ‘standing by Kwarteng’ as Treasury defends plans despite market turmoil – as it happened No 10 says PM has faith in chancellor, as Treasury minister says tax cuts are the ‘right plan’
Bank of England in £65bn scramble to avert financial crisis Bank of England left with no action but to intervene after Kwasi Kwarteng’s mini-budget
UK house prices may fall 20% amid mortgage ‘carnage’, warn experts Lack of supply will prevent crash, say some, while others predict ‘simple maths’ mean property price bubble poised to burst
Tory MPs tell Truss: sack Kwarteng or face mutiny MPs express disbelief over sterling slump as privately some fear PM’s government is ‘dead on arrival’
What is the Bank of England doing in bid to stabilise UK economy? Threadneedle Street will buy UK government bonds as pound tumbles in response to Truss and Kwarteng’s mini-budget
This is Truss and Kwarteng’s crisis, not yours – but you’re already a lot poorer because of them In 25 years of reporting, I have never seen a financial crisis so utterly avoidable, and dragging so much human misery in tow, says Guardian columnist Aditya Chakrabortty
Truss accused of hiding from budget chaos as No 10 resists recall of MPs Opposition leaders urge PM and chancellor to take action over economic fallout and recall parliament
Labour parties like it’s 1997 as Tories descend further into chaos If the IMF intervention wasn’t bad enough for Liz and Kwasi, Keir’s morning round of interviews turned into a victory lap
Bank’s intervention may not mark the end of market mayhem Bank of England’s fourth round of QE could still fail to calm markets and be followed by an emergency interest rate rise
Tories pile pressure on Truss and Kwarteng to reverse tax-cutting plan MPs say financial measures have been disaster for Conservative party as pound tumbles again
Bank launches emergency intervention in markets after Kwarteng mini-budget Bank of England takes urgent steps to buy long-dated UK government bonds
Rebuke from IMF is a global embarrassment for Truss and Kwarteng Will PM and chancellor ignore advice under mounting pressure, which is also coming from US and Germany?