Starmer urges Truss to rethink budget as IMF criticises tax plans Labour leader accuses government of losing control of economy, branding budget a ‘self-inflicted’ problem
Speed and scale of events may force Bank to expedite next rate decision Amid extraordinary market changes, the Bank of England seems unlikely to sit on its hands
Truss and Kwarteng had row over sterling crisis response, say Whitehall sources First signs of friction between PM and chancellor emerge as pound falls to historic low after mini-budget
‘Fiscal sustainability’ plus rising borrowing costs could add up to cuts To make the sums work, some suggest Kwasi Kwarteng may include deep spending reductions in his medium-term fiscal plan
‘The jewel has lost its shine’: how the world reacted to the UK’s pound crisis The turmoil stirred condemnation in the US, bitter memories in Greece and interest among holidaymakers in Singapore
Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England Chief economist says mini-budget will increase inflationary pressure in remarks likely to further spook mortgage borrowers
Labour will launch publicly owned Great British Energy, Starmer vows Leader promises to launch energy firm as part of ‘partnership between government, business and communities’
The markets are in meltdown – but at least Kwasi Kwarteng’s doomsday cult isn’t to blame The chancellor has spent his life praising free markets. Shame they don’t feel the same way about him, says Guardian columnist Marina Hyde
‘Coming back to finish the job’: Starmer aims to reclaim centre ground Leader will promise ‘fresh start’ for UK after turbulence of successive Conservative governments in keynote address to conference
The Guardian view on Kwasi Kwarteng: pride before a fall Editorial: The chancellor claimed he would triumph over Treasury orthodoxy. But it has triumphed over him
Labour conference votes to put pledge to introduce proportional representation in manifesto despite Starmer ruling it out – as it happened Loud cheering as motion on PR is carried even though Labour leader says he will ignore vote.
City sceptical about benefits of scrapping cap on banker bonuses Sources at largest banks say the did not lobby for move nor expect it to result in major changes to pay packets
Lisa Nandy: ‘Levelling up under the Tories is dead. Labour is the only answer’ Shadow levelling up secretary says her party is coming back to finish the job of the New Labour government
The class war is upon us – and Holly and Phil were the final straw I’m not saying This Morning has started a revolution, but maybe we’ve had our fill of a few getting ahead while the many line up for scraps, says Guardian columnist Frances Ryan
Truss and Kwarteng like ‘gamblers in a casino’, says Labour as pound hits record low Shadow chancellor decries government’s economic plans as ‘reckless, irresponsible and unfair’