Senior Tory warns Truss economic U-turn must be ‘significant’ Mel Stride says that markets won’t be settled if government’s policy change just ‘nibbles at the edges’
Truss is frantically blowing on the embers of neoliberalism. But it is a funeral pyre Just as the rest of the world is turning its back on free-market economics, we have a purist in No 10, says Guardian columnist Andy Beckett
Kwasi Kwarteng dashes home early from US amid tax U-turn chaos Chancellor cuts short International Monetary Fund meetings after insisting his job is safe, as Liz Truss appears to take reins on corporation tax cut
Liz Truss bows to pressure with corporation tax U-turn ‘on the table’ Speculation that reversal on leadership campaign pledge risks split with her chancellor, Kwasi Kwarteng
‘Let’s see’: pressure builds for No 10 U-turn on corporation tax Reversing key plank of her leadership pitch would be much bigger humiliation for Liz Truss than 45p rate U-turn
How Liz Truss dug in over pledge to axe corporation tax rise With speculation mounting of another mini-budget U-turn, we look at what the PM and her allies said about her policy
Markets leap on reports of Liz Truss’s tax cuts U-turn. No time to dally As PM ponders which measures to junk from mini-budget, pound rises by two cents against dollar
No 10 dismisses rumours of Liz Truss U-turn on tax cuts Gilts and pound rallied after speculation cuts to corporation and dividend taxes wouldn’t go ahead
UK’s Brexit divorce bill stood at £36.7bn in 2021, EU audit reveals Settlement was down from £41.7bn, reflecting payments already made to cover UK obligations
Liz Truss in fresh peril as senior Tory MPs round on her over economy PM accused of ‘trashing’ Conservative values and a PMQs performance that was ‘just appalling’
Cliff edge looms for UK’s financial system BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in
No 10 warns of ‘difficult decisions’ on public spending despite Truss’s vow to avoid cuts – as it happened Statement from No 10 comes straight after PM told MPs she was ‘absolutely’ committed to avoiding public spending cuts
Borrowing costs rise after BoE insists it will soon end bond-buying programme Price of 20-year UK bonds hit new lows as Bank of England statement rules out considering an extension
Liz Truss insists tax cuts will go ahead despite public spending promise PM suggests borrowing will rise as she surprises MPs by saying she has no plans to cut public spending
Mini-budget will not lead to promised growth, leading economists tell MPs Economic confidence in UK seriously undermined by Kwarteng and Truss’s ‘guerrilla tactics’, Commons committee hears