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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

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  • Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession
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  • Tories plan to extend cuts beyond £47bn previously pledged, leak reveals
  • Nitrite-free bacon sales boom in UK amid fears over curing chemicals
  • ‘He feels more relatable’: Burnham’s conference speech wins praise from drifting Labour voters
  • ‘I was making no money’: Travel agent side hustle promoted by influencers criticised over fees
  • Bailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio Triyoga
  • The American dream remains elusive in the valley that inspired East of Eden
  • UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
  • From the Bayeux tapestry to Glastonbury: top tips and tricks to grab the hottest tickets
  • BT accused of ‘bullying’ customers by pausing broadband in digital landline push
  • ‘People are deserting it’: why are London mansions struggling to sell?
  • G7 to release up to 100m barrels of emergency oil and diesel reserves
  • Nasdaq hits record high after weaker-than-expected US jobs report – as it happened
  • Bosses of three firms that supply trains to UK railways made £3.5m last year
  • ‘Stand on the right side of history’: Starbucks urged to close stores in China’s Xinjiang
  • Throwback to 2011: why it feels different to the last time interest rates were this high
  • US added just 29,000 jobs in September in sharp drop from last month’s gains
  • John Maynard Keynes: the cultured economist who governments turn to in a crisis
  • Tesco is first supermarket to offer paid ‘safe leave’ for victims of domestic abuse
  • UK diesel price hits record high of £2 a litre
  • Gordon Ramsay’s UK restaurants stay in red despite sales topping £100m
  • Minister denies UK faces diesel shortage after Trump threatens to ban exports
  • Kinky dating app Feeld’s founders share in record £3.8m dividend after sales jump
  • Would a gambling tax rise in the budget really shut shops and cost jobs?
  • UK airlines to be banned from charging parents to sit with children
  • Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
  • US borrowing costs hit 24-year high as global bond sell-off intensifies
  • Britain in talks with European allies over release of emergency diesel stockpiles amid Trump pressure

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