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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

Bank confirms pension funds almost collapsed amid market meltdown

Official explains how promise to buy up to £65bn of government debt staved off destructive UK financial spiral

Britain is learning a painful lesson: what happens in ‘emerging markets’ could also happen here

The UK thought it would be protected from the volatility seen in ‘developing’ countries. Now, cracks are beginning to appear, says law lecturer Kojo Koram

This economic chaos is a form of class war on the British public

Trussonomics is the sharp end. But other, structural factors are also driving a systemic assault on working people, says economics professor Daniela Gabor

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  • Nasdaq hits record high after weaker-than-expected US jobs report – as it happened
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  • 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
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  • UK diesel price hits record high of £2 a litre
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  • 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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