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Who’s paying for Britain’s disastrous mini-budget? We are, with our health

From stress about homelessness to illnesses caused by food poverty and cold homes, this financial chaos will take a heavy toll, says public health professor Devi Sridhar

Truss’s mini-budget looks likely to cost the Tories the next election

Tory MPs fear voters see them as the nasty party again after the prime minister refused to rethink tax cuts for the rich

Michael Gove tells Liz Truss that cutting tax for highest earners is wrong – as it happened

Latest updates: Michael Gove says Truss should abandon plan to scrap 45% top rate of tax as large crowds protest in Birmingham

Mini-budget debacle likely to create tension between Truss and Kwarteng

The turmoil in financial markets has led to reports of friction between the prime minister and her closest political ally, the chancellor

Michael Gove says Liz Truss’s tax cut plans ‘not Conservative’

Influential former minister hints he will not vote for mini-budget measures in blow to PM

UK’s ‘pro-growth’ government has only made a recession more likely

Thanks to Truss and Kwarteng, the country is now far riskier for the investors who finance our trade and budget deficits

Liz Truss’s pre-conference interview with Laura Kuenssberg – the key points

The prime minister appeared at ease despite mounting Tory unrest after the mini-budget

Truss says she should have ‘laid ground better’ but stands by mini-budget

PM refuses to rule out public spending cuts and real-terms drop in benefits to pay for fiscal plans

‘Disconnected from reality’: Tory MPs plan rebellion over Liz Truss’s economic agenda

Prime minister is facing the same fate as Theresa May when the Commons returns and could even be removed as leader

Whisper it, but it was the folly of Brexit that paved the way for Truss’s crazy libertarian zeal

With its new ‘freedom’, the UK had the opportunity to invent a fresh economic model, some said. We’ve now begun to see the results

The Observer view on why Tory MPs must stop Liz Truss’s ‘reverse Robin Hood’ policies

Cutting services to fund tax cuts for the very wealthy is not only cruel amid a cost of living crisis, it’s also unmandated

Voters abandon Tories as faith in economic competence dives

Conservative MPs urge Liz Truss’s removal from No 10 after poll reveals British public’s fury over tax plans

Devolved nations demand urgent meeting with Kwarteng

Finance ministers of Wales, Scotland and Northern Ireland say government must ‘restore confidence in our public finances’

Kwasi Kwarteng: an Eton tough nut with legendary self-confidence

Stories of the under-fire chancellor’s self-assurance abound. Colleagues see him as unlikely to back down without a fight

People thought Corbyn and I would crash the pound. The real risk was Truss and her fanatics

We knew the markets would react sharply to us and were prepared for that. These free-market zealots had no plan at all, says former shadow chancellor John McDonnell

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  • Nasdaq hits record high after weaker-than-expected US jobs report – as it happened
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  • ‘Stand on the right side of history’: Starbucks urged to close stores in China’s Xinjiang
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  • 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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  • 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
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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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