Kwarteng plan to lift cap on bankers’ bonuses infuriates unions Unite leader deplores prospect of post-Brexit deregulation drive ‘when millions are struggling’
The Guardian view on bankers’ bonuses: don’t scrap the cap Editorial: When millions are struggling with their living costs it makes no sense to widen the wealth gap rather than narrow it
What is the banker bonus cap and could scrapping it boost growth? Chancellor may lift EU-era restriction in hope of making UK more attractive to financial sector
Kwasi Kwarteng planning to scrap caps on bankers’ bonuses Critics question chancellor’s idea of abolishing rules imposed after 2008 financial crash during cost of living crisis
Kwarteng ‘tells Treasury to focus entirely on growth’ as Tory peer defends sacking of senior civil servant – as it happened The new chancellor is reported to have told Treasury staff there was a need to ‘do things differently under fresh leadership’
How is Liz Truss’s government challenging ‘Treasury orthodoxy’? Sir Tom Scholar’s removal as Treasury’s top mandarin signals attempt to change department’s view of the world
Focus on growth not fiscal discipline, Kwasi Kwarteng tells Treasury Chancellor suggests change of emphasis is needed after he sacked top civil servant whom he credited for tight control of spending
Liz Truss likely to visit US and hold mini-budget next week PM expected to attend UN meeting after Queen’s funeral, with ‘fiscal event’ likely to follow before end of next week
Putin is waging an economic war with Europe. Britain’s absurd energy plan plays into his hands The Tories’ ideology of daffy libertarianism seeks to triumph over evidence and reason
The Guardian view on Truss’s energy price cap: right policy for the wrong reasons Editorial: Instead of plans to bring on greener sources of power generation, the prime minister wants to drill for oil and frack for gas
Ukraine needs ‘radical’ reform to sustain war effort, warn economists Anti-corruption measures and progressive taxes among actions recommended by leading academics
Liz Truss energy plan ‘needlessly inefficient and expensive’, says thinktank – as it happened Criticism of PM’s freeze of bills as Labour leader condemns decision not to tax unexpected profits of energy giants
The government has finally intervened – to protect energy companies’ profits What we really need is a public energy firm that directly produces and generates renewable energy, says Sandy Hager of City, University of London
Liz Truss to freeze energy bills at £2,500 a year average, funded by borrowing PM announces £150bn scheme and resumption of fracking as she pledges to tackle root causes of crisis