Politics

After allowing her chancellor to rewrite the government’s energy price plan, Liz Truss has just removed one of her biggest remaining arguments for staying in power. Yes, reversing the Kwarteng income tax cut, abolishing the dividend tax changes and the VAT-free shopping scheme are very politically painful. But abandoning the existing energy price cap scheme
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A senior Tory has accused the government of looking “like libertarian jihadists” and treating the country as “laboratory mice” over the past few weeks. Robert Halfon, former deputy chairman of the Conservative Party and an education minister under Theresa May, said he believes Liz Truss needs to apologise to the public for the economic turmoil
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Discussions are under way in Downing Street over whether to scrap some of the contentious proposals in the chancellor’s tax-cutting mini-budget, Sky News understands. The proposed changes to corporation tax and dividend tax are understood to be under discussion. Downing Street insisted earlier on Thursday that there will be no more U-turns on policies in
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Liz Truss has pledged not to cut public spending to balance the books in her first PMQs since the chancellor’s contentious mini-budget – despite a leading economics-focused think tank warning the government is billions short of the sums needed. The prime minister insisted she was “absolutely” not planning public spending reductions, but vowed that taxpayers’
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Sir Keir Starmer has removed his chief of staff as part of a major restructuring of the Labour leader’s office as he moves the party to an “election footing”. In a statement released on Tuesday, the party said the Labour leader held a call with staff this morning alongside the general secretary and announced plans
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Chancellor Kwasi Kwarteng’s debt-cutting plan will be published on 31 October – three weeks earlier than planned – alongside an independent economic forecast, the Treasury has confirmed. Both the publication of the medium-term financial plan and the forecast by the Office for Budget Responsibility (OBR) had been due on 23 November, but the chancellor has
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