‘This inept madness cannot go on’: Tories turn on Truss
Divisions are emerging in the Conservatives after the Chancellor’s mini-budget prompted turmoil in the markets and talk of a financial crisis.
UK becoming an ‘international laughing stock’
"I actually feel bad for Liz Truss, because this was the first bill that she proposed - and it tanked the entire economy."
Labour demands recall of Parliament after mini-budget triggers chaos
Labour leader Sir Keir Starmer said the Government should abandon the measures announced by Kwasi Kwarteng before more damage is done.
People are sharing the ending to The Big Short
"I have a feeling that in a few years people are going to do what they always do when the economy tanks. They will be blaming immigrants and poor people."
Moody’s deems UK’s new fiscal policy regime ‘credit negative’
“It appears everyone is unusually united in their objection to the Treasury’s tax-cutting plans."
Bank of England launches emergency gilt market operation to prevent borrowing costs from spiralling out of control
The Bank said: “Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability."
Fears of a Labour government is what caused the market turmoil, claims Tory peer
Daniel Hannan played down concerns about the £45 billion package of tax cuts announced by Chancellor Kwasi Kwarteng.
Wes Streeting blasts out ‘I’m loving Starmer instead’ with live band
Spoiler: He's a bloody good singer!
International Monetary Fund sends unprecedented warning letter to Kwarteng
The BBC's Faisal Islam said IMF's stinging rebuke is without a clear precedent.