‘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.
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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."
International Monetary Fund sends unprecedented warning letter to Kwarteng
The BBC's Faisal Islam said IMF's stinging rebuke is without a clear precedent.
UK markets have lost $500 billion since Liz Truss took charge
Truly World-beating.
Kwarteng faces massive market turmoil after disastrous day for sterling
The Treasury moved to settle the markets with the promise of a Budget next spring as the pound tumbled against the dollar on Monday.
Letters of no confidence in Liz Truss handed in amid fears she will ‘crash the economy’
A former Tory minister MP has said the new prime minister is "f*****" and the party are already looking to bring her down.
New polling gives Labour highest lead since 2001
Six in 10 voters think Kwasi Kwarteng's budget was unfair - the worst rating of any fiscal event since 2010.
Larry Summers says Brexit has turned UK into a ‘submerging market’
"I am very fearful for Britain on the path that it is travelling."