Follow breaking news about Liz Truss, the former UK prime minister. She resigned after just 44 days in office, making her the shortest-serving PM ever.
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- NewsThe Independent
Liz Truss spent final days in office ‘preparing for Putin to fire nuclear weapons’
Truss spent hours studying weather data and wind directions amid fears the wrong weather conditions could have a ‘direct fall-out effect on Britain’, book claims
- BusinessSky News
Rachel Reeves avoids Liz Truss moment as markets stabilise
UK markets stabilised on Friday, offering some reassurance to Rachel Reeves as investors, policy makers and business continued to absorb the scale and implications of her first budget. Thursday saw an unusually large increase in the cost of UK government borrowing in response to the massive package of tax rises and increased borrowing. This was not a "Liz Truss" moment - Kwasi Kwarteng's mini-budget triggered the largest single-day increase in more than two decades and pushed the pound down 8%
- NewsThe Guardian
UK still suffering from trauma of Liz Truss, says Treasury minister
Darren Jones says ‘we’ve all got PTSD’ from Truss’s 2022 mini-budget, amid market jitters after this week’s budget
- NewsThe Independent
We’ve all got Liz Truss PTSD, says minister as he defends market reaction to Budget
Treasury minister says situation after Truss’ mini-Budget ‘completely different in contrast to now’
- NewsHuffPost UK
Minister Denies UK Is Back In 'Liz Truss Territory' Amid Worries Over Market Reaction To Budget
"It's a normal thing for the markets to react to a Budget," Darren Jones told LBC.
- NewsThe Telegraph
Don’t rule out deal with Reform UK, Liz Truss tells Tories
The Tories would be “crazy” to rule out a deal with Reform UK, Liz Truss has said.
- NewsHuffPost UK
Liz Truss Uses 1 Word To Describe Labour's Budget And The Irony Is Off The Scale
No one has forgotten what she did with her own mini-Budget, just over two years ago.
- BusinessSky News
Greatest number of mortgages approved per month since Liz Truss mini-budget
The number of mortgages approved in September reached a level not seen in the two years since the Liz Truss mini-budget. According to figures from the Bank of England, the month had the greatest number of mortgage approvals since August 2022, the period just before the market turmoil brought about by Ms Truss's financial statement. Reduced interest rates appear to have helped stoke house buying demand as the central bank enacted the first rate cut in four years, bringing the rate down to 5% in
- EntertainmentThe Guardian
Novelist Jonathan Coe: ‘Liz Truss was very unimpressed to meet me’
His new novel is set during the former PM’s brief premiership, so what happened when they had dinner? The author on politics, cosy crime and bingeing Friends
- NewsThe Guardian
Treasury installs ‘guard rails’ to avoid Liz Truss-style budget meltdown
Rachel Reeves is to seek advice from City experts to ensure big projects’ value for money and reassure markets