Pound today: Liz Truss to meet head of UK’s independent fiscal watchdog after market meltdown at mini-budget

Prime minister Liz Truss and chancellor Kwasi Kwarteng will meet the head of Britain’s independent fiscal watchdog today following a market meltdown triggered by the mini-budget. In an unusual move, Ms Truss and chancellor Kwarteng will meet the chairman of the Office for Budget Responsibility (OBR) Richard Hughes to discuss the economic and fiscal developments. … Read more

Incels waging ‘war against women’ and pose ’emerging threat to children’, study finds | UK News

Warning: this article contains terms and references readers may find offensive. The incel movement is waging a “war against women” and poses a growing threat to children, according to a report that calls on tech companies to intervene to stop the radicalisation of lonely men and boys online. The incel – or ‘involuntarily celibate’ – … Read more

Truss and Kwarteng to meet fiscal watchdog today after MPs demand full economic forecast | Politics News

Liz Truss and Kwasi Kwarteng will meet the head of the UK’s independent fiscal watchdog today. The talks with the Office of Budget Responsibility come after a week of economic turmoil following last Friday’s mini-budget. It is highly unusual for a PM to attend an OBR meeting – but the Treasury has denied that this … Read more

Harry Dunn crash: Anne Sacoolas appears by video link before UK court | UK news

Anne Sacoolas, the US citizen accused of causing the death of the British teenager Harry Dunn by dangerous driving, has appeared before a UK court by video link, where a magistrate granted her unconditional bail. Her appearance, sitting beside one of her lawyers, marks the end of a three-year wait by Dunn’s family for criminal … Read more

Harry Dunn’s alleged killer Anne Sacoolas expected to plead guilty to death by careless driving

Harry Dunn’s alleged killer is expected to plead guilty to causing the teenage motorcyclist’s death by careless driving, a court has heard. Anne Sacoolas appeared at Westminster Magistrates’ Court via video link from the United States as the 19-year-old’s extended family watched from the public gallery. The 45-year-old is accused of causing the teenager’s death … Read more

Spectre of return to austerity raises alarm in Whitehall

Whitehall officials and trade unions expressed deep concern on Thursday over the prospect of a fresh round of austerity as Liz Truss’s government promised to enforce “iron discipline” over public spending in a bid to restore its battered fiscal credibility. Despite pledges by ministers that the government would stick to existing spending plans, Whitehall insiders … Read more

Liz Truss has offered sound economics, but terrible communication

I write this week in a state of high anxiety, deep concern and, yes, even anger. I am angry at the feeding frenzy that has once again surrounded our Government and our country – but also at the avoidable mistakes that have caused it. The stakes could hardly be higher. This country has been offered … Read more

Treasury watchdog to ask Kwarteng to hand over growth forecasts | Kwasi Kwarteng

Kwasi Kwarteng will be called before parliament’s Treasury watchdog and asked to hand over independent growth forecasts, as its chairman said there is “not a very broad path” out of the current economic situation. Mel Stride, a Conservative MP and chair of the Treasury committee, said Kwarteng was “very, very unlikely to reverse” the £45bn … Read more

More than 40% of mortgages withdrawn as market reels after mini-budget | Housing market

More than 40% of available mortgages have been withdrawn from the market since the UK government announced its mini-budget on Friday, figures show. Lenders began suspending products on Monday as they struggled to price them amid the uncertainty on financial markets – and the volatility and number of offers being removed have snowballed this week. … Read more