Bank of England governor warns of further interest rates rise amid mortgage crisis

Controversial plans to privatize Channel 4 are set to be dropped as British PM Rishi Sunak reassesses campaign and policy pledges made by his past two predecessors and gears up to set his own legislative agenda, according to new reports.

Rishi Sunak has again refused to commit to raising benefits and the state pension in line with inflation.

A Tory minister has been slammed after suggesting there could be "some little man in China" eavesdropping on his own private conversations on the phone as he fielded questions over security breaches concerning senior UK Government figures.

Jeremy Hunt has been urged to rethink his plan to raise alcohol duty amid warnings it could risk jobs in Scotland's vital food and drink sector.

Rishi Sunak took aim at Liz Truss during his first address to the nation as prime minister saying "mistakes were made" while she was in office.

Incoming British Prime Minister Rishi Sunak has promised to unite the country “not with words but with actions” and said “mistakes were made” during the disastrous 44-day reign of his now-predecessor Liz Truss.

Rishi Sunak has officially been appointed the 57th Prime Minister after he met the King at Buckingham Palace today.

Liz Truss said the best way to deal with Nicola Sturgeon was to ignore her. It was one policy the outgoing Tory leader managed to stick to - she never had a formal meeting with the First Minister during her time in Downing Street.

Rishi Sunak is to become the UK’s next Prime Minister, the third in three months.

Scottish Tory leader Douglas Ross has claimed the “optics” of the chaos surrounding Liz Truss’ Government are “awful”. Ross said the Tory Government would “deal” with bread and butter issues like mortgages, weeks after Truss and her colleagues tanked the UK economy.

Porridge Radio have announced that a set number of discounted tickets will be set aside for each of their shows, designed to help fans struggling to afford them in the current economic climate.The initiative comes after it was reported that the annual cost of energy bills in the UK is forecast to hit £4,347, following Conservative Prime Minister Liz Truss’ recent U-turn on government support.Posting on the band’s Instagram account, they wrote: “In response to the current cost of living crisis, we’ve decided to set aside 30 tickets per show for our headline UK shows to be discounted for people who have not been able to buy tickets due to financial worries. We hope this makes the shows more accessible to those who want to come.“These tickets will be sold purely on an honour system – we will trust that those who do not need the discount will not use up the limited supply.

Drivers have been hit by higher fuel prices due to the pound's falling value, according to new analysis. The drop in sterling has added 7p per litre to drivers’ fuel bills over the past year, a review by the Competition and Markets Authority (CMA) has found.

Prime Minister Liz Truss is to hold a press conference later on Friday, Downing Street has said.

Kwasi Kwarteng has cut his trip to the US short to fly home for 'crunch talks' with Liz Truss amid the expectation of another major mini-budget U-turn.

Belle & Sebastian has shared his thoughts on the Conservative Party  during a recent appearance as a panellist on BBC’s Question Time.The Scottish musician was joined on the panel by a range of politicians from his home country, including Scottish Labour leader Anas Sarwar, Deputy First Minister John Swinney and Scottish Conservatives leader Douglas Ross.During the show – which was filmed in Musselburgh and aired yesterday (October 13) in the UK – the panel discussed a range of topics, from Scottish Independence to the country’s view on UK Prime Minister Liz Truss. When asked for his opinion of the UK’s Conservative Party – of which Truss is the leader – Murdoch said: “the Conservative [Party] don’t care about people.”“What an insult that we should be expected to eat the crumbs off a rich person's table…we should be at that table”Musician @nee_massey discusses public opinion of the Tories #bbcqtWatch now on @BBCiplayer: https://t.co/MAupYw9noo pic.twitter.com/oR8lTaOJJi— BBC Question Time (@bbcquestiontime) October 13, 2022“I feel like we’re living on a completely different planet,” he said, “they’re tone-deaf to the needs of ordinary people.” Later, Murdoch referenced Truss’ trickle-down economic plan, which she announced as part of a “mini-Budget” introduced last month.