Kwasi Kwarteng Latest Celebrity News & Gossip

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.

Kwasi Kwarteng did not commit to nor rule out a U-turn on corporation tax, despite growing pressure to abandon even more parts of the recent mini-budget which caused market turmoil.

Liz Truss was under fire from her own MPs as they demanded more U-turns on her tax-slashing agenda after she ruled out spending cuts to balance the books.

Ian Blackford has accused Liz Truss of "ignoring the damage and the chaos" of her mini-budget that plunged the markets into turmoil due to her unfunded tax cuts.

The Department for Work and Pensions (DWP) will announce the State Pension and benefits uprating next month following a scheduled annual review which takes place after the release of the September Consumer Price Index (CPI) inflation figures in October.

A warning from Liz Truss has come back to haunt her after footage showing her saying a tax cuts bonanza would lead to "boom and bust" was unearthed.

The government has confirmed when a decision will be made on whether or not to raise benefits in line with inflation or earnings.

Kwasi Kwarteng will publish his financial strategy and economic plans earlier than expected, on October 31. It comes after the Chancellor faced mountain pressure to reveal his medium-term fiscal plan.

In April this year, the government passed the Elections Act 2022 which will see photo ID required by voters in Great Britain for the first time.

HBO series Succession.On Monday (October 3), the Chancellor of the Exchequer said in a statement that “we get it and we have listened”, as he announced plans to scrap a controversial tax cut for those earning over £150,000 a year.His statement, however, was soon mocked on social media, with many comparing it to a speech given by Sarah Snook’s character Shiv Roy in Succession.In a season three episode of the hit show, Shiv used the phrase “we get it” while addressing Waystar Royco employees about a series of scandals that had hit the company.“As a #Succession obsessive, I’m really enjoying the tories leading with “We get it” on the 45p tax rate climb down. Is @lucyprebblish writing the script for our government now?” wrote one person.Another joked: “Does the UK government have the same PR advisers as Waystar Royco?”“Wasn’t ‘we get it’ literally the slogan Waystar went with in Succession after it came out that they’d done a bunch of shady things? And then ‘we hear you’ after their version of Siri was spying on people?” added another.As a #Succession obsessive, I'm really enjoying the tories leading with "We get it" on the 45p tax rate climb down.

Nicola Sturgeon has accused Liz Truss of "ranting" about her opponents during the Prime Minister's speech to the Conservative party conference today.

Prime Minister Liz Truss has defended her Government’s disastrous mini budget that nearly tanked the UK economy.

The Work and Pensions Committee has pressed Chancellor Kwasi Kwarteng to honour the commitment made by the former Chancellor, Rishi Sunak, to uprate benefits in April 2023 in line with the September 2022 Consumer Price Index (CPI) rate.

Despite coming into power just weeks ago, the current Conservative government is already facing pressure to call a general election after a chaotic few weeks.

The government has confirmed that millions of households all across the UK will soon receive the second instalment of the £650 cost of living payment.

Conservative Party conference in Birmingham on Monday where Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are facing tough questions about their controversial tax-cutting mini budget announced last week.  Former Made In Chelsea star Georgia was seen hanging around the event alongside Stanley, who is father of former Prime Minister Boris Johnson.

Martin Lewis has set the record straight after the government released some 'irresponsible' advice for first-time buyers. The Money Saving Expert founder was back at the helm of Good Morning Britain alongside Susanna Reid on Monday (September 3) to offer his expert advice in a special cost of living episode.

Nicola Sturgeon has accused the Conservatives of "utter ineptitude" after the UK Government announced it would no longer cut the top rate of income tax for millionaires.

As the Prime Minister Liz Truss was grilled by Laura Kuenssberg, viewers questioned whether she REALLY understands that 'people are worried'. The PM was quizzed by the BBC presenter on Sunday morning (October 2).

UK newspaper The Mirror has apologised for its “terrible error” after mistakenly including a picture of the wrong person in a story about the new Chancellor of the Exchequer Kwasi Kwarteng. 

This year continues to be a difficult one for many, especially Manchester’s hospitality businesses. While the cost of living rises for domestic households are starting to be felt, Manchester’s restaurants, bars and pubs have also been feeling the strain as the cost of ingredients soars along with their energy bills and general operating costs.

Prime Minister Liz Truss admitted that it will be a “difficult winter” for the UK hours before the new energy price cap came into force from today (Saturday, October 1). But she defended the mini-budget revealed earlier this week despite the “disruption” the plans caused.

The Scottish Government has asked for an urgent meeting with the Chancellor to discuss "reversing the damaging effects of the UK Government's tax proposals".

The independent fiscal watchdog will deliver a forecast to the Chancellor next week as the fall-out from the mini-budget continues.

Alister Jack has claimed the biggest tax cuts in the United Kingdom since 1972, funded by £72 billion a year in borrowing, are "small".

A Tory minister has been mocked after he refused to accept that Liz Truss and Kwasi Kwarteng were "peddling fantasy economics" during the mini budget.

During a time of financial crisis there is one person that many people turn to for advice - and that is Martin Lewis. The Money Saving Expert founder often offers reliable, up-to-date guidance for those struggling in the midst of the cost of living crisis, but today (September 28) it appeared the finance guru became lost for words.

The Scottish Conservatives have been accused of "hypocrisy" for supporting Liz Truss's tax cuts for the wealthy, despite several MSPs refusing to vote for her as leader. A group of prominent Tories endorsed Rishi Sunak's leadership campaign - which promised a focus on tackling inflation - before quickly embracing the new Prime Minister after the former Chancellor lost earlier this month.

MP Rupa Huq has been suspended from the Labour Party after she was heard describing the chancellor, Kwasi Kwarteng, as "superficially" black.

A beautiful new photograph of the late Her Majesty the Queen has been released. In the black and white picture is a young Queen Elizabeth looking up at the camera.The portrait was taken by Dorothy Wilding, and was the first official sitting of the late monarch after she took the throne.The release of the photo comes as the Royal Family return to their duties today, Tuesday 27 September.

First-time buyers are amongst those struggling to afford their own home amidst the cost of living crisis. According to Rightmove, the average monthly mortgage payment for new first-time buyers who are putting down a 10 per cent deposit has now reached £1,057.

The pound has fallen to a record low on international currency markets after Kwasi Kwarteng, announced the UK’s biggest tax cuts in 50 years last Friday.

Tory tax cuts for the richest have left the UK's public finances in "a very dangerous place", John Swinney has warned.

The British pound fell to an all-time low against the dollar as markets reacted to the UK’s biggest tax cuts in 50 years.

The pound has hit an all-time low against the dollar while Chancellor Kwasi Kwarteng has defended his tax cuts, which benefit high earners most. Sterling slumped last Friday (September 23) moments after the new Chancellor revealed his 'mini-budget' in the House of Commons.

A National Trust boss has hit out at the Government’s latest plans that are going ‘in the opposite direction’ to supporting the environment. The organisation believes that the recent Investment Zones announcement made by new Chancellor Kwasi Kwarteng on Friday could lead to harm for green spaces.