Politics News

Liz Truss has admitted that she "should have laid the ground better" for the government's tax-cutting mini-budget after the pound slumped to a record low.

Kwasi Kwarteng is facing calls for an official inquiry following a report that he attended a private champagne reception with hedge fund managers following his mini-budget.

Conservative MPs will lose the party whip if they vote against Chancellor Kwasi Kwarteng's tax-cutting mini-budget, a senior Tory has said.

The devolved governments of the UK want an urgent meeting with Chancellor Kwasi Kwarteng to discuss immediate action to reverse the damaging effects of the mini-budget.

The fact that the Tory Party conference is happening only five miles away in Birmingham may have escaped many of the shoppers in West Bromwich, but they all had an opinion on Liz Truss and her first few weeks in office.