Liz Truss lays into Rachel Reeves over economy and trip to China
5 days, 16 hours ago

Liz Truss lays into Rachel Reeves over economy and trip to China

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Truss has accused Reeves of pushing Britain ‘to the brink of economic crisis’ He claimed Britons are having to “pay the price for yet another socialist government taxing and spending their way into trouble,” adding it is time for Ms Reeves to “change course”. He said Ms Reeves should cancel her travel “and focus on this country instead.” In the Commons, Reform UK deputy leader Richard Tice said Ms Reeves should “return from her ridiculous trip” given that the pound is “almost collapsing”. Lord Hammond, who was also previously foreign secretary, told BBC Radio 4’s World at One: “I wouldn’t personally recommend the chancellor to cancel her trip to China. I think the trip to China is important and I think this can wait until she gets back next week, but I do think she will need to reassure parliament about what is going on when she does get back next week.” He added: “I think it’s right that we don’t get obsessed with single-day movements in the markets because there are a lot of short-term drivers in the markets as well, but it’s clear that on a medium-term trajectory the markets are concerned about the sustainability of the fiscal position in the UK and about the robustness of UK economy.” But outside the Commons, Liberal Democrat leader Sir Ed Davey backed Tory calls for Ms Reeves to cancel her trip.

China Labour Trip Reeves Britain Westminster Email View Tory Commons Ms Reeves Chancellor Ms Truss Truss Lays  trip  liz  reeves  rachel  truss  lays  ms  china  economic  chancellor  economy  uk  markets  think

History of this topic

Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears
17 hours, 31 minutes ago

Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Addressing the Commons on Tuesday, Ms Reeves also faced questions over her decision to travel …

Reeves will be Chancellor for whole of this Parliament, No 10 says
Top News
1 day, 20 hours ago

Reeves will be Chancellor for whole of this Parliament, No 10 says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves will be Chancellor …

UK Plc wants rid of Rachel Reeves – and for good reason
2 days ago

UK Plc wants rid of Rachel Reeves – and for good reason

The Independent  

Business leaders are unimpressed with Rachel Reeves or her boss, for that matter, Sir Keir Starmer. Meanwhile, what many see as the old Labour-mindset kicked in, favouring public workers, handing out wage rises which must be paid for – and placating the traditional union influencers. This, against a backdrop of fear and uncertainty in business versus increasing globalisation and competition; …

Rachel Reeves facing calls to cancel controversial China trip as pound tumbles
5 days, 7 hours ago

Rachel Reeves facing calls to cancel controversial China trip as pound tumbles

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. These include: Gilts underpinning government debt at a higher level than during the crisis that …

Rachel Reeves must now tell us when things are going to get better
5 days, 17 hours ago

Rachel Reeves must now tell us when things are going to get better

The Independent  

Having generated such a handsome amount of political capital from the chaotic failure of the last Conservative government to manage the public finances, it must be doubly galling for Rachel Reeves to be faced with her own fiscal crisis – and disobliging headlines about market turbulence – so soon in her own chancellorship. The cost of servicing the UK national …

Truss sends Starmer cease and desist letter over claim she crashed the economy
6 days, 1 hour ago

Truss sends Starmer cease and desist letter over claim she crashed the economy

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The former prime minister’s lawyers have said the remarks - made since the lead-up to …

Reeves insists public services will have to ‘live within their means’
1 month, 1 week ago

Reeves insists public services will have to ‘live within their means’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ms Reeves told the conference, Speaking to reporters later on Tuesday, she suggested the …

Lettuce banner proclaiming ‘I crashed the economy’ halts Liz Truss event
5 months ago

Lettuce banner proclaiming ‘I crashed the economy’ halts Liz Truss event

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A banner proclaiming “I crashed the economy” featuring a picture …

Diane Abbott accuses Rachel Reeves of ‘renewed austerity’
5 months, 2 weeks ago

Diane Abbott accuses Rachel Reeves of ‘renewed austerity’

The Telegraph  

Diane Abbott has accused Rachel Reeves of presiding over an era of “renewed austerity”, with the veteran Labour MP leading a Left-wing backlash against the Chancellor’s spending cuts. The Hackney North and Stoke Newington MP, who had the Labour whip restored shortly before the general election after a prolonged suspension, wrote on X, formerly Twitter: “Departmental cuts, spending cuts, welfare …

Labour will fight the next election on the economy, says Rachel Reeves as she offers ‘securonomics’ and stability
8 months, 1 week ago

Labour will fight the next election on the economy, says Rachel Reeves as she offers ‘securonomics’ and stability

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. She said: “We …

I don’t want to be PM again, Liz Truss insists as she refuses to apologise
8 months, 3 weeks ago

I don’t want to be PM again, Liz Truss insists as she refuses to apologise

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Liz Truss has claimed she does not want to be prime …

The facts that prove Trussonomics was always doomed to fail
8 months, 4 weeks ago

The facts that prove Trussonomics was always doomed to fail

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Former prime minister Liz Truss sat alongside her former friend …

Former U.K. leader Liz Truss blames others for her brief, chaotic tenure — and she endorses Trump
8 months, 4 weeks ago

Former U.K. leader Liz Truss blames others for her brief, chaotic tenure — and she endorses Trump

LA Times  

Former British Prime Minister Liz Truss speaks during this year’s Conservative Political Action Conference in Oxon Hill, Md., on Feb. 22. Tim Bale, professor of politics at Queen Mary University of London, said Truss’ media onslaught “confirms her transformation into a radical right-wing populist.” Truss became prime minister in September 2022 when she was elected by the governing Conservative Party …

Labour will grow the economy without wrecking it like Liz Truss, Rachel Reeves
1 year, 3 months ago

Labour will grow the economy without wrecking it like Liz Truss, Rachel Reeves

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves said …

Labour’s Rachel Reeves deletes tweet in row over business flight to New York
1 year, 7 months ago

Labour’s Rachel Reeves deletes tweet in row over business flight to New York

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Labour’s Rachel Reeves …

Column: Britain’s prime minister followed the GOP’s economic plan. She lost her job in record time.
2 years, 2 months ago

Column: Britain’s prime minister followed the GOP’s economic plan. She lost her job in record time.

LA Times  

Former British Prime Minister Liz Truss announces her resignation on Oct. 20 after the collapse of a disastrous conservative economic plan. “The new U.K. Prime Minister Liz Truss has laid out a terrific supply-side economic growth plan, which looks a lot like the basic thrust of Kevin McCarthy’s ‘Commitment to America’ plan,” he told viewers of his daily program that …

Liz Truss’s history of U-turns as PM steps down after just 45 days in power
2 years, 2 months ago

Liz Truss’s history of U-turns as PM steps down after just 45 days in power

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in …

World’s media assess Liz Truss’s demise and UK political turmoil
2 years, 2 months ago

World’s media assess Liz Truss’s demise and UK political turmoil

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Washington Post’s editorial board has put forward a strategy for Britain to “right …

Losing trust in Truss, and why it matters
2 years, 2 months ago

Losing trust in Truss, and why it matters

Hindustan Times  

Even by the chaotic standards set by post-Brexit Britain, the 45 stormy days with Liz Truss at the helm were unprecedented. Ms Truss lost two senior ministers in two weeks, the Conservative Party’s whip and deputy whip reportedly quit, and the backbencher Members of Parliament were up in arms against what they see as rank incompetence. The country now stares …

How Liz Truss finally realised the game was up. Then the briefest speech and she was gone.
2 years, 2 months ago

How Liz Truss finally realised the game was up. Then the briefest speech and she was gone.

The Telegraph  

But by then, the Prime Minister had already concluded the game, according to multiple Number 10 insiders, with her mind set before seeing Sir Graham Brady, the 1922 Committee chairman. Thérèse Coffey, Ms Truss’s deputy and one of her closest friends in Parliament, was seen entering Number 10 at 12.25pm. “She thanked everyone.” The speech lasted just a few minutes …

UK Prime Minister Liz Truss resigns after six weeks in office
2 years, 2 months ago

UK Prime Minister Liz Truss resigns after six weeks in office

Al Jazeera  

Truss, heavily criticised for her economic agenda, to leave Downing Street just weeks after being appointed. “But no new prime minister’s position has unravelled so early into their premiership or so catastrophically as Truss’s has over the last few weeks.” The 47-year-old, who entered parliament in 2010, found herself in a first cabinet position in 2014 as secretary of state …

Liz Truss battles on but poll suggests Tory members have lost faith
2 years, 2 months ago

Liz Truss battles on but poll suggests Tory members have lost faith

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Asked whether Ms Truss was concerned about ministers discussing …

UK PM Liz Truss Says Sorry For Economic 'Mistakes' But Vows To Stick Around
2 years, 2 months ago

UK PM Liz Truss Says Sorry For Economic 'Mistakes' But Vows To Stick Around

ABP News  

United Kingdom Prime Minister Liz Truss apologised for “mistakes” in her economic programme that shook investors’ confidence and plunged her poll ratings but said that she won’t step down from her post amid reports that British MPs are preparing to oust her by submitting a no-confidence motion against her. On Friday, Truss sacked her close ally Kwasi Kwarteng from the …

UK Truss apologises for risking economic stability with tax plans
2 years, 2 months ago

UK Truss apologises for risking economic stability with tax plans

Al Jazeera  

Prime Minister Liz Truss has apologised for threatening the United Kingdom’s economic stability after she was forced to scrap her vast tax-cutting plans and embark on a programme of “eye-watering” public spending cuts instead. After weeks of blaming the markets and “global headwinds” for investors dumping the pound and government bonds, Truss on Monday evening said she was sorry for …

The U.K.'s Liz Truss hangs on by a thread as she loses another Cabinet minister
2 years, 2 months ago

The U.K.'s Liz Truss hangs on by a thread as she loses another Cabinet minister

NPR  

The U.K.'s Liz Truss hangs on by a thread as she loses another Cabinet minister Enlarge this image toggle caption Daniel Leal/AP Daniel Leal/AP LONDON — Britain's still very new Prime Minister Liz Truss continues to bat away repeated questions about her own future at No. Enlarge this image toggle caption Kin Cheung/AP Kin Cheung/AP But in a clear criticism …

Will Liz Truss Last As UK Prime Minister To The End Of The Week? Here Is How Things Stand
2 years, 2 months ago

Will Liz Truss Last As UK Prime Minister To The End Of The Week? Here Is How Things Stand

ABP News  

"This is now looking like a political drama from South America but minus the military uniforms and red berets," said a political commentator. By the end of this week, Britain will, in all probability, have its fourth conservative Prime Minister in as many years as the current tenant of 10 Downing Street -- Liz Truss -- aims to claim the …

Liz Truss warned ‘the game is up’ as Tory MPs call for her to resign
2 years, 2 months ago

Liz Truss warned ‘the game is up’ as Tory MPs call for her to resign

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tory grandee Sir Malcolm Rifkind told The Independent it was “in the national interest” for …

Fuel to the fire: On the Liz Truss government’s missteps
2 years, 2 months ago

Fuel to the fire: On the Liz Truss government’s missteps

The Hindu  

The United Kingdom is fast becoming a cautionary tale for how bad politics can lead to even worse economics. Prime Minister Liz Truss was once seen as a new hope for breathing life back into the sinking fortunes of the U.K. Conservative Party after its previous leader, Boris Johnson, squandered the goodwill of success with the COVID-19 vaccine programme and …

UK’s Liz Truss struggles to save premiership after tax U-turns
2 years, 2 months ago

UK’s Liz Truss struggles to save premiership after tax U-turns

Al Jazeera  

Truss is trying to keep her job after making U-turns on two major policies, as new Chancellor Hunt makes a new budget plan. Britain’s Prime Minister Liz Truss is insisting on her devotion to “sound” economics as she heads into crisis talks with her new finance minister, and a tense week of plotting by Conservative critics. With even US President …

Liz Truss clinging to power as new Chancellor prepares to shred economic plan
2 years, 2 months ago

Liz Truss clinging to power as new Chancellor prepares to shred economic plan

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Amid warnings of “difficult decisions” to come over the next two weeks, Mr Hunt …

'Not going anywhere' says UK finance minister, amid talk of new U-turns
2 years, 3 months ago

'Not going anywhere' says UK finance minister, amid talk of new U-turns

Firstpost  

Pressure on the government intensified after a YouGov poll published by The Times newspaper said 43 per cent of Conservative voters wanted a new prime minister in Downing Street London, United Kingdom: Britain’s beleaguered finance minister insisted Thursday he was safe in his job but endured a rebuke in Washington from the International Monetary Fund over his misfiring economic policies. …

Liz Truss ditches another big tax cut and fires her finance minister
2 years, 3 months ago

Liz Truss ditches another big tax cut and fires her finance minister

CNN  

London CNN Business — UK Prime Minister Liz Truss has fired finance minister Kwasi Kwarteng and ditched a big part of her discredited economic strategy in a desperate bid to rescue her month-old premiership. Kwarteng presented a “mini budget” just three weeks ago, promising tax cuts worth £45 billion and increased borrowing with the hope of boosting UK economic growth. …

Liz Truss loyalist tells Tory critics to ‘shut up’
2 years, 3 months ago

Liz Truss loyalist tells Tory critics to ‘shut up’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “But one idea doing the rounds is that Penny Mordaunt and Rishi Sunak, who, after …

UK PM Truss under pressure to ditch economic plan
2 years, 3 months ago

UK PM Truss under pressure to ditch economic plan

The Hindu  

A senior member of the U.K. government on Thursday rejected suggestions that Prime Minister Liz Truss should step down after lawmakers from her own party criticized Ms. Truss for economic policies that have sparked turmoil on financial markets. Ms. Truss has “trashed the last 10 years of workers’ Conservatism,” British media quoted Robert Halfon, chairman of the House of Commons …

Shaken UK Conservatives seek unity after Truss’ rocky start
2 years, 3 months ago

Shaken UK Conservatives seek unity after Truss’ rocky start

Associated Press  

LONDON — U.K. government ministers implored Conservative colleagues to rally behind Prime Minister Liz Truss after a disastrous start to her premiership that has left the governing party demoralized and divided. Cabinet minister Nadhim Zahawi told the BBC that with two years or less until the next general election, the party should “get behind Liz because division will cause delay, …

Truss puts faith in growth plan to quell Tory opposition and save premiership
2 years, 3 months ago

Truss puts faith in growth plan to quell Tory opposition and save premiership

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. James Cleverly insisted Ms Truss will lead the Tory …

UK’s Truss promises Tories her ‘disruption’ agenda will pay off
2 years, 3 months ago

UK’s Truss promises Tories her ‘disruption’ agenda will pay off

Al Jazeera  

The British leader closes a Conservative Party conference with a pledge to ride out the turmoil unleashed by her tax-cutting agenda. UK Prime Minister Liz Truss has pledged to ride out the turmoil unleashed by her tax-cutting agenda, saying the “disruption” will pay off in a wealthier, more efficient Britain. Truss on Wednesday closed a tumultuous Conservative Party conference in …

UK's Liz Truss sticks by economic plan as her party worries
2 years, 3 months ago

UK's Liz Truss sticks by economic plan as her party worries

Hindustan Times  

British Prime Minister Liz Truss said Sunday that she could have done a better job “laying the ground” for her package of unfunded tax cuts, but insisted she would push on with an economic plan that has caused turmoil on financial markets and weakened the country's public finances. Gove said there was “an inadequate realization at the top of government …

UK’s Truss sticks by economic plan as her party worries
2 years, 3 months ago

UK’s Truss sticks by economic plan as her party worries

Associated Press  

LONDON — British Prime Minister Liz Truss said Sunday that she could have done a better job “laying the ground” for her package of unfunded tax cuts, but insisted she would push on with an economic plan that has caused turmoil on financial markets and weakened the country’s public finances. The comments are unlikely to calm Truss’ Conservative Party, which …

British PM Liz Truss says she should have laid ground better for economic plan
2 years, 3 months ago

British PM Liz Truss says she should have laid ground better for economic plan

The Hindu  

British Prime Minister Liz Truss moved to reassure her party and the public on Sunday, saying she should have done more to "lay the ground" better to try to minimise market reaction, which saw the pound hit record lows and government borrowing costs soar. On the first day of her governing Conservative Party's annual conference, Truss, in power for less …

PM Liz Truss defends uncosted UK tax cuts despite market turmoil
2 years, 3 months ago

PM Liz Truss defends uncosted UK tax cuts despite market turmoil

Al Jazeera  

Truss says big tax cuts are the right path for the UK, refusing to consider reversing the so-called ‘mini budget’. British Prime Minister Liz Truss has defended her economic plan and shrugged off the negative reaction from financial markets, saying she is willing to make “difficult decisions” to get the economy growing. In her first public comments since the government’s …

Calls for Truss to ‘come out of hiding’ as Bank fights turmoil caused by Budget
2 years, 3 months ago

Calls for Truss to ‘come out of hiding’ as Bank fights turmoil caused by Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Bank’s intervention to calm volatile gilt markets came after the International Monetary Fund took …

Furious Tory MPs hit out at chancellor after they are invited to a meeting to discuss his budget
2 years, 3 months ago

Furious Tory MPs hit out at chancellor after they are invited to a meeting to discuss his budget

The Independent  

Conservative MPs have been invited to a meeting with chancellor Kwasi Kwarteng on Tuesday after the pound plunged to an all-time low against the US dollar amid renewed fears over the government’s plans. Former Tory Treasury minister Lord O’Neill described Mr Kwarteng’s mini-budget as “slightly cavalier”. The Tory peer told BBC Radio 4’s World at One that the market response …

Liz Truss: Who is the UK’s new prime minister?
2 years, 4 months ago

Liz Truss: Who is the UK’s new prime minister?

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

New British PM Liz Truss promises to ride out economic storm
2 years, 4 months ago

New British PM Liz Truss promises to ride out economic storm

Al Jazeera  

In an address to the nation, new British Prime Minister Liz Truss pledges to ‘ride out the storm’ of economic crisis. Liz Truss has promised to “ride out the storm” of economic crisis in her first address since taking over as British prime minister, pledging immediate action to tackle a set of challenges led by soaring energy bills, looming recession …

We can ride out the storm, says Liz Truss as she freezes energy bills
2 years, 4 months ago

We can ride out the storm, says Liz Truss as she freezes energy bills

The Telegraph  

Liz Truss on Tuesday declared that Britain could “ride out the storm” of the cost of living crisis as she prepared to freeze annual energy bills for households at around £2,500. Speaking from the steps of Number 10 under grey clouds, the new Prime Minister used her first speech to reassure the country that financial help was coming. Household energy …

Liz Truss refuses to commit to more cost-of-living support if she becomes PM
2 years, 5 months ago

Liz Truss refuses to commit to more cost-of-living support if she becomes PM

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, Defence Secretary Ben Wallace, who is backing Ms …

Liz Truss U-turns: All the times her policies have been ‘misinterpreted’
2 years, 5 months ago

Liz Truss U-turns: All the times her policies have been ‘misinterpreted’

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please …

Rishi Sunak says Liz Truss risks tipping millions into ‘economic misery’ in acrimonious head-to-head debate
2 years, 5 months ago

Rishi Sunak says Liz Truss risks tipping millions into ‘economic misery’ in acrimonious head-to-head debate

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak has warned Liz Truss risks tipping millions into “economic …

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