Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to.. Sky News
A government minister has said she won't be reading Liz Truss's memoir of her brief time in Downing Street as "that's a period I'm not interested in.. Sky News
Responding to The Office for Budget Responsibility’s figures, forecasting that national debt will rise every year for the next four years, the prime minister says it is "very important we have debt under control" and points to the "context" of the last few years, including the pandemic.
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The chair of the Office for Budget Responsibility says the chancellor still has £9 billion in headroom after announcing a 2p National Insurance tax cut in his Budget. Richard Hughes adds the OBR has revised projected net migration figures to 315,000 a year, despite the government's promises to cut the number. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Richard Hughes, Andy King and Professor David Miles CBE - members of the OBR's budget responsibility committee have taken part in a meeting with Chancellor Kwasi Kwarteng and Prime Minister Liz Truss..