Former Chancellor Kwasi Kwarteng had admitted that he and Liz Truss “could have done things differently” while in office, but stopped short of apologising for his fiscal plan that sent markets into a frenzy.
Speaking with Channel 4 News’s Cathy Newman, he said: “I’m not going to apologise … I accept responsibility for a turbulent time, I think we tried to do too much, too quickly … I don’t think politicians should apologise for everything and I’ve said that repeatedly.” Report by Buseld.
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Labour Leader Sir Keir Starmer has set out his plans to ensure the Office for Budget Responsibility assesses every major fiscal statement by the government, to avoid future market fallouts like the one sparked by Liz Truss in 2022.
During a visit to the London Stock Exchange, he said: “Just a year or so ago we had the disastrous mini-budget of Liz Truss and people are still paying the price for that and that can never be allowed to happen again.” Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Liz Truss defends her economic policies of 2022, but admits to being “in a rush” during her short term as prime minister, insisting “it was important to take action”. During a speech at the Institute For Government, the former PM insists she wanted to deliver “change” voted for by the electorate in 2016 and 2019 and “knew we had limited time”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour’s Jonathan Ashworth says Liz Truss making a speech on how to save the economy is like a scene out of the BBC comedy ‘The Thick of It’. The shadow paymaster general says, “you couldn’t make it up, she’s also writing a book called 10 Years to Save the West, this is after she spent 44 days trashing the UK economy”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Rishi Sunak arrives at a wet Manchester, with his wife Akshata Murty, on the eve of the Conservative Party Conference. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Police in the US have charged a sixty-year-old former gang leader with the 1996 murder of hip-hop star Tupac Shakur, a breakthrough in the decades-long case still gripping the public.
The New York-born rapper was shot four times aged 25 in a drive-by attack in Las Vegas, which authorities have found was orchestrated by Duane "Keffe D" Davis. Nevada's grand jury indicted Davis on Friday, on one count of murder with a deadly weapon. Report by Fatimaz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
This tiny wooden box in central China’s Hunan Province hangs 120 metres from the ground on the side of a cliff, offering refreshments to passing climbers in the Shiniuzhai National Geological Park. The store opened at the rock climbing park in 2018 and is still in operation today, staffed by professional climbers, who have a tricky job replenishing their stock using zip-lines. As well as it’s usual provisions of snacks and refreshments, the cliff store has been offering climbers free mooncakes for the traditional Chinese Mid-Autumn Festival, which runs from September 29 and lasts for three days over this weekend. Report by Fatimaz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Transport Secretary Mark Harper says 20mph zones "make sense" outside schools or in heavily built-up areas but opposes the "blanket impositions". This comes as the government announces pro-driving measures ahead of the Tory Party conference in Manchester on Sunday. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Labour's James Murray describes the government's plan to appear to be pro-motorist by criticising some 20mph zones as "pure hypocrisy" and "creating political dividing lines with themselves". The shadow financial secretary to the treasury says, “Conservative ministers are criticising 20mph zones and yet it is Conservative councils who are implementing that”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former Chancellor Kwasi Kwarteng has said he remains friends with his old boss Liz Truss, despite her sacking him over the economic fallout caused by his mini-budget last October.
Reflecting on that..
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