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INSANE: Gerard lyons | Rare Historical Photos

Fourteen years of Tory economics – ‘major mistakes’ and ‘crisis after crisis’

As the chancellor prepares next week’s budget, Labour says it is staring at a dire inheritance. The voters look likely to agree

The Guardian - UK

‘Ghastly expensive mess’: bond vigilantes return as deficits rise

Governments face a surge in borrowing costs fuelled by high interest rates and conflict in the Middle East

The Guardian - UK

Liz Truss ignored economists’ stark warnings over mini-budget

Pair sympathetic to her growth agenda told Truss before she became PM that plans needed to be handled with care

The Guardian - UK

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Trussonomics: who were doomed mini-budget’s biggest cheerleaders?

Description of mini-budget as ‘seismic’ in one pro-Tory paper proved correct – though perhaps not in the intended sense

The Guardian - UK

‘Pig’s ear’: Tory press raises doubts about Liz Truss’s future

Once-loyal papers such as the Sun and Daily Mail start to turn on PM amid financial turmoil

The Guardian - UK

'I was very clear': Truss adviser insists he DID warn her about mini-budget risks

LIZ Truss’s own external economics adviser has insisted he warned her and the Chancellor about the risks of their mini-budget after Kwasi Kwarteng…

The National (Scotland)

‘Make sure failure is survivable’: PM’s book reveals pointer to Trussonomics

Britannia Unchained, co-written with Kwasi Kwarteng, highlights the influence of free market thinktank IEA on government

The Guardian - UK

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Markets treating UK like ‘developing country’ after Kwarteng budget, warns ex-US Treasury chief

Current turmoil ‘hallmark of situations where credibility lost’, says Larry Summers

The Independent UK

Kwasi Kwarteng said ‘who cares if Sterling crashes?’ after Brexit, report claims

Brexiteer MP overheard talking about markets on night of 2016 referendum vote

The Independent UK

Government moves to calm markets as pound falls to lowest level against dollar since 1985

New chancellor on charm offensive in Square Mile says Bank of England independence ‘is sacrosanct’

The Guardian - UK

Boris Johnson has left the UK economy in a parlous state

Analysis: If Johnsonomics stands for anything, it is a lack of plan or vision to address Britain’s economic woes

The Guardian - UK

Boris Johnson suggests no tax cuts until ‘spiralling’ inflation under control

‘We can’t do anything that inflames that further,’ No 10 source says

The Independent UK

‘An electoral liability’: business loses patience with Boris Johnson

Analysis: With Tory party in turmoil, firms frustrated and a cost of living crisis, time is not on PM’s side

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