Liz Truss lays into Rachel Reeves over economy and trip to China Chancellor faces Tory calls to scrap planned visit to Beijing The Independent UK · Jan 9, 2025
Reeves mulls deeper cuts to public services as borrowing costs soar Chancellor could slash departmental spending in spring after ruling out tax increase, officials reveal The Guardian - UK · Jan 9, 2025
Cuts, tax rises and doing nothing: Rachel Reeves’ options to tackle economic woe Labour’s fiscal rules may limit the chancellor’s ability to act, but waiting it out may be the best option The Guardian - UK · Jan 9, 2025
Rachel Reeves must handle bond sell-off with care, but this is not a Truss-level event Unlike 2022, bond markets have not been shocked, but the chancellor will know threat of a doom loop is not far away The Guardian - UK · Jan 9, 2025
‘Stop saying I crashed the economy,’ says Liz Truss. Is it possible to gaslight an entire country? The former PM has sent a cease and desist letter to the current one. Will everyone who thinks she was useless get one next, asks Guardian writer Hugh Muir The Guardian - UK · Jan 9, 2025
PM will not moderate language on Truss despite cease and desist letter – No 10 Downing Street questioned whether Ms Truss would also be writing to ‘millions of people up and down the country’ who shared the Prime Minister’s view. The Independent UK · Jan 9, 2025
What is behind the gilt woes and should we be worried? The pound has fallen to its lowest level for more than a year amid a sell-off in the gilt market. Evening Standard · Jan 9, 2025
The pound has fallen. Should we be worried about the gilt woes? US treasury yields have been moving firmly higher after reports of resilience in the US economy The Independent UK · Jan 9, 2025
Labour vows not to ‘cease and desist from truth’ despite Truss lawyers’ demand Lawyers for Liz Truss have sent a letter to Sir Keir Starmer about ‘false and defamatory public statements’ made about their client. Evening Standard · Jan 9, 2025
Mortgages 'to rise' after Pound hits year low and borrowing costs soar in treble blow to Rachel Reeves The Chancellor may have to scale back public spending or raise taxes again, economists are warning Evening Standard · Jan 9, 2025
Liz Truss sends legal letter ordering Starmer to stop saying she crashed economy ‘Cease and desist’ letter accuses PM of harming her reputation and contributing to her losing her seat The Guardian - UK · Jan 9, 2025
Liz Truss sends Keir Starmer cease and desist letter over 'crashed the economy' claim Lawyers representing Liz Truss have sent a cease and desist letter to Sir Keir Starmer asking him to stop saying the former prime minister crashed… The National (Scotland) · Jan 9, 2025
Liz Truss sends Starmer cease and desist letter over claims she crashed economy The letter claims that suggestions she ‘crashed’ the economy are ‘false and misleading’. Evening Standard · Jan 9, 2025
Pound dips to 14-month low as bond sell-off piles pressure on Rachel Reeves Sterling extends losses against US dollar before easing to half a cent down after Treasury calms market jitters The Guardian - UK · Jan 9, 2025
The Independent UK · Jan 9, 2025 Truss sends cease and desist to Starmer demanding he stop saying she crashed the economy Downing Street said the prime minister ‘absolutely stands by’ his comments on the previous government’s record
The Guardian - UK · Jan 9, 2025 Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – as it happened Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike
The Guardian - UK · Jan 8, 2025 Rachel Reeves says she has ‘iron grip’ on finances as borrowing costs surge Treasury issues rare second statement in two days after sell-off leaves 10-year bonds at highest level since 2008
The Guardian - UK · Jan 8, 2025 The spiralling cost of borrowing spells trouble for Rachel Reeves – but she must hold her nerve There is no need to panic: the government’s overall fiscal strategy is the right one. Spending cuts would be a mistake, says Jonathan Portes, a professor at King’s College London
The Guardian - UK · Jan 8, 2025 Why rising bond yields are rattling Rachel Reeves Chancellor in danger of breaking fiscal rules after cost of servicing UK 10-year debt rises to highest level since 2008
The Guardian - UK · Jan 7, 2025 Rise in UK borrowing costs could push Reeves to new public spending cuts Analysts say costs hitting highest level since 1998 risks wiping out almost all of chancellor’s £10bn buffer
The National (Scotland) · Jan 3, 2025 Disturbing footage shows senior Tories laughing at 'Nazi' jokes in members' club GUESTS at a Tory private member’s club have been caught laughing at Nazi jokes with the host singing “we’re all racist now” in a disturbing…
The Independent UK · Jan 3, 2025 Economists warn Treasury is likely to raise taxes even further this year Almost 100 experts expect a low rate of economic growth this year
The Independent UK · Jan 1, 2025 Voters dub Keir Starmer’s government ‘incompetent’ and ‘dishonest’ in shock new poll In his new year message the Labour leader admitted there is ‘so much more’ to do after difficult first six months in No 10
The Guardian - UK · Dec 27, 2024 Across the west, the centre right is collapsing – and with it, any notion of what is ‘too extreme’ So-called moderates are mimicking populist demagogues, with potentially disastrous consequences, says Guardian columnist Owen Jones
The Guardian - UK · Dec 18, 2024 You Can’t Please All: Memoirs 1980-2024 by Tariq Ali review – an exasperating entertainment The leftwing intellectual may be a master of self-justification, but in this book he is clever, cultured and good company