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Prime minister Liz Truss will hold a press conference today amid speculation that she is set to announce another u-turn on the mini-budget. It comes as reports emerge that Kwasi Kwarteng will lose his job as chancellor today.
Prime Minister Liz Truss is holding a press conference on Friday amid ongoing turmoil following the mini-budget. Downing Street made the announcement just hours after Chancellor Kwasi Kwarteng has scrapped a number of key meetings to fly back early from America. The Times Political Editor has tweeted that Mr Kwarteng has been sacked.
A veteran Salford councillor has attacked the new Liz Truss Government after expected cuts forced the suspension of a £20m plan to build a new leisure centre. Coun John Warmisham hit out following the announcement that the long-awaited build of Pendleton Leisure Centre was being shelved.
Plans for a long-awaited leisure centre in Salford have been shelved because of anticipated cuts to the city council's budget. City council chiefs have put the £20 million building of Pendleton Leisure Centre on the back burner following Chancellor Kwasi Kwarteng's announcement of a potential £18billion of public spending cuts.
The Bank of England has hit the panic button yet again, moving to further bolster its emergency bond-buying plan. It's an attempt to stop tumbling government bond prices causing a market collapse.
Gogglebox fans were left in hysterics during the latest episode of the Channel 4 programme on Friday (September 8). The BAFTA-award winning TV show returned to screens on September 9 for its 20th series which airs every Friday night.
The past couple of weeks have been tumultuous for the UK, with the announcement of the mini-budget from newly appointed chancellor Kwasi Kwarteng leading to a difficult financial situation.
Martin Lewis has issued a warning to any first-time buyer who is in the process of looking to buy a house. The Money Saving Expert founder appeared on Good Morning Britain on Monday (September 3) to give his expert advice following the recent property market turmoil.