Devolved nations demand urgent meeting with chancellor as Tory top team doubles down on plan to cut spending
news.sky.com/story/devolved-nations-demand-urgent-meeting-with-chancellor-as-as-tory-top-team-doubles-down-on-plan-to-cut-spending-12708877
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| Last Updated | Oct 01 22 |
| Total Articles | 15 |
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What British people think about economic growth: Liz Truss has made growth her defining mission. Britons have other priorities
economist.com/britain/2022/09/29/what-british-people-think-about-economic-growth
How Liz Truss plunged the UK to the brink of recession in just one month: The new prime minister began September promising a ‘new era’ for Britain ...
theguardian.com/uk-news/2022/sep/30/liz-truss-uk-economic-crisis
S&P cuts UK rating outlook after tax cut plan: Ratings agency Standard & Poor's cut the outlook for its AA credit rating for British sovereign debt on Friday to ...
reuters.com/world/uk/sp-cuts-outlook-uk-rating-negative-stable-2022-09-30/
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Devolved nations demand urgent meeting with chancellor as Tory top team doubles down on plan to cut spending
news.sky.com/story/devolved-nations-demand-urgent-meeting-with-chancellor-as-as-tory-top-team-doubles-down-on-plan-to-cut-spending-12708877
What British people think about economic growth: Liz Truss has made growth her defining mission. Britons have other priorities
economist.com/britain/2022/09/29/what-british-people-think-about-economic-growth
How Liz Truss plunged the UK to the brink of recession in just one month: The new prime minister began September promising a ‘new era’ for Britain ...
theguardian.com/uk-news/2022/sep/30/liz-truss-uk-economic-crisis
S&P cuts UK rating outlook after tax cut plan: Ratings agency Standard & Poor's cut the outlook for its AA credit rating for British sovereign debt on Friday to ...
reuters.com/world/uk/sp-cuts-outlook-uk-rating-negative-stable-2022-09-30/
S&P puts UK credit rating on notice with ‘negative outlook’: Agency cited ‘additional risks’ in lending to the country following Kwasi Kwarteng’s mini-budget
ft.com/content/ac967983-2f4f-4b0b-8714-4b7d356b2530
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Kwasi Kwarteng: Chancellor defends his mini-budget: Liz Truss has admitted the Government caused ‘disruption’ of the markets, but insisted they were right to act ...
heraldscotland.com/news/23007100.kwasi-kwarteng-chancellor-defends-mini-budget/
Delaying the OBR report will backfire on the government: Truss and Kwarteng are showing how callous their disregard for economic reality is.
newstatesman.com/quickfire/2022/09/delaying-obr-report-markets-backfire-government
Financial markets crisis: No sign of U-turn as Liz Truss admits to ‘disruption’ following tax-cutting package
scotsman.com/news/politics/financial-markets-crisis-no-sign-of-u-turn-as-liz-truss-admits-to-disruption-following-tax-cutting-package-3863626
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What crisis? A tough week for Trussonomics: What’s the sign of a successful Budget? Chris Philp, the new chief secretary to the Treasury ...
spectator.co.uk/article/what-crisis-a-tough-week-for-trussonomics
Liz Truss: ‘I don’t believe in guardrails’: Britain’s shortest-serving prime minister on being ejected from office, the need for radical economic remedies — and ...
ft.com/content/8e00461a-b7c7-4761-8186-341a56742bfc
Liz Truss endorses Donald Trump to win US presidential election: The ex-PM warns the "world was safer" under Donald Trump's presidency, and the West is "on the ...
bbc.com/news/uk-politics-68821646
Liz Truss sheds tear as she reveals impact on her teenage daughters of short-lived premiership
standard.co.uk/news/politics/liz-truss-tear-prime-minister-daughters-downing-street-b1152497.html
The logic of Liz Truss’s delusion: Here is a list of just some of the people and things that failed prime minister Liz Truss has recently blamed for her own ...
newstatesman.com/comment/2024/04/liz-truss-logical-self-delusion
Liz Truss: The world was safer under Trump: Former PM Liz Truss says she hopes Donald Trump wins the next US election.
bbc.com/news/av/uk-politics-68822886
Quick Glance: Liz Truss: The World Was Safer Under Trump
- Former PM Liz Truss expresses hope for Donald Trump to win the next US election, stating that the world is on the brink of a strong conflict and requires a strong America more than ever.
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
If you think Liz Truss’s book is deluded, the TV interviews are even worse: The former prime minister has been hawking Ten Years to Save the West around the ...
thetimes.co.uk/article/if-you-think-liz-trusss-book-is-deluded-the-tv-interviews-are-even-worse-7hcnxmv8j
Paid articlePaid Ten Years to Save the West by Liz Truss review — as readable as a crisp packet: The former PM’s 300-page self-justification of her disastrous premiership is ...
thetimes.co.uk/article/liz-truss-book-review-ten-years-to-save-the-west-qgxgzkc8n
Paid articlePaidQuick Glance: Liz Truss: From Premiership to Resignation in 49 Days
- Liz Truss became Prime Minister and resigned after just 49 days, despite her husband's prediction that 'it would all end in tears'.
- Truss assumed office on September 6, 2022, succeeding Boris Johnson, but faced early challenges and personal struggles.
- Despite implementing economic measures and facing political turbulence, Truss resigned after a mini-budget led to a pensions crisis.
- She reflects on her failed tenure, attributing blame to structural issues and drawing parallels to the controversial football manager Brian Clough.
Antisemitic false Rothschild quote cut from Liz Truss memoir: The ex-PM's publishers apologise and agree to remove a fake quote tied to an antisemitic conspiracy ...
bbc.com/news/uk-politics-68853672
Liz Truss considered sacking Andrew Bailey as BoE governor after ‘mini’ Budget: Former UK prime minister hits at central bank and Treasury for being ‘fatalistic ...
ft.com/content/cf64f93d-91da-4ff6-9c58-c0c3ad404d99
UK wants NATO defense target upped to 2.5 percent: Defense Secretary Grant Shapps says meeting that target would make a ‘real difference.’
politico.eu/article/uk-wants-nato-defense-target-2-5-percent-shapps-sunak/
Fair to say America isn’t gripped by Liz Trussmania. Here’s what she can learn from Mr Bean
theguardian.com/commentisfree/2024/apr/25/liz-truss-us-book-tour-prime-minister
Liz Truss says Tories are part of a Blairite attempt to silence her: Reform UK leader Richard Tice said the Conservative Party is 'socialist' and ...
inews.co.uk/news/politics/liz-truss-tories-blairite-silence-3017048
Golden Age For EM Bonds: Sharply rising precious metals prices and strong fiscal and monetary stances in EM bonds may provide opportunities for emerging markets ...
seekingalpha.com/article/4685594-golden-age-for-em-bonds
Paid articlePaid Five key claims from Liz Truss’s new book about her downfall: Shortest-serving prime minister in British history attacks ‘global left’ in Ten Years to Save the ...
thetimes.co.uk/article/liz-truss-book-memoir-ten-years-save-west-g2thx8cxx
Paid articlePaid Why Norfolk’s true-blue Tories are on a mission to unseat Liz Truss: The former PM is still said to harbour hopes of making a comeback, but in the constituency ...
thetimes.co.uk/article/why-norfolks-true-blue-tories-are-on-a-mission-to-unseat-liz-truss-crh8m8dhs
Paid articlePaid Liz Truss, Angela Rayner and the perils of partisanship: Politics is a rough game. In few other careers are you subjected to such a level of scrutiny ...
newstatesman.com/comment/2024/04/liz-truss-angela-rayner-and-the-perils-of-partisanship
Liz Truss says Boris Johnson knew Michael Gove was a serial leaker: Details of the long, fractious relationship between the two leading Tories are revealed in a ...
thetimes.co.uk/article/liz-truss-says-boris-johnson-knew-michael-gove-was-a-serial-leaker-tpvbfrx7s
Paid articlePaid Joe Biden won’t do a trade deal with Britain, says Liz Truss: The former prime minister dismissed the chance of any trade deal happening under the incumbent ...
politico.eu/article/joe-biden-wont-do-a-trade-deal-with-britain-says-liz-truss/
Laughing at Liz Truss only proves her point: Westminster has stopped listening: There are problems piling up across Whitehall which will take creative thinking ...
inews.co.uk/opinion/laughing-liz-truss-proves-point-westminster-stopped-listening-3009584
Watch: Truss on Sunak’s smoking ban: It’s going to be a long day for Rishi Sunak. It’s the second reading of the Tobacco and Vapes Bill and the Prime Minister is ...
spectator.co.uk/article/watch-truss-on-sunaks-smoking-ban/
Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
- The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.
- The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.
- The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.
- The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
PMQs scorecard: Sunak and Starmer fight over who dislikes Liz Truss more: Liz Truss bore the brunt at prime minister’s questions
politico.eu/article/rishi-sunak-and-keir-starmer-fight-over-who-dislikes-liz-truss-more/
Liz Truss to save the West: is a political comeback really on the cards?: The former prime minister is back with a new tell-all memoir, "Ten Days to Save the ...
theweek.com/politics/liz-truss-to-save-the-west-is-a-political-comeback-really-on-the-cards
US proposes debt to fund Ukraine using profits from frozen Russian assets: Hope that Washington’s idea could generate tens of billions in cash for Kyiv
ft.com/content/6cb21054-ccfc-4cb9-ab58-516d80be94de
Sarah Ferguson Thanks Queen Elizabeth For Being A 'Dear Friend' On Her Birthday: The queen was born Elizabeth Alexandra Mary in London on April 21, 1926.
huffpost.com/entry/queen-elizabeth-birthday-sarah-ferguson_n_66226867e4b0bf7f0137f254
Liz Truss says she had to urge British diplomats to be more pro-Israel at UN: The former prime minister said she had to "actively intervene" with officials to ...
itv.com/news/2024-04-17/liz-truss-says-she-had-to-urge-british-diplomats-to-be-more-pro-israel-at-un
Nigel Farage is cancelled at last and he’s never been happier: Thanks to the Brussels police the National Conservatism usual suspects could feel they really were ...
theguardian.com/global/2024/apr/16/nigel-farage-is-cancelled-at-last-and-hes-never-been-happier
UK’s Sunak urges ‘calmer heads’ after Iran attacks Israel: UK prime minister says he’ll stress the need to avoid ‘further escalation’ in call with Benjamin ...
politico.eu/article/uk-david-cameron-israel-use-head-heart-after-iran-attack-biden-sunak/
‘Evasive’ Boris Johnson broke lobbying rules in meeting with Venezuela’s Maduro: Former prime minister failed to disclose links to hedge fund which organized a ...
politico.eu/article/boris-johnson-nicolas-maduro-lobbying-venezuela-merlyn-advisors-acoba/
Everything seems to be going wrong for Rishi Sunak: With just two weeks until local elections that will likely go badly for his governing Conservative Party ...
cnn.com/2024/04/20/uk/rishi-sunak-conservatives-gbr-intl/
Opinion | The Deep State Lies in Wait for Trump: His second term will be much like my time in office if he doesn’t confront the entrenched bureaucracy.
on.wsj.com/3U3cIPs
Liz Truss says No10 infested with fleas - and some blamed Boris Johnson's dog : In a tell-all book, former PM Liz Truss complained that the No11 flat was ...
mirror.co.uk/news/politics/liz-truss-claims-downing-street-32576328
Is Liz Truss not to blame for high mortgages? Claims fact-checked: Liz Truss has refused to take the blame for higher mortgage rates that hit homeowners ...
inews.co.uk/news/liz-truss-high-mortgages-fact-check-3017819
Liz Truss, UK prime minister for 49 days, refuses to rule out fresh leadership bid
scmp.com/news/world/europe/article/3259160/liz-truss-uk-prime-minister-49-days-refuses-rule-out-fresh-leadership-bid
Nigel Farage says ‘big political decision’ to be announced when quizzed on joining Conservative Party
independent.co.uk/tv/news/nigel-farage-conservatives-reform-politics-b2530019.html
Sack Andrew Bailey as Bank of England boss, says Liz Truss: Ex-PM describes the Treasury, the Bank of England and the Office for Budget Responsibility as a ...
politico.eu/article/chief-bank-england-andrew-bailey-should-be-sacked-liz-truss-says/
Liz Truss isn’t done yet: The more the Tories fracture and fragment, the further Sunak’s supremacy is eroded
inews.co.uk/opinion/liz-truss-just-getting-started-3008052
UK politics so much funnier than fiction, comedy writer finds it ‘hard to match’: The Tories are in a spot of bother as the UK heads to an election ...
theage.com.au/world/europe/uk-politics-so-much-funnier-than-fiction-comedy-writer-finds-it-hard-to-match-20240425-p5fmf5.html
Do you back Rishi Sunak’s smoking ban? Join The Independent Debate: While former health secretary Lord Clarke warned the ban risked being difficult to enforce ...
independent.co.uk/news/uk/politics/rishi-sunak-smoking-ban-debate-b2531282.html
Liz Truss says in book queen told her to ‘pace yourself’, admits she didn’t listen
theguardian.com/politics/2024/apr/08/liz-truss-book-prime-minister-queen-elizabeth-ii
‘Five-year-old on acid’: Liz Truss’s Ten Years to Save the West, digested by John Crace
theguardian.com/books/2024/apr/19/five-year-old-on-acid-liz-truss-ten-years-to-save-the-west-digested-by-john-crace
Shilling gain cuts external debt by Sh1.12 trillion: The stock of external debt has fallen by Sh1.124 trillion in less than three months.
businessdailyafrica.com/bd/economy/shilling-gain-cuts-external-debt-by-sh1-12-trillion--4586234
Sack Andrew Bailey? Let’s look at the case against him: The Governor of the Bank of England, Andrew Bailey, is a loyal and well-intentioned public servant in a ...
spectator.co.uk/article/sack-andrew-bailey-lets-look-at-the-case-against-him/
Revealed: Queen Elizabeth II’s advice to Liz Truss: The former prime minister admits failing to heed the late monarch’s guidance.
politico.eu/article/queen-elizabeth-advice-liz-truss-ten-years-to-save-the-west-book/
Fact check: Is Biden or Trump better for the US economy?: Who is the more economically competent, Trump or Biden? One has public opinion on his side; the data ...
dw.com/en/fact-check-is-biden-or-trump-better-for-the-us-economy/a-68755181
Biden announces new plan to forgive student loan debt for millions: President Biden on Monday announced new plans to cancel student debt for millions of ...
pbs.org/newshour/show/biden-announces-new-plan-to-forgive-student-loan-debt-for-millions
Boris Johnson evokes cigar-chomping Winston Churchill in swipe at ‘mad’ UK smoking ban
politico.eu/article/boris-johnson-evokes-cigar-chomping-winston-churchill-against-uk-smoking-ban/
Commentary: Beyond the SEA Games, is Singapore ready to host major sporting events?
channelnewsasia.com/commentary/singapore-decline-host-commonwealth-games-ready-major-sporting-events-sea-games-4263276
How many times has your £91k MP spoken this year in Parliament : Data shows that more than two dozen have failed to take part in debates so far in 2024
walesonline.co.uk/news/uk-news/how-many-times-your-91k-28956476
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Ratings agency Fitch lowers China’s sovereign credit outlook to negative: Beijing says it is ‘disappointed’ with decision by US-based ratings agency.
aljazeera.com/news/2024/4/10/ratings-agency-fitch-lowers-chinas-sovereign-credit-outlook-to-negative
Quick Glance: Fitch downgrades China's sovereign credit outlook
- Fitch Ratings has downgraded China’s sovereign credit outlook to negative, prompting pushback from Beijing.
- The downgrade reflects “increasing risks to China’s public finance outlook” as the country attempts to move away from real estate-led growth.
- Fitch said it expected the government deficit to rise to 7.1 percent of gross domestic product (GDP) in 2024, up from 5.8 percent last year.
- China’s economy, the world’s second-largest, is grappling with slowing growth amid a host of headwinds, including a shrinking population, weak consumption, a prolonged real estate slump, and capital outflows.
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Zambia Debt Audit Shows Government Paid 600% Premium for Laptops: An audit of Zambia’s public debt found inflated costs and wasteful spending ...
trib.al/GttoaLq
UK government borrowing surpasses forecast in last fiscal year: Official figures revealing borrowing for the last fiscal year in the United Kingdom exceeded ...
dailysabah.com/business/economy/uk-government-borrowing-surpasses-forecast-in-last-fiscal-year
EU Parliament approves new debt rules: Reduce national debt, increase public tasks: the reform of the debt rules attempts to do both at once.
sueddeutsche.de/politik/eu-schuldenregeln-beschlossen-1.6565642
Paid articlePaid China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
Treasuries Hold Gains as Record US Auction Sees Solid Demand: US government debt advanced on Tuesday as the Treasury’s hefty $69 billion sale of two-year notes ...
bloomberg.com/news/articles/2024-04-23/treasuries-hold-gains-as-record-us-auction-sees-solid-demand
Finance Ministry: Government cuts will offer economic relief, but won't solve debt problems
yle.fi/a/74-20085673
Exclusive: China turns the heat up on cross-border investments in local govt debt, sources say
reuters.com/world/china/china-turns-heat-up-cross-border-investments-local-govt-debt-sources-say-2024-04-23/
Digested week: Trump’s McDonald’s bill is big, but its prices have ballooned: ‘Coastal elites’ feel the pinch of fast-food price hikes too. Plus: Liz Truss bars ...
theguardian.com/uk-news/2024/apr/26/digested-week-trump-mcdonalds-bill-big-but-prices-have-ballooned
This Texas-sized heirloom will help pay national debt. Seriously, Fort Worth man says
star-telegram.com/news/local/article287975205.html
MEPs adopt contentious fiscal rules tackling debt and deficits: Green and left-leaning MEPs say reforms mark a ‘return to austerity’
businesspost.ie/news/meps-set-to-adopt-contentious-fiscal-rules-tackling-debt-and-deficits/
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White House announces $7.4B student debt cancellation to give 'breathing room,' takes dig at House GOP
foxbusiness.com/politics/white-house-announce-student-debt-cancellation-breathing-room-takes-dig-house-gop
Many large U.S. cities are in deep financial trouble. Here's why: Many U.S. cities are facing substantial financial challenges as inflation lingers and ...
cnbc.com/2024/04/25/many-large-us-cities-are-in-deep-financial-trouble-heres-why.html
Europe can't afford another austerity crisis: Europeans are calling for leadership, not cowardice. This is not the time for quick fixes and old approaches ...
euronews.com/business/2024/04/25/europe-cant-afford-another-austerity-crisis
Addressing Africa’s $66 Billion Resource Debt Challenge: Recently, AfDB President Akinwumi Adesina criticized resource-backed loans for burdening African nations ...
riotimesonline.com/addressing-africas-66-billion-resource-debt-challenge/
Can the US manage escalating debt without triggering a fiscal crisis?: The US is grappling with record $34.5 trillion debt, triple the eurozone's ...
euronews.com/business/2024/04/25/can-the-us-manage-its-escalating-debt-without-triggering-a-fiscal-crisis
EU debt rules: Failed stability pact: The EU Parliament's approval of the "reform" of the Stability Pact is another low point in the struggle for a financial ...
faz.net/aktuell/wirtschaft/eu-schuldenregeln-gescheiterer-stabilitaetspakt-19673767.html
Debt of EU countries: European Parliament approves reform of EU debt rules: New rules for budget deficits and national debt: The majority of EU MPs voted for ...
zeit.de/politik/ausland/2024-04/europaparlament-beschliesst-reform-der-eu-schuldenregeln
Paid articlePaid Italy's citizens save their country's national debt: The emissions are more in demand than ever, even among small savers. The Italian banks, on the other hand ...
faz.net/aktuell/finanzen/italiens-buerger-retten-die-staatsschulden-ihres-landes-19670866.html
Paid articlePaid Jamaica, a lesson in national debt: Within ten years, the poor country has halved its national debt to 73 percent of economic output ...
faz.net/aktuell/wirtschaft/jamaika-ein-lehrstueck-ueber-staatsschulden-19666037.html
Paid articlePaid Pressure Mounts at IMF Against Blueprint for EM Debt Reworks: World financial leaders are pushing to overhaul a system for sovereign debt restructurings that has ...
bloomberg.com/news/articles/2024-04-21/pressure-mounts-at-imf-against-blueprint-for-em-debt-reworks
Paid articlePaid Bond Traders on Tenterhooks for Any Signal From BOJ on Purchases: Bond traders are on edge heading into the Bank of Japan meeting this week for any hints of ...
bloomberg.com/news/articles/2024-04-21/bond-traders-on-tenterhooks-for-any-signal-from-boj-on-purchases
Why do France and Belgium risk credit rating downgrades in 2024?: The risk of sovereign credit downgrades is increasing for France and Belgium ...
euronews.com/business/2024/04/24/why-do-france-and-belgium-risk-credit-rating-downgrades-in-2024
Higher primary surplus in 2023: Last year’s primary surplus in Greece proved significantly higher than the budget estimate for 1.1% of gross domestic product ...
ekathimerini.com/economy/1237065/higher-primary-surplus-in-2023/
China Central Bank Remarks Suggest Bond-Trading Liquidity Boost Not Imminent: The PBOC has reinforced views that it is unlikely to deliver a big liquidity boost ...
wsj.com/economy/central-banking/china-central-bank-remarks-suggest-bond-trading-liquidity-boost-not-imminent-378e6377
St. Pölten: Dried fruit retailer Lemberona is insolvent: 34 employees and around 150 creditors are affected. The debt level is almost ten million euros.
diepresse.com/18392922/st-poelten-trockenobsthaendler-lemberona-ist-insolvent
New fiscal rules a 'fresh start' as European Parliament vote passes ｜ DPA
nordot.app/1155542253581140445
Government debt stock at 7.5 trillion Turkish Liras - Latest News: The central government debt stock was 7.5 trillion Turkish Liras ($232 billion) at the end of ...
hurriyetdailynews.com/government-debt-stock-at-7-5-trillion-turkish-liras-192748
CBE to cut interest rates by 2% in May; inflation to decrease to 20% by end of 2024: Goldman Sachs - Economy - Business
english.ahram.org.eg/NewsContent/3/12/522404/Business/Economy/CBE-to-cut-interest-rates-by--in-May;-inflation-to.aspx
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