UK

Penny Mordaunt has become the first MP to enter the race to replace Liz Truss as prime minister after her dramatic resignation yesterday. The leader of the Commons announced her candidacy in a tweet on Friday afternoon, saying fellow Conservatives had urged her to stand. Ms Mordaunt, who came third in the last leadership race
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Suella Braverman has departed Liz Truss’s government, the Home Office has confirmed. She was only appointed as home secretary 43 days ago by Ms Truss. It follows the sacking of chancellor Kwasi Kwarteng last Friday and the axing of the majority of the government’s mini-budget on Monday by new Chancellor Jeremy Hunt. Ms Braverman was
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Jeremy Hunt has revealed he is reversing “almost all” of the tax cuts announced in his predecessor’s mini-budget and is scaling back support for energy bills. In an emergency statement, the chancellor said a 1p cut to income tax will be delayed “indefinitely” until the UK’s finances improve instead of being introduced in April 2023
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