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Treasury deletes first-time buyer tweet after criticism from Martin Lewis

Personal Finance

Martin Lewis hits out at ‘irresponsible’ messaging over first-time buyer savings

The Treasury has deleted a tweet about the potential savings that a first-time buyer could potentially make in the light of the mini-budget following criticism from consumer champion Martin Lewis. A Treasury post on Twitter had said: “Thanks to the ...

03 Oct 2022 at 17:46

Devolved administrations call for urgent talks with Chancellor

Chancellor Kwasi Kwarteng is facing a call for urgent talks with the devolved administrations amid warnings their vital public services are at risk in the wake of the financial turmoil unleashed by his mini-budget The deputy first minster of ...

01 Oct 2022 at 13:52

Truss told to be transparent over her plans for emergency cost-of-living budget

Liz Truss has been urged to be more transparent with her plans for an emergency budget to address the cost-of-living crisis. Tory leadership contest frontrunner Ms Truss has said she would bring forward urgent plans to address rising energy ...

22 Aug 2022 at 13:57

Truss ‘promising the earth’ in bid to become PM, says Sunak

Rishi Sunak accused his Conservative leadership rival of “promising the earth to everybody” as he played down polling suggesting he is set to be defeated by Liz Truss. The former chancellor also fuelled speculation that he may decline to ...

22 Aug 2022 at 15:15

Ministers reconsidering inflation-linked benefits rise amid economic turmoil

Benefits may not be hiked in line with spiralling inflation, a minister has suggested, while insisting Government plans to cut taxes to the benefit of the most wealthy will continue. Treasury minister Chris Philp said that a commitment ...

29 Sept 2022 at 06:28

Truss insists mini-budget is the ‘right plan’ despite market turmoil

Prime Minister Liz Truss has insisted the Government’s tax-cutting measures are the “right plan” in the face of rising energy bills and to get the economy growing despite market turmoil sparked by the Chancellor’s mini-budget. In her ...

29 Sept 2022 at 15:57

Demands for Chancellor to make emergency statement amid market turmoil

Liz Truss and Kwasi Kwarteng faced demands to recall the House of Commons in an attempt to calm markets following the chaos unleashed by the Chancellor’s mini-budget. The Bank of England was forced to take emergency action, buying ...

28 Sept 2022 at 14:07

Labour demands recall of Parliament after Kwarteng’s mini-budget triggers chaos

Liz Truss and Kwasi Kwarteng faced demands from the main opposition parties to recall the House of Commons in an attempt to calm markets following the chaos unleashed by the Chancellor’s mini-budget. The Bank of England was ...

28 Sept 2022 at 15:07

Defence spending to increase by at least £52bn in response to Russian aggression

The Defence Secretary has said Britain will increase the size of its armed forces spending by at least £52 billion in response to Russian aggression. In his first interview since Liz Truss entered No 10, Ben Wallace ...

25 Sept 2022 at 05:59

Ministers vow ‘spending discipline’ after mini-budget market chaos

Ministers have insisted the Government remains committed to “spending discipline” after Chancellor Kwasi Kwarteng’s £45 billion mini-budget tax cuts caused havoc in financial markets. As Tories head to Birmingham ...

01 Oct 2022 at 13:41

Chancellor to commit to delivering £400 energy bill discount in Northern Ireland

The Chancellor is set to reiterate the Government’s commitment to delivering an equivalent to the £400 energy bill discount in Northern Ireland. Nadhim Zahawi will visit the region on Wednesday where he will ...

09 Aug 2022 at 23:30

Businesses fear energy price hike after support scheme ends

A group representing Scottish businesses has voiced concerns over sharp energy price rises after the end of a new Government scheme. UK Energy Secretary Jacob Rees-Mogg announced on Wednesday plans to slash ...

21 Sept 2022 at 12:55

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