inflationary pressures will require a stronger response than we perhaps first thought in august. manchester united footballer mason greenwood is arrested for allegedly breaching bail conditions that were set after he was taken into custody on suspicion of rape and assault injanuary. more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. rugby league world cup hosts england get off to a flying start in the opening game of the tournament against samoa. good afternoon. the new chancellor, jeremy hunt, has today indicated that he will make major changes to liz truss economic strategy. mr hunt appointed yesterday after kwasi kwarteng was sacked from thejob said mistakes had been made by the government. he warned of difficult decisions ahead , suggesting taxes may have to rise and refusing to rule out spending cuts. meanwhile, in the last hour, the governor of the bank of england has predicted that uk interes
which would perhaps be inevitable amongst party members, is unviable in the current circumstances, then they will not go down that particular route. a lot of this may also depend on how markets react. if jeremy hunt can convince the markets that the government has a credible plan, particularly when he delivers his medium term fiscal statement on sist his medium term fiscal statement on 31st of october, then matters might come down and that might help liz truss but there is still a big political problem which is the conservatives are now languishing in a very long way behind the labour party and conservative mps are looking to the next general election with a great deal of foreboding. this with a great deal of foreboding. as you said, the markets and how they react to what the chancellor had well say. we have heard from the
then there was her pledge to boost spending on defence to 3% of national income by 2030. but the defence department, too, is going to have to help find efficiencies. the long term ability to fund an increasing defence spending will depend on stability in the economic situation and a healthily growing economy. the prime minister moved in here just weeks ago, promising to cut taxes, not cut public spending, and boost defence spending. the new chancellor, who will base himself here, just next door, has now said that all of those things are back on the table. this leaves massive questions for liz truss about what she stands for, and who is really in charge, after the economic plan that she won the tory leadership election on now all hangs on the balance. the opposition were quick to say it was not enough for the prime minister to just replace the chancellor. they did notjust tank the british
very difficult position. the newspapers very difficult position. the newspapers are very difficult position. the newspapers are rife - very difficult position. the newspapers are rife with talk of plots to oust her, very difficult to do that, given that there cannot be another leadership bid by the party rules. do you see that being overturned? do you see her leadership pretty much on its deathbed order doesn t hang on what jeremy hunt says in what effectively will be a full budget on october 31? i do not think the principal problem of the 1922 committee rules, i think if there is sufficient demand for an earlier contest then there will be an earlier contest or vote on confidence. so i do not think that is the issue. the issue really is whether conservative mps can collectively decide on a candidate that has the support of the overwhelming majority of the parliamentary party. if they cannot do that, because there is a recognition that a lengthy process
inflationary pressures will require a stronger response than we perhaps first thought in august. manchester united footballer mason greenwood is arrested for allegedly breaching bail conditions that were set after he was taken into custody on suspicion of rape and assault injanuary. more than a0 turkish miners are now known to have died following an underground explosion dozens of others were injured. rugby league world cup hosts england get off to a flying start in the opening game of the tournament against samoa. good afternoon. the new chancellor, jeremy hunt, has today indicated that he will make major changes to liz truss economic strategy. mr hunt appointed yesterday after kwasi kwarteng was sacked from thejob said mistakes had been made by the government. he warned of difficult