Chancellor Kwasi Kwarteng has announced a range of sweeping cuts to taxes as he battles to resuscitate the UK's flagging economy.

The government's much-awaited fiscal event will be “game-changing”, a Cabinet minister has claimed, predicting new interventions would stimulate “growth” and “protect the living standards of those at all points on the income spectrum”.

The UK has a target to be net zero by 2050. That means reducing harmful CO2 emissions by 100%. Those emissions come from burning fossil fuels like coal, diesel and fossil gas – to power our industries, run our cars and lorries and heat our homes and businesses. We have to find new ways – greener ways – to do these things.

The National Education Union is proud to work with The Mirror on a joint campaign – Free School Meals for All. We demand that no child in primary school face the pain and distress of going hungry. Children cannot learn if they are not eating properly and, despite the best efforts of parents and carers, spiralling living costs are pushing families to the edge.

The Advertising Association, the IPA and ISBA to present joint event on January 25, 2023

A senior Conservative MP has said that Liz Truss should not make new economic orthodoxy about “avoiding scrutiny” after the Treasury failed to order an official forecast ahead of this week’s mini-Budget.

Chancellor Kwasi Kwarteng has confirmed that the recent rise to National Insurance Contributions is to be reversed from November.

Commenting on the increase in the Bank Rate from 1.75% to 2.25%, Paul Broadhead, Head of Mortgage & Housing Policy at the BSA said:

Liz Truss this week confirmed what was privately widely accepted, but seldom admitted by ministers: that striking a post-Brexit trade deal with the US is not going to happen anytime soon.

Senior Tories are engaged in an ideological battle over whether to launch a public information campaign telling people how to reduce their energy consumption this winter, or if government should stay out of individual household matters, as ministers prepare to confirm details of their plan to freeze the price cap.

Today Mobile UK’s Director of Policy and Communications Gareth Elliott will be speaking at the Connected Britain event to discuss how the barriers to mobile deployment can be broken down.

Energy experts have warned that Liz Truss's major push on fossil fuel projects, including North Sea oil and gas and fracking, will fail to improve the UK's energy supplies during the winter months.

Chancellor Kwasi Kwarteng will use a mini-budget on Friday 23 September to set out the Liz Truss government's plans for tax cuts and how the energy cap freeze will work, after the Queen's death caused delay to the anticipated event.

Policy@Manchester, The University of Manchester’s sector leading policy engagement institute, are running an exciting programme for Labour and Conservative conferences.

Leading economic experts have warned that a slight fall in overall inflation does not provide relief for the cost of living crisis as reduced fuel costs mask the fact prices for households goods are still rising.

The leader of the civil servants' union has criticised the new Liz Truss administration's decision to sack the Treasury’s longstanding Permanent Secretary Sir Tom Scholar.

Following the recent UK Cabinet appointments, the Advertising Association has issued the below statements.

The new Prime Minister's in-tray is stacking up. Households are facing a catastrophic increase in energy prices this autumn and so far we have heard very little about what Liz Truss is planning, apart from a commitment to protect the profits of oil and gas giants at the expense of the British public.

Standards body the Betting and Gaming Council has congratulated Michelle Donelan on becoming the new Secretary of State for Digital, Culture, Media and Sport.

Commenting on the speech by Dame Colette Bowe at the BSA’s 2nd Research Workshop on the Future of Financial Mutuals at Bayes Business School, Robin Fieth, CEO of the BSA, said:

Ribena is more than a much-loved blackcurrant drink. As MPs have been discovering this summer, there is a story behind the humble bottle of Ribena that is of enormous importance to Britain’s rural communities.

Incoming Prime Minister Liz Truss is planning to announce a "twin track" approach to tackling the cost of living crisis, starting with help for households, within the next week.

Liz Truss will enter Downing Street on Tuesday as the UK's new Prime Minister facing a mountain of formidable challenges thanks to some of the worst economic conditions for a generation.