UK economy is ‘strong’ and heading for ‘radical change’

She is also expected to say that the UK-US trading relationship must act as a counter to protectionism and authoritarian regimes. “The UK-US economic partnership is the clearest possible example of why free trade and free markets are not just integral to our growth but to the freedoms we share,” she is expected to say. … Read more

Banks urge Kwarteng to take action now with November Budget ‘way too far away’

Good morning. The pound has sunk back into the red after two major interventions last night reignited investor concerns about the UK’s tax-cutting Budget. In an extraordinary development, the IMF urged Prime Minister Liz Truss to reverse her economic policies – pointing particularly to the decision to scrap the higher rate of income tax. Ratings … Read more

Prince of Wales has no plans for formal investiture ceremony

The tradition of an investiture at Caernarfon Castle was revived in 1911 when George V gave the title to his son, Edward. Before then, such a ceremony had not taken place at the castle for several hundred years. The Prince and Princess have made clear that they will do things differently since first being given … Read more

Russian opposition activist beaten up and raped by police

A Russian opposition activist was beaten up and raped by the police after he was arrested for reading poetry which criticised the Kremlin’s puppet governments in Ukraine.   Riot police stormed Artyom Kamardin’s flat late on Monday and beat him up along with his girlfriend and a friend who was staying with the couple, his … Read more

Iran players cover badges to protest against repression of women

The 27-year-old later removed the post. Iranian riot police and security forces clashed with demonstrators in dozens of cities on Tuesday. Amini, from the northwestern Kurdish city of Saqez, was arrested on Sept 13 in Tehran for what the morality police deemed to be “unsuitable attire”. She died three days later in hospital after falling … Read more

Yvette Cooper vows to scrap the Tories’ Rwanda migrant plan

Wes Streeting, the shadow health secretary, has been given the critical job of teeing up Sir Keir Starmer’s big speech this afternoon.  Mr Streeting is on the morning media round for Labour and he has been arguing that the party is ready for power, claiming it will fix “broken” Britain.  Asked how Sir Keir intends to … Read more

King Charles unveils new personal royal cypher to adorn postboxes and passports

When Oliver Cromwell abolished the monarchy in 1649 and beheaded Charles I, historians feared the crown was lost forever.  Cromwell had ordered that the crown, weighing 7lb 6oz, be melted down, minted and sold as coins. Its 344 precious stones were sold separately while other parts of the crown were passed on intact. The centrepiece … Read more

Universities asked to explain ‘disadvantaged’ criteria for offers

Universities will be asked to explain how they judge whether someone is “disadvantaged” by the higher education regulator.  The Office for Students is preparing to launch a consultation next week on new requirements for university “access and participation” plans which ask universities to explain measures they use to give more offers to poorer pupils.  John … Read more

Banks pull mortgages from sale amid interest rate chaos

In a pointed reference to market demand for forecasts for the public finances from the independent Office for Budget Responsibility (OBR), which were not released by Kwasi Kwarteng, the Chancellor, when he announced plans to slash taxes last week, Mr Bailey said: “I welcome the Government’s commitment to sustainable economic growth, and to the role of … Read more

Russians blocked from fleeing country by border guards

At Upper Lars in the Caucasus, at least 5,000 cars were lining up on Monday waiting to cross from Russia into Georgia, which has become one of the most popular routes of escape, according to Russian officials. Authorities on the Georgian side of the border said about 115,000 people and 37,000 cars crossed from Russia … Read more