UK

The chancellor has denied suggestions he is gambling with the economy as his raft of tax cuts were met with a hostile reception – and sent the pound plummeting to a 37-year low. The Institute of Fiscal Studies (IFS) said he was “betting the house” by putting government debt on an “unsustainable rising path”. Only

Here are the key points from Chancellor Kwasi Kwarteng’s mini-budget statement to MPs: • The basic rate of income tax will be cut to 19p in the pound from April 2023. Will mean 31 million people will be better off by an average of £170 per year. • The 45% higher rate of income tax

Kwasi Kwarteng will promise a “new era for Britain” with a major package of measures to “turn the vicious cycle of stagnation into a virtuous cycle of growth”. The chancellor is set to announce tens of billions of pounds both of increased spending and of tax cuts when he delivers his mini-budget at around 9.30am

Chancellor Kwasi Kwarteng has announced that April’s National Insurance hike is to be reversed from 6 November. The 1.25 percentage point increase was introduced under former chancellor Rishi Sunak, but during the Tory leadership race Liz Truss pledged to change it. Mr Kwarteng made the announcement ahead of a “mini-budget” on Friday. Politics hub: Health

The mother of an unarmed black man who was killed by a police officer in south London has again called for justice after being shown the bodycam footage of his shooting. Chris Kaba, 24, was killed on 5 September after a police chase in Streatham Hill. His Audi was hemmed in by two police cars

Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced. Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what

When Liz Truss was vying to be the Conservative Party leader and our next prime minister, some of her colleagues worried that, as the anointed choice of Prime Minister Johnson, she was going to be the Boris Johnson continuity candidate. On the economy, they could not have been more wrong. Since becoming the prime minister

Liz Truss has said she is prepared to be unpopular with her tax policy as she believes it will ultimately benefit the British economy. Talking to Sky News’ political editor Beth Rigby in New York, the prime minister defended any tax changes her government will make at the end of the week and said she

The Royal Family has released a previously unseen photograph of the Queen after she was laid to rest in a private burial. The image of the monarch was taken at Balmoral in 1971, with the caption often borrowed from Shakespeare’s Hamlet: “May flights of Angels sing thee to thy rest.” “In loving memory of Her

The Queen’s coffin has been seen in public for the last time as she is laid to rest beside her husband – with the nation bidding farewell to Britain’s longest reigning monarch. Thousands of people lined the Long Walk leading to Windsor Castle and broke out in applause as the coffin was carried in a

The Duke of York has paid tribute to the Queen, saying:  ”Mummy, your love for a son, your compassion, your care, your confidence I will treasure forever.” Prince Andrew, who is no longer a working royal, accompanied his statement with a black and white image of his mother holding him as a baby in March

Sunday marks the final full day of the Queen’s lying in state. Thousands of people are still joining the queue to pay their respects, as heads of state continue to arrive in London ahead of Monday’s funeral. Irish president Michael D Higgins and Taoiseach Micheal Martin are expected to join those who have signed an

Queen Elizabeth II will be laid to rest today next to her beloved husband following a day full of historic and personal significance. Tens of thousands of people have travelled to London and Windsor for the state funeral and burial service, which will be watched on television by millions around the world. There will be

King Charles III and the Prince of Wales have been chatting to people queuing to see the Queen’s coffin as they wait to pay their final respects as she lies in state. The King and his eldest son took the impromptu walkabout, shaking hands and sharing words of condolence, as they took a brief pause

A man has been detained by police after a witness said he “ran up to the Queen’s coffin” in Westminster Hall. Witness Tracey Holland told Sky News: “Some person decided they were going to push my [seven-year-old niece] out the way, run up to the coffin, lift up the standard and try to do I

King Charles has addressed the Senedd in Welsh on his first visit to the country as monarch. After receiving condolences from the Welsh parliament following the death of the Queen, the King said he was “deeply grateful”. King Charles, who was Prince of Wales for 64 years, said in Welsh: “I know the Senedd and

When the Queen died, fortunes passed down the line of succession along with titles. Her death made her eldest son a hugely rich man as well as King, while his heir secured a guaranteed income of more than £20m a year along with the title Prince of Wales. The Royal Family is funded by a

The new Prince of Wales has spoken about the ordeal of taking part in yesterday’s procession, in which he walked behind the Queen’s coffin, telling a member of the public that it “brought back a few memories”. Prince William, who famously walked behind his mother Diana’s coffin in 1997, said the walk yesterday was “challenging”.

The Queen is lying in state in Westminster Hall. Her Majesty’s coffin will remain in place for hundreds of thousands of people to pay their respects until 6.30am on Monday. Follow updates ahead of the Queen’s funeral here. Pay your own personal tribute here. Read more about the Queen’s reign here.

The streets of London were packed with thousands of mourners who turned out to watch as the Queen’s coffin was taken to Westminster Hall in a procession led by the King, his siblings and his sons. The carriage carrying the Queen’s oak coffin left Buckingham Palace at 2.22pm. Union flags waved above the crowds, who