Month: September 2022

Prime Minister Liz Truss’s external adviser on the economy has told Sky News that the chancellor had “taken his eye off the ball” and “overstepped the mark” with his mini-budget. Gerard Lyons, who is often referred to as Ms Truss’s ‘favourite’ economist, said Chancellor Kwasi Kwarteng failed to adequately prepare the financial markets ahead of
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Liz Truss’s cabinet is to be asked to find “efficiency savings” in Whitehall budgets, Sky News understands, putting huge pressure on frontline services.  During the leadership contest, Ms Truss said that she was “not planning public spending reductions”. Now the Treasury is expected to send out a letter within hours to secretaries of state insisting
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Sir Keir Starmer has called for a recall of parliament to discuss the financial market turmoil following Friday’s mini-budget. Speaking to reporters, the Labour leader said the move by the Bank of England to launch a temporary bond-buying programme to prevent “material risk” to UK financial stability was “very serious”. Politics Hub: ‘Growing movement’ for
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A US mountaineer has been found dead after she fell from the eighth-highest peak in Nepal. Helicopters located Hilaree Nelson’s body on the south face of Mount Manaslu on Wednesday morning, her tour company Shangri-La Nepal Trek confirmed. The 49-year-old was skiing down the 26,775ft (8,163m) summit with her partner Jim Morrison on Monday when
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Lifting weights regularly could cut people’s risk of dying early, a study has found. A combination of “pumping iron” and aerobic exercise every week reaped the most benefits, researchers said. Academics at the US’s National Cancer Institute in Rockville, Maryland, examined data on almost 100,000 adults taking part in a US screening study. The participants,
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