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
UK
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
The interest rate has been raised to 2.25% – the highest level since the 2008 financial crisis. The Bank of England’s half a point hike followed a three-way split in the voting. Financial markets had widely expected the Bank to follow the US Federal Reserve last night with a 0.75 percentage points rise but economists
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
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
King Charles has flown to Scotland the day after the Queen’s funeral service. He left Aberdeen airport on Tuesday afternoon after flying in from RAF Northolt in west London. Pictures show the King in the back of an Audi leaving the Scottish airport. He and Queen Consort Camilla are believed to have flown to Scotland
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 begun its final journey following her state funeral as the nation fell silent to honour Britain’s longest reigning monarch. The King led members of the grieving Royal Family in a procession to Westminster Abbey, where world leaders were among the congregation at the hour-long service. In a personal touch, the wreath
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
Princesses Eugenie and Beatrice have paid tribute to the Queen, describing her as their “beloved Grannie” who was a “loving hand on our backs leading us through this world”. In a statement on Saturday, they said: “We, like many, thought you’d be here forever. And we all miss you terribly. “You were our matriarch, our
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 and the Queen Consort have arrived in Wales for their first visit since the death of the Queen. The couple first attended a remembrance service for the Queen at Llandaff Cathedral in Cardiff. As they arrived in the country by helicopter, the King waved to cheering crowds as a royal gun salute was
Further details about the Queen’s funeral on Monday have been announced, including confirmation that she will be buried with the Duke of Edinburgh. Her Majesty will be laid to rest with her late husband Prince Philip at the King George VI memorial chapel during a private service and burial on Monday evening. This will follow
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 King will be joined by both his sons as he walks behind the Queen’s coffin from Buckingham Palace. The King, the Prince of Wales and the Duke of Sussex will follow the coffin on foot as it makes its journey to Westminster Hall for the lying in state from Wednesday afternoon. The Duke of
The route for people queuing to see the Queen lying in state at Westminster Hall has now been revealed by the government. The line will start on the Albert Embankment, next to Lambeth Bridge, before snaking down the River Thames to Southwark Park – a distance of more than four-and-a-half miles. Members of the public
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