Jeremy Hunt has accused Labour of lying over the "£22bn" budget black hole it claims to have inherited.
The shadow chancellor, who was speaking at the Conservative conference in Birmingham, claimed the £22 billion “black hole” could turn out to be a £39 billion surplus.
Report by Kennedyl.
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Liz Truss has described the blame she received over her mini-budget as "pathetic." Ms Truss was forced to stand down as prime minister in 2022 when her "mini budget" triggered a market meltdown. Speaking on stage at the Conservatives conference in Birmingham, the former prime minister said: "How on earth can we move forward as a country if people can't actually talk about the facts but instead throw insults around? I just think that's pathetic." Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Former prime minister Rishi Sunak thanks Conservative Party workers and apologises for losing the general election in his “final conference” speech as leader during an event in Birmingham. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tory leadership candidate Tom Tugendhat is greeted by supporters as he arrives at the Conservative Party conference in Birmingham. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Leadership candidate Robert Jenrick is greeted by supporters as he arrives at the Conservative Party conference in Birmingham with his wife Michal Berkner. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Kemi Badenoch is declared winner of the Conservative Party leadership contest at an event in central London, defeating rival Robert Jenrick by 53,806 votes to 41,388. The new leader says the Tories have to be "honest" about the "fact we made mistakes" and "the fact that we let standards slip" during her acceptance speech. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Hot off the heels of 'brat' summer, the term coined by British singer Charli XCX has been named the Collins Word of the Year 2024. A spokesperson for Collins Dictionary says their lexicographers discussed the new meaning behind the word 'brat' before deciding on its published definition. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A teenager has been detained for life and will serve a minimum of 17 years for stabbing his 15-year-old ex-girlfriend to death in the street. Logan MacPhail, then aged 16, stalked Holly Newton for an hour through Hexham, Northumberland, before knifing her 36 times in an alleyway. Before handing down the sentence at Newcastle Crown Court, Mr Justice Hilliard said, "what happened in this case should not happen to any child or parent". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor has defended her Autumn Budget, calling it a "robust fiscal framework" that delivers "stability", despite an adverse market reaction that included a jump in the cost of government borrowing. Rachel Reeves adds that the International Monetary Fund has given her Budget "a clean bill of health". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ed Davey has called on the government to "withdraw" its new inheritance tax measure for farmers. The Liberal Democrat leader says farmers are "worried" after Chancellor Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn