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Kwasi Kwarteng ‘sacked as chancellor’ over mini-budget U-turn

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Policy Exchange / Wikimedia Commons

Kwasi Kwarteng has allegedly been sacked as chancellor following his mini-budget U-turn, new reports are claiming this afternoon.

He was appointed to the role by Prime Minister Liz Truss just thirty-eight days ago.

In a public letter to the prime minister, Kwarteng wrote: “You have asked me to stand aside as your Chancellor. I have accepted.

“When you asked me to serve as your Chancellor, I did so in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices. However, your vision of optimism, growth and change was right.

“As I have said many times in the past weeks, following the status quo was simply not an option. For too long this country has been dogged by low growth rates and high taxation – that must still change if this country is to succeed.

“The economic environment has changed rapidly since we set out the Growth Plan on 23 September. In response, together with the Bank of England and excellent officials at the Treasury we have responded to those events, and I commend my officials for their dedication.”

He continued: “It is important now as we move forward to emphasise your government’s commitment to fiscal discipline. 

“We have been colleagues and friends for many years. In that time, I have seen your dedication and determination. I believe your vision is the right one. It has been an honour to serve as your first Chancellor.”

According to Sky News, Kwarteng’s downfall began when he announced his mini-budget on September 23rd, which included the controversial plan to axe the 45p rate of income tax for Britain’s wealthiest earners.

This caused the pound to spiral to a historically low value, consequently sending government borrowing and mortgage rates sky rocketing.

The economical chaos even led the Bank of England to launch an emergency intervention to restore market functioning. 

Just weeks after the announcement and following a wave of backlash, Kwarteng announced the government would no longer be proceeding with the abolition of the tax rate, which is paid for by people earning over £150,000 a year. 

Kwarteng said it had become clear that the abolition of the tax rate had become ‘a distraction from our overriding mission to tackle the challenges facing our country’. 

 

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Oasis announce huge reunion tour as Liam and Noel Gallagher ‘make peace’

The news we’ve all been waiting for!

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After years of will-they-won’t-they speculation, Oasis are officially BACK together for a reunion tour.

The Gallagher brothers have put aside their differences in the name of music, making thousands of fans extremely happy in the process.

The band teased the news on their socials over the weekend, posting a video on Sunday morning with today’s date (Tuesday, August 27th) and the time 8am.

And now shows have been announced for multiple dates in the UK and Ireland, with tickets going live this Saturday, August 31st.

The legendary Mancunian rockers will take to the stage next summer, with gigs in Cardiff, London, Edinburgh, Dublin and, of course, Manchester.

15 years after splitting, the band confirmed they would be back for 14 shows, saying: “The guns have fallen silent. The stars have aligned. The great wait is over. Come see. It will not be televised”.

The gigs will be Oasis’s ‘only shows in Europe next year’, with tickets on sale this Saturday at 8am in Ireland and 9am in the UK.


The Oasis 2025 tour dates in full:

July

4th – Cardiff, Principality Stadium

5th – Cardiff, Principality Stadium

11th – Manchester, Heaton Park

12th – Manchester, Heaton Park

19th – Manchester, Heaton Park

20th – Manchester, Heaton Park

25th – London, Wembley Stadium

26th – London, Wembley Stadium

August

2nd – London, Wembley Stadium

3rd – London, Wembley Stadium

8th – Edinburgh, Scottish Gas Murrayfield Stadium

9th – Edinburgh, Scottish Gas Murrayfield Stadium

16th – Dublin, Croke Park

17th – Dublin, Croke Park

You can grab your tickets HERE.

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Stagecoach hiring over 100 new bus drivers for Bee Network with £31k salaries

Fancy a career change?

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Stagecoach

Stagecoach Manchester is hiring over 100 new bus drivers to work from its Oldham depot, following the second phase of the Bee Network launch in March.

You can apply for a range of roles, from positions with no experience required to fully qualified bus drivers.

Successful applicants will receive full training as part of the job, and trainees will get paid to train. Then after only 12 months’ service at Stagecoach, drivers can expect to earn up to £16 per hour, which equates to £31.6K per year, before overtime.

As well as that, drivers that already hold a PCV licence may be eligible to receive a £1,200 joining bonus.

Stagecoach

There’s also a host of other benefits available to all Stagecoach employees, like 28 days paid holiday, generous pension and free Stagecoach bus travel for successful applicants and a companion.

Rob Jones, Managing Director at Stagecoach Manchester said: “Expanding our offering in Oldham means we’ll be investing more in the economy and supporting our local community, as well as strengthening our workforce.

“Whether you’re looking for a career change or you’re a fully qualified, experienced bus driver, there’s a role for everyone here in Oldham.

“We’re looking for personable and dedicated drivers who are ready to help us build on the success of the Bee Network and connect the people of Oldham and Greater Manchester with the places and people that are important to them.”

Stagecoach

Phil Cornwall, bus driver at Stagecoach Manchester, said: “I’ve been a driver at Stagecoach for 25 years and I couldn’t recommend it more.

“From the perks to the people to the passengers, it really is a great place to work.”

To apply, head to the Stagecoach website HERE.

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Two men charged with murder after torso discovered in Salford nature reserve

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Greater Manchester Police

Two men have now been charged with murder, following the discovery of a human torso in Kersal Dale.

As well as that, more suspected human remains were also discovered this morning, Monday April 29th, in an alleyway close to the railway lines off Worsley Road, Eccles.

This follows earlier discoveries of human remains over the past three weeks, at Kersal Dale, Blackleach Reservoir and Colliery Wood, all in Salford.

Greater Manchester Police


Michal Jaroslaw Polchowski (25/04/1956) and Marcin Majerkiewicz (10/04/1982) both of Worsley Road, Eccles, have been charged with murder.

They are set to appear at Tameside Magistrates Court this afternoon.

While formal identification is still ongoing, the remains found at Kersal Dale are believed to be of a local man in his 60s. The remains found at the other three locations are still to be tested, but police are confident they belong to the same victim.

ACC Sarah Jackson said: “We have had large numbers of officers, staff and specialists working diligently on this investigation over the last three weeks. It has been very much a large, collective effort, with the victim and family at the heart of it from the outset.

“We have specially trained officers deployed to support the family as they come to terms with this tragic news. They are aware of this morning’s further discovery and will continue to be kept up to date with how we are progressing.

“Despite the charges brought today, our work is far from over.

“The scenes we already have established in Bury and Salford will remain in place for much of this week whilst our searches and enquiries continue. Local officers will continue to patrol the impacted areas to provide reassurance.

“We will continue following every line of enquiry to recover and reunite the victim with his family, bringing a dignified end to this terrible scenario.

“I’d like to thank the communities of Salford and beyond for their cooperation throughout this investigation. I know this incident has come as a shock, and the support we’ve had from those in the area is very much appreciated.”

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