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Up to 100 letters sent to 1922 Committee as Michael Gove says PM’s departure is ‘a matter of when not if’ Dismayed Tory MPs are continuing their plotting to oust Liz Truss, amid anger over plummeting poll ratings and the threat of the axe falling on public spending, despite Jeremy Hunt urging them to unite behind her for the sake of the economy. Briefings continued in earnest on Tuesday saying that Graham Brady, chair of the powerful backbench 1922 Committee, had received up to 100 letters calling on Truss to go, increasing the pressure on him to rewrite party rules…

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Senior Tory ministers, Labour party and the public all expected to resist cuts, especially to frontline services • UK politics live – latest news updates Liz Truss is facing cabinet unrest over her plans for brutal public spending cuts across all departments after the disastrous mini-budget put major pledges at risk, including the pensions triple lock. The prime minister held a 90-minute cabinet meeting on Tuesday in which she warned ministers that “difficult decisions” lay ahead. Continue reading… ​Senior Tory ministers, Labour party and the public all expected to resist cuts, especially to frontline services• UK politics live – latest…

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NI secretary Chris Heaton-Harris indicates second poll of the year in mid-December unless power sharing quickly restored Northern Ireland will face assembly elections before Christmas unless power-sharing is restored in the next 10 days, the government has confirmed. Chris Heaton-Harris, the Northern Ireland secretary, hinted at an 8 or 15 December polling day during evidence at a House of Commons select committee. It would be the second election for Northern Ireland this year. Continue reading… ​NI secretary Chris Heaton-Harris indicates second poll of the year in mid-December unless power sharing quickly restoredNorthern Ireland will face assembly elections before Christmas unless…

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Report from one of the UK’s largest schemes is an early indicator of scale of the financial impact on retirement funds BT’s pension scheme has revealed the value of its assets plummeted by an estimated £11bn in recent weeks, after the meltdown in UK government bond markets following Kwasi Kwarteng’s mini-budget. The disclosure in the annual report published by BT Pension Scheme (BTPS), one of the UK’s largest company retirement plans with almost 270,000 members, provides one of the first insights into the scale of the financial impact on funds. Continue reading… ​Report from one of the UK’s largest schemes…

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