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The Daily Telegraph describes it as “a gamble on economic growth”, which caused “turmoil in the financial markets”. The paper notes that Mr Kwarteng made the announcement on just his 18th day in the job. Markets now expect the Bank of England to raise interest rates by at least one percentage point at its meeting in November to 3.25%, the paper adds, with rates expected to peak at more than 5% next year.

Daily Telegraph Front Page 4th of December 2025

Ministers plan nationwide live facial recognition, letting police match CCTV to the passport photo database. They say it will speed suspect identification; critics warn of privacy risks, false matches and mission creep. Statutory oversight and safeguards are promised.

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Daily Telegraph Front Page 3rd of December 2025

The Treasury’s permanent secretary has been drawn into a dispute over the Chancellor’s claims about the state of the public finances and the OBR’s advice. A released letter suggests her remarks misled the public, prompting fresh questions over how the fiscal outlook was presented.

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Daily Telegraph Front Page 2nd of December 2025

Rachel Reeves is under pressure after OBR chair Richard Hughes was pushed out just before he was due to give Budget evidence to MPs. Critics accuse the Treasury of silencing scrutiny after an internal row; ministers deny interference. MPs from across parties want full transparency and his testimony.

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Daily Telegraph Front Page 1st of December 2025

Rachel Reeves faces a referral to government ethics officials after Nigel Farage alleged she misled the public about the size of the fiscal gap used to justify tax rises. He says forecasts don’t back her headroom claims; the Treasury says its figures reflect OBR assessments.

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