Kwasi Kwarteng has today been sacked as Chancellor after being met with widespread backlash over his latest mini-budget.
Kwarteng was appointed to the role by Prime Minister Liz Truss only 38 days ago, but many detractors believed he was on his way out the door after he unveiled his mini-budget on 23 September – where he notably and controversially announced £45 billion in unfunded tax cuts.
Kwarteng confirmed in a letter written to the Prime Minister and shared to social media this afternoon that he was asked to “stand aside” as Chancellor.
His letter reads in full: “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.
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“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.
“It is important now as we move forward to emphasise your government’s commitment to fiscal discipline. The medium-term fiscal plan is crucial to this end, and I look forward to supporting you and my successor to achieve that from the backbenches.
“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.
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“Your success is this country’s success and I wish you well.”
Kwasi Kwarteng sacked as Chancellor by Liz Truss after mini-budget backlash / Credit: 10 Downing Street
Kwarteng’s sacking this afternoon following growing backlash from various sides comes after he suddenly U-turned on his plans to scrap the 45p rate of income tax for the UK’s highest earners at the start of this month.
The change of heart came just 10 days after he unveiled his mini-budget, which led to 10 day of market turmoil and fierce pressure from both within Conservative party and from opposition.
Kwarteng said that the proposals had “become a distraction” in his U-turn statement.
His statement read: “From supporting British business to lowering the tax burden for the lowest paid, our Growth Plan sets out a new approach to build a more prosperous economy. However, it is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country.
“As a result, I’m announcing we are not proceeding with the abolition of the 45p tax rate.”
Featured Image – Kyle Heller (via 10 Downing Street)
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Dame Sarah Storey is going on Strictly Come Dancing 2026
Danny Jones
Record-breaking local athlete and Paralympian, Dame Sarah Storey, is set to become the latest to join the Strictly Come Dancing annals.
With the Strictly cast for 2026 steadily being unveiled, we always keep an eye out for the Greater Manchester names in particular.
That being said, we’re buzzing to see the hugely successful Stockport swimmer turned cyclist will be swapping her Team GB kit for sparkly, sequined ballroom gowns and an entirely different type of sport and fitness.
Announced on Friday, 17 July, Storey is the seventh celebrity to be confirmed for the 24th series of the hit BBC show and dancing competition.
Having represented her country not only at nine Paralympics but across two different disciplines after switching to the racing bike back in 2005, she’s our most decorated competitor in the entire history of the Games with 30 medals to her name – 19 of which are gold.
Absolute GOAT levels.
But now the Cheadle Hulme-born is once again set to show her versatility to see how she fares on the dance floor later this year.
Commenting ahead of the new-look season which starts this September, the 48-year-old said: “Embarking on a new challenge so soon after stepping down as an athlete is hugely exciting.
“I have always loved watching Strictly, and my daughter Louisa is a very talented dancer, so to be able to learn from the best and hopefully understand even more about her world is incredibly motivating! I can’t wait to get started!”
This latest sea-change comes not long after the local legend and sporting icon officially announced her retirement from professional sport more than three decades on from first bursting onto the scene.
Thank you for taking the time to leave all the incredible messages. It’s so wonderful to read them and thank you for being the greatest supporters 🥰
— Dame Sarah Storey (@DameSarahStorey) July 9, 2026
What a career she’s had; it obviously didn’t take her long to get tired of sitting still for once, either.
She will be joined by the likes of Lacey Turner, Dani Dyer, Delta Goodrem, Chris Appleton, Cach Mercer and Will Best.
In case you missed it, the upcoming edition of Strictly Come Dancing will be the first since Tess Daly and Claudia Winkleman stepped down, with Emma Willis, Josh Widdicombe and pro dancer Johannes Radebe stepping in as replacements.
In other starring Stockport news, we’ve finally got more info on the final season of a popular programme filmed in the area. Find out more down below.
Two more people arrested as investigation into Dovestone Reservoir moorland fire continues
Emily Sergeant
Two more people have been arrested as part of the ongoing investigation into the devastating moorland fire near Dovestone Reservoir.
Yesterday (16 July 2026), a 19-year-old woman was arrested on suspicion of arson and has been bailed pending further police enquiries, before a man in his 20s has today (17 July) been arrested on suspicion of arson, and remains in custody for questioning.
These follow the arrest and subsequent charging of 20-year-old Shania Care-Slede, from Hyde.
Care-Slede has been charged with aggravated arson, being reckless as to whether life was endangered, and dangerous driving, and was remanded in custody before appearing at Manchester Magistrates’ Court this past Tuesday (14 July).
After the blaze broke out this past Saturday evening (11 July) at the popular beauty spot in Oldham, prompting a major multi-agency response, fire crews from Greater Manchester Fire and Rescue Service (GMFRS) have been working around the clock in challenging conditions to contain the fire and prevent further spread across the moorland.
Specialist wildfire resources, command support units, drone technology, and partner agencies have also been deployed as operations continue across multiple sectors of the incident.
To make matters worse, ‘strong’ winds carried smoke across parts of Greater Manchester – with reports of haze and the smell of burning being received from areas well beyond the immediate vicinity of the fire.
With three major arrests having already now been made, Greater Manchester Police (GMP) says its officers are continuing to pursue a number of lines of enquiry and are seeking to identify any other individuals who may have been involved.
“This investigation has been progressing at pace, we are nearly a week on and the fire at Dovestones is still ongoing, and it has had devastating effects it has had on the Reservoir,” commented Detective Inspector Andrew Day, of GMP’s Oldham division said.
“As this incident continues, officers would like to thank all emergency service partners for their support and dedication.
“In particular, our colleagues at Greater Manchester Fire and Rescue Service, whose firefighters have spent countless hours tackling the fire in demanding conditions.”
Emily Sergeant -
14th October 2022 
