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The Sunday Telegraph reports that Liz Truss, currently favourite to succeed Boris Johnson as prime minister, is considering a “nuclear” VAT cut of 5%. The paper says the measure, modelled on Gordon Brown’s response to the 2008 financial crisis, would cost the government £38.4bn a year, but would save the average household more than £1,300 over the same period.

Sunday Telegraph Front Page 30th of November 2025

Reports claim the PM sanctioned messaging about a fiscal “black hole” despite being briefed that the OBR outlook was positive, helping justify tax rises. The disclosure has sparked demands for transparency and possible inquiries into whether the public was misled.

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Sunday Telegraph Front Page 16th of November 2025

Angela Rayner is mobilising a leadership bid against Starmer, with allies said to be canvassing MPs and sounding out unions. Reports claim prospective backers are being promised cabinet roles. The move follows Labour unrest and could trigger a contest within weeks.

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