Kwasi Kwarteng

MJ Gleeson has said that “weaker conditions” across the 2023 housing market led to it selling fewer homes in the second half of the year. Picture supplied by Gleeson Homes.

‘Weaker’ market conditions result in drop in sales for housebuilder MJ Gleeson
Low Cost Housebuilder MJ Gleeson has said that “weaker conditions” across the 2023 housing market led to it selling fewer homes in the second half of the year.

Richard Fearon, chief executive of the Leeds Building Society, as the organisation posted record results. Picture: James Hardisty

What happened in world of Yorkshire business during 2023: January to March

'In talking up the Windsor Agreement, Rishi Sunak admitted that Northern Ireland had the best of both worlds – open access to the EU and unhindered trade with the UK’s home market.' PIC: Owen Humphreys/PA Wire

Why we need closer relationships with our European neighbours - YP Letters

Liz Truss has been claiming from fund for ex-prime ministers despite only 49 days in office (Getty Images)

Liz Truss claims from fund for ex-PMs despite only 49 days in office

Liz Truss

Liz Truss defends her record as prime minister in think tank speech

Liz Truss makes a statement prior to her formal resignation outside Number 10 in Downing Street on October 25, 2022.

Liz Truss to call for retirement age to be raised

Overall profits for MJ Gleeson fell from £55.5 million in 2022 to £31.5 million for the year ended 30th June, a drop of just over 43 per cent. Picture: MJ Gleeson

Sheffield housebuilder MJ Gleeson cites ‘disastrous’ mini-budget as profits fall

Liz Truss and Kwasi Kwarteng's Mini Budget was not the cause of interest rates hikes, it has been claimed. (Photo by OLI SCARFF/AFP via Getty Images)

'Don't blame Liz Truss's Mini Budget for interest rate hikes', economist says

A closed sign in a shop in Lincoln city centre during England's third national lockdown to curb the spread of coronavirus. PIC: PA

Blame lockdowns for rising mortgage costs not the Government - YP Letters

Prime Minister Rishi Sunak appearing before the Liaison Committee at the House of Commons, London. Picture date: Tuesday July 4, 2023. PA Photo. See PA story POLITICS Liaison. Photo credit should read: House of Commons/UK Parliament/PA Wire

Prime Minister Rishi Sunak must be admired for sticking to his plan - a plan to ...

Gina Coladangelo and Matt Hancock on day one of the Cheltenham Festival at Cheltenham Racecourse. Picture date: Tuesday March 14, 2023.

MP second jobs rule change needed after Matt Hancock sting: The YP says

File photo dated 04/06/21 of Matt Hancock. Mr Hancock and former Chancellor Kwasi Kwarteng have told a fake overseas company looking for MP advisers their daily rate for consultancy would be £10,000. In a sting operation set up by campaign group Led By Donkeys, Mr Hancock and Mr Kwarteng both set out six-figure sums for what they would expect to be paid to advise a non-existent firm in South Korea.

Hancock and Kwarteng tell fake firm they will advise for £10,000 per day

Prime Minister, Rishi Sunak. Photo by Carl Court/Getty Images.

Sunak shows competence but the Tories need forgiveness - The Yorkshire Post says

Chancellor of the Exchequer Jeremy Hunt arrives at Busy Bees Nursery in Battersea, south London where he met staff and played with children after delivering his Budget earlier. PIC: Stefan Rousseau/PA Wire

Ambition to lower taxes was lacking in the Budget - Bill Carmichael

Britain's Chancellor of the Exchequer Jeremy Hunt walks out of Number 11 Downing Street

What is the Spring Budget and what to look out for

Alasdair Lenman, Interim Chief Executive of Yorkshire Building Society, said: “During what proved once more to be a difficult year for many, our focus on supporting members, customers, communities and colleagues highlighted the best of our Society, which once again delivered a strong set of financial results that we are very proud of." Picture: Mark Bickerdike

Mini-budget turmoil was 'really unsettling' for customers, says boss of mutual

Use our interactive tool to see if house prices are rising or falling in your area of Yorkshire

Are house prices falling in Yorkshire? Check with our interactive tool

CBI Director-General Tony Danker speaking during the CBI annual conference at the Vox Conference Centre in Birmingham.

CBI calls for business tax-relief to be extended in Budget

Mayor of London calls for duty-free shopping to be reinstated

Retirement age to increase to 68 by the end of the 2030s

The podium was only used by Liz Truss on a handful of occasions

Liz Truss’ Jenga-style podium cost taxpayers over £4,000
Liz Truss’ podium likened to block balancing game, Jenga, cost the taxpayer over £4,000, it has been revealed - and now it’s been archived
Patrick Hollis

The Crown Estate has announced it has signed Agreements for Lease for six offshore wind projects - including two off Morecambe Bay.

Three wind farms to be built off Yorkshire coast

Library image of Kwasi Kwarteng and Liz Truss

Business review of 2022: Chaos at heart of Government hit business hard

Question 4.

Blackfriar Boxing Day Quiz

Andrew Milnes

Andrew Milnes takes a long hard look at this year's mortgage market

Paul Andrew assesses the impact of the Autumn Statement. Picture: Patrick JT Bannon

Future-proof financial planning after Autumn Statement - Paul Andrew

What the budget means for homeowners and the property sector

Autumn budget and what it means for homeowners and investors

Autumn Statement 2022: What time is Jeremy Hunt’s budget and how to watch it live online and TV

How to watch Jeremy Hunt’s Autumn Statement

Ben Staniforth

Why mainstream house prices are set to fall by 10 per cent next year

Kwasi Kwarteng refused to apologise for the impact of the mini-budget on the people.

Kwasi Kwarteng says he warned Liz Truss of her downfall

House prices in the UK have fallen for the first time in over a year.

UK house prices fall in October for first time in 15 months

Prime minister Rishi Sunak and Chancellor Jeremy Hunt have said “tough decisions” are needed on upcoming tax rises.

Treasury warns of inevitable tax rises in upcoming financial statement
The Treasury has warned of ‘inevitable’ tax rises as Rishi Sunak and Jeremy Hunt discuss upcoming financial statement.
Dennis Morton

Royal Mail’s parent firm has said it faces no further action months after ministers said they would launch a national security probe into the company.

Royal Mail parent firm faces ‘no further action’ over potential security probe

Chancellor of the Exchequer Jeremy Hunt, leaves Downing Street, Westminster, London, after the first Cabinet meeting with Rishi Sunak as Prime Minister. Picture date: Wednesday October 26, 2022.

Halloween mini-budget delayed by two weeks, Number 10 says

King Charles III welcomes Rishi Sunak during an audience at Buckingham Palace, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government. (Photo by Aaron Chown - WPA Pool/Getty Images)

Rishi Sunak: An open letter from The Yorkshire Post to our new Prime Minister

Rob Gill has his say.

Renters must not be forgotten when it comes to access to good housing - Rob Gill

Truss’s leadership campaign ran for longer than her actual premiership lasted. PIC: James Manning/PA Wire

The next PM must now call a General Election - The Yorkshire Post says

Boris Johnson addresses the nation as he announces his resignation outside 10 Downing Street 7 July 2022 (Photo: Dan Kitwood/Getty Images)

Which post Second World War Prime Minister had the shortest tenure?

Grant Shapps is the new home secretary. Photo by Hollie Adams/Getty Images.

Who is new home secretary Grant Shapps?

Suella Braverman has reportedly stepped down as Home Secretary.

Suella Braverman resigns from role as Home Secretary

The controversy on IR35 shines a light on the UK's complex tax rules, says Greg Wright, The Yorkshire Post's deputy business editor

IR35 controversy shines a light on UK's complex tax rules - Greg Wright

Jeremy Hunt leaves 10 Downing Street in London after he was appointed Chancellor of the Exchequer following the resignation of Kwasi Kwarteng. Picture date: Friday October 14, 2022.

'Off-payroll will continue to cause significant harm to the self-employed'

Prime Minister Liz Truss outside 10 Downing Street. PIC: James Manning/PA Wire

Political naivete of Liz Truss has put the 'wets' in charge - Bernard Ingham

Kwasi Kwarteng was sacked on Friday. PIC: Carl Court/Getty Images

PM cannot be trusted after the way she treated Kwasi Kwarteng - YP Letters

A video grab from footage broadcast by the UK Parliament's Parliamentary Recording Unit (PRU) shows Britain's Chancellor of the Exchequer Jeremy Hunt announcing tax and spending measures, part of medium-term fiscal plan to MPs at the House of Commons, in London, on October 17, 2022. - The British government on October 17, 2022 axed almost all of its debt-fuelled tax cuts unveiled last month to avert fresh markets chaos, in a humiliating climbdown for embattled Prime Minister Liz Truss. The shock move by new finance chief Jeremy Hunt, parachuted into the job on Friday to replace sacked Kwasi Kwarteng, leaves Truss' position in a precarious state after a series of embarrassing U-turns. (Photo by PRU / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / PRU " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS (Photo by -/PRU/AFP via Getty Images)

80 per cent of mortgage holders feel they have to cut their spending

Demand for foodbanks has been on the rise for a while now. Highlighting the need to take action on poverty.

Poverty isn't a short-term crisis, it is a long-term trend - Ben Ryan

New Chancellor Jeremy Hunt is to fast-track billions of pounds of savings in an attempt to get the public finances back on track and stabilise financial markets after weeks of turmoil.

Jeremy Hunt: New chancellor announces reverse on mini budget policies

Jeremy Hunt is expected to give a statement this morning to reassure markets (Photo: Getty Images)

Jeremy Hunt statement: How to watch chancellor’s fiscal announcement

Jeremy Hunt will make an emergency statement today (Photo: Getty Images)

More mini-budget U-turns expected in chancellor Jeremy Hunt statement

The Labour leader spoke to the Yorkshire Post following his speech at the Labour Regional Conference in Barnsley

Labour leader pledges devolution, industry jobs, and levelling up for Yorkshire

Chancellor Jeremy Hunt at 10 Downing Street (Photo by Leon Neal/Getty Images)

Jeremy Hunt: Who is the new chancellor, how old is he?

Chancellor Kwasi Kwarteng. Photo by -/PRU/AFP via Getty Images

Political intransigence won’t work with the markets or voters - Justine Greening

Jeremy Hunt leaves 10 Downing Street in London after he was appointed Chancellor of the Exchequer following the resignation of Kwasi Kwarteng. Picture date: Friday October 14, 2022. PA Photo. The Chancellor flew back early from International Monetary Fund talks in Washington on Friday to be informed of his fate in a brief meeting with the Prime Minister, it was reported. See PA story POLITICS Tory. Photo credit should read: Victoria Jones/PA Wire

Jeremy Hunt appointed as Chancellor despite backing tax cuts this year

LONDON, ENGLAND - OCTOBER 14: UK Prime Minister Liz Truss answers questions at a press conference in 10 Downing Street after sacking her former Chancellor, Kwasi Kwarteng, on October 14, 2022 in London, England. After just five weeks in the job, Prime Minister Liz Truss has sacked Chancellor of The Exchequer Kwasi Kwarteng after he delivered a mini-budget that plunged the UK economy into crisis. (Photo by Daniel Leal - WPA Pool/Getty Images)

Truss sacks Chancellor in last-ditch bid to save her premiership

Prime Minister Liz Truss. Pic: Stefan Rousseau/PA Wire.

Prime Minister Liz Truss hangs on by a thread - The Yorkshire Post says

Regarded as one of the most gifted members of post-war Conservative politics, Macleod was responsible for overseeing the independence of many British African territories. MacLeod refused to serve as a Cabinet Minister under Sir Alec Douglas-Home as he disapproved of the procedure by which Sir Alec was selected but later became the Colonial Secretary and Chancellor of the Exchequer. He was also the editor of the 'Spectator'. (Photo by Evening Standard/Getty Images)

Who was shortest serving Chancellor of the Exchequer Iain Macleod?

Kwasi Kwarteng.

Kwasi Kwarteng sacked by Prime Minister Liz Truss

Chancellor of the Exchequer Kwasi Kwarteng arrives in Downing Street, London, after returning from the US ahead of schedule for urgent talks with Prime Minister Liz Truss as expectations grow that they will scrap parts of their mini-budget to reassure markets. Picture date: Friday October 14, 2022.

Chancellor Kwasi Kwarteng set to be sacked after just 40 days in office

Kwasi Kwarteng has cut his trip to the International Monetary Fund in Washington, USA short.

Will Chancellor Kwasi Kwarteng announce a budget U-turn today?

The cuts could be among those presented to the Foreign Secretary James Cleverly as part of savings required by the Chancellor to balance the books

"Alarm” over plans to cut spending on international aid

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