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Liz Truss has for the first time acknowledged that “there has been disruption” to the UK economy following last week’s mini budget.

Since the chancellor’s announcement of £45bn in tax cuts the value of the pound has plummeted, nearly half of mortgages have been pulled and the Bank of England launched a £65bn bail-out to save pension funds from collapse.

Asked on Friday whether she accepted this is largely a crisis of her government’s own making, the prime minister said: “It was very, very important that we took urgent steps to deal with the costs that families are facing this winter, putting in place the energy price guarantee for which we’ve had to borrow to cover the cost… but also making sure that we are not raising taxes at a time where there are global economic forces caused by the war in Ukraine that we need to deal with.

“I recognise there has been disruption. But it was really, really important that we were able to get help to families as soon as possible – that help is coming this weekend.

“Because this is going to be a difficult winter and I’m determined to do all I can to help families and help the economy at this time.”

The government’s energy price guarantee comes into force on Saturday.

It means the average household shouldn’t have to pay more than £2,500 a year on their energy bills.

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Ms Truss defended the decision to present last week’s mini-budget without an accompanying forecast from the Office for Budget Responsibility (OBR) due to the need to respond rapidly to rising energy prices, amid concerns that average annual household bills could soon reach £6,000.

The lack of such a forecast is blamed by many – including Mel Stride MP, the Conservative chair of the treasury select committee – of contributing to the week’s turmoil on the markets.

The OBR said a forecast had been offered to Chancellor Kwasi Kwarteng but was not commissioned.

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Truss: Right to ‘take decisive action’

On Friday morning, the prime minister and chancellor met the OBR’s budget responsibility committee and afterwards issued a statement saying they “made it clear they value its scrutiny”.

Read more:
Will the housing market crash? Is my pension safe? Your questions answered
Storm clouds are thickening thanks to Truss and Kwarteng

But Ms Truss did not accept that failing to commission a forecast last week had been a mistake.

“It was important we acted quickly, in that timescale there couldn’t be a full OBR forecast. But we are committed to the OBR forecast.

“We are working together with the OBR. There will be an event on 23 November where the policies are fully analysed by the OBR, but it was a real priority to me to make sure we’re working to help struggling families.”

On Thursday, the chancellor committed to maintaining the triple lock on state pensions, which means they would rise in line with inflation (the triple lock means following whichever is higher consumer price inflation, average wage growth or 2.5%).

But the prime minister declined to offer a guarantee that benefits would also rise in line with inflation, despite a pledge from Boris Johnson’s government to do so.

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‘People have no faith in govt’

Ms Truss said the issue is “something that the work and pensions secretary is looking at, and she will make an announcement in due course, as is the normal practice for the autumn”.

But the prime minister argued the reversal of the National Insurance hike and support for businesses’ energy bills will help families.

“I had real fears that businesses could go out of business this winter because they were facing unaffordable energy bills,” she added.

“We put in place a business scheme, we put in place support for households across the country. That has cost us money, but it was important we acted quickly.”

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With the latest polls putting Labour more than 30 points ahead of the Conservatives, many backbenchers are concerned about the prospect of losing their seats at the next election.

Senior MP Charles Walker said on Friday the conversation is no longer about winning, but how much the party loses by.

But the prime minister declined to comment on whether her party is heading towards electoral defeat, responding that “100% of her focus” is on supporting “the British public and British businesses through this difficult winter”.

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Strikes on energy mean Ukraine is facing its toughest 125-day wintertime in post-Soviet history, energy boss Maksym Timchenko says

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Strikes on energy mean Ukraine is facing its toughest 125-day wintertime in post-Soviet history, energy boss Maksym Timchenko says

This winter will be the toughest in Ukraine’s history as an independent state as Russia targets power and water supplies, worsening the impact of the war, an energy boss has said.

But Maksym Timchenko told Sky News that Moscow will fail to turn out the lights for too long with its missile strikes because of his country’s ability to repair the damage quickly.

The chief executive of DTEK, the largest private Ukrainian energy firm, predicted that people will endure the next 125 days of wintertime “as brave Ukrainians” despite the threat of new Russian attacks against the energy grid.

“We will survive and we will win,” he said.

Image:
Maksym Timchenko, DTEK chief executive

Workers from DTEK as well as Ukrenergo, the national electricity company, have mobilised – at great personal risk – to repair power stations, substations and other parts of the network that have been targeted by Russian airstrikes since October in a new energy frontline.

“This has the same importance for Ukrainian victories as the military frontline,” Mr Timchenko said.

Four of his employees have so far been killed on duty since Russia launched its full-scale war in February. Three died in rocket strikes and the fourth was killed by a mine.

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“I’m so grateful to our people… who work in this industry,” he said. “These are real heroes and will stay in the history of Ukraine forever.”

With Russia thought already to have bombed more than a third of Ukraine’s energy system, the boss of DTEK predicted the coming months would be the harshest since at least 1991 when Ukraine gained its independence from the then Soviet Union.

“I can say with full confidence [it] will be the most difficult winter because we have never seen such destruction, such behaviour of our enemy, and we never lived under such conditions – constant rocket attacks and destruction and damage and explosions,” he said.

Equally, “I have full confidence that we will cope”.

Electricity & Drones
Image:
Engineers are working constantly to repair Ukraine’s power network

READ MORE: Ukraine war latest – Putin spy chief meets CIA over nuclear threat

Mr Timchenko said all six of his company’s thermal power stations had been hit, some of them several times, but they were all back up and running.

“In this fight, you learn a lot: how to restore power supply; how to restore the system; what creative technical solutions can be found so that we bring back our power stations,” he said.

“I have a strong belief that there is no chance that a complete blackout can continue for a long time so that people cannot live.”

But he appealed to the international community for more electrical transformers to assist with efforts to reconnect the grid. “Today, equipment is more important than money for us.”

Electricity & Drones
Image:
Vasyl Timoshchuk is one of the electrical engineers risking his life to repair Ukraine’s infrastructure

A major attack on 23 November knocked power out across much of the country for tens of millions of people. Even many homes in the capital Kyiv were without electricity and water for at least 48 hours – the worst impact of Russia’s new tactic so far.

Read more: Striking satellite image reveals extent of Ukraine’s power shortage after Russian missile strikes

However, Mr Timchenko said despite the damage, it had been possible to retrieve power supplies. “Now we start this countdown of the winter season – 125 days – and trust me, we will get through these 125 days as brave Ukrainians,” he said.

In one home on the outskirts of Kyiv, a couple in their 70s said they would never give up no matter how long they must go without electricity and running water.

Liubov Sudakova and Volodymyr Sudakov
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Liubov Sudakova and Volodymyr Sudakov

Liubov Sudakova and Volodymyr Sudakov are lucky because they have a log stove that keeps the house warm when the power is out. They have also stocked up on food – potatoes and other vegetables – grown in their garden.

“We just need the bombs to stop falling,” said Liubov. “When bombs were flying in the summer… I was in my garden and heard this ‘woosh’ and later boom. So that was scary.”

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Pele: Brazil football legend back in hospital as he fights cancer

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Pele: Brazil football legend back in hospital as he fights cancer

Brazilian football legend Pele is back in hospital, according to his daughter.

But in an Instagram post, Kely Nascimento also said there was “no emergency”, as he continues to fight colon cancer.

She said he had been admitted so that doctors could regulate his medication.

She wrote: “Lots of alarm in the media today concerning my dad’s health. He is in the hospital regulating medication.

“There is no emergency or new dire prediction. I will be there for New Years and promise to post some pictures.”

Pele's daughter said her father was 'recovering well and within normal range'. Pic: Instagram/Kely Nascimento
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Pele and his daughter in September 2021. Pic: Instagram/Kely Nascimento

The football star had a tumour removed from his colon in September 2021 and has since been in and out of hospital for treatment on a regular basis.

ESPN is reporting the 82-year-old had been admitted to Albert Einstein Hospital in Sao Paulo with “general swelling” and was having cardiac issues.

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And medics were concerned that chemotherapy treatment was not having the expected results.

Pele is to have further tests for a more in-depth assessment of his health issues, it added.

His manager and the hospital did not immediately respond to requests for comment.

Pele is arguably the greatest footballer of all time.

He burst on to the global scene as a 17-year-old at the 1958 World Cup, helping Brazil to the first of their record five successes.

Pele celebrates after scoring at the 1970 World Cup in Mexico. Pic: Reuters/Action Images/Sporting Pictures
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Pele celebrates after scoring at the 1970 World Cup in Mexico. Pic: Reuters/Action Images/Sporting Pictures

Injury affected Pele’s contribution to the 1962 and 1966 finals, but he led Brazil to a third triumph, this time in Mexico in 1970 as part of what is widely regarded as the greatest international team of all time.

Brazil‘s leading scorer, with 77 goals in 92 matches for his country, he embodied the idea of football as “the beautiful game”, one played with skill, speed and imagination.

There is much dispute over the number of goals overall he scored during his career, which Guinness World Records puts at 1,279.

However, critics believe that figure is too high, boosted by hundreds scored in friendlies and practice matches.

Including those, he scored at almost a goal a game throughout his 22-year career.

Others put his total at 757 goals, although his main club, Santos, says his tally was closer to 1,000.

In 2013, he was awarded the FIFA Ballon d’Or Prix d’Honneur (award of honour) in recognition of his career and achievements.

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Man arrested over mass drowning of migrants in English Channel fighting extradition to France

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Man arrested over mass drowning of migrants in English Channel fighting extradition to France

An alleged ringleader of a people smuggling gang, accused of sending more than 30 migrants to their deaths in the English Channel, is fighting extradition to France.

Harem Abwbaker, a UK asylum seeker, is said to have charged the migrants $3,200 (£2,680) each for the trip in November last year.

Appearing at Westminster Magistrates’ Court, the 32-year-old was accused of putting them in a badly-designed boat with inadequate navigation or life-saving equipment.

When the boat deflated and sank in darkness two hours after leaving France – and all but two on board drowned – he allegedly offered their relatives money to keep quiet.

French authorities outline allegations

Two migrants survived and identified Abwbaker as the ‘right-hand man’ of the gang’s leader, according to an extradition warrant issued by the French authorities.

The document also claims he personally helped the migrants on to the boat and electronic data showed his mobile phone was at the launch site on the French coast.

The warrant states the migrants were powerless to respond to an emergency, and “had no chance of facing any event at sea,” Prosecutor Michael McHardy told Westminster Magistrates’ Court.

Harem Ahmed Abwbaker. Pic: National Crime Agency
Image:
Harem Abwbaker was arrested in Cheltenham. Pic: National Crime Agency

Suspect wants to prove ‘innocence’

Abwbaker, a Kurd, was arrested in Cheltenham, Gloucestershire, on Tuesday morning. In court he gave his address as the town’s Ramada Hotel.

He sat in the dock in jeans and a grey sweatshirt, scratching his beard during the 30-minute hearing.

Asked if he agreed to be extradited, he said through an interpreter: “If I return now, how can I come back once I’ve proved my innocence? What you’re talking about is my life and my freedom.”

Judge Paul Goldspring said: “It’s clear he’s not consenting.”

Read more:
French government will investigate worst-ever Channel migrant disaster

It’s previously been reported that 27 bodies were recovered the day after the boat sank and four migrants were still missing.

According to the extradition warrant, the French Navy recovered 25 bodies.

This is what remains of the boat that capsized in the Channel and resulted in the deaths of 27 people
Image:
The remains of the boat which capsized in the English Channel in November 2021

Abwbaker did not ask for bail and was remanded in custody ahead of an extradition hearing in April. He will appear in court again for a preliminary hearing on 29 December.

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