Evening briefing: Today’s essential headlines
School stabbing | A 15-year-old boy stabbed to death outside his school in Huddersfield has been named locally as Khayri McLean. On Wednesday night, West Yorkshire Police launched a murder inquiry when the teenager died hours after being attacked close to the entrance of North Huddersfield Trust School. A 16-year-old boy was arrested.
Industrial action | 40,000 rail workers to walk out in fresh strikeAnti-monarchists | Australians burn Union flag on day of mourningGrammar schools | Expansion now ‘seriously’ considered by ministersElectricity blackouts | UK at risk of outages for 10 hours this winterBlood pressure | This is when yours may rise dangerously
The big story: National Insurance hike to be scrapped
It could have been a day of total economic doom and gloom.
Instead, the new chancellor has pulled an early "rabbit out of the hat" with the news that the National Insurance hike which was only introduced in April this year will be reversed from November.
Kwasi Kwarteng has announced ahead of his "mini-Budget" tomorrow that the 1.25 percentage point rise in National Insurance contributions will be reversed from November 6.
The Government is also cancelling the planned Health and Social Care Levy which was due to replace the National Insurance rise as a new standalone tax from April 2023.
Mr Kwarteng has committed to keeping funding for health and social care services at the same level as if the levy was introduced, with the £13 billion a year now being found through general taxation.
Read what the Chancellor said in a statement.
The Institute for Fiscal Studies has said that tomorrow Mr Kwarteng will deliver the biggest package of tax cuts since Margaret Thatcher was in Number 10 Downing Street.
Read how he is expected to do it.