Also from this morning's Front Page newsletter: Liz Truss under pressure to raise corporation tax. Sign up below
Buckingham Palace is reconsidering plans for the Queen Consort to be crowned using the controversial Koh-i-Noor diamond, with India’s ruling party warning that the move would bring back "painful memories of the colonial past".
Palace officials are understood to be reviewing whether Queen Camilla should wear the jewel, worn by consorts including Queen Alexandra and Queen Mary.
It was last worn by the Queen Mother in 1937. It comes as Downing Street indicated the early May bank holiday could be moved to coincide with the coronation.
Meanwhile, Mike Tindall, who is married to the King’s niece Zara, is set to join the cast of I’m A Celebrity… Get Me Out Of Here.
With the King due to visit The Repair Shop, Guy Kelly examines the royal reality TV we want to see.
Liz Truss is under growing Tory pressure to raise corporation tax to reassure the markets over her debt reduction plan as she ruled out major spending cuts. Conservative MPs predicted that the Prime Minister would be forced into changing more elements of her mini-Budget despite denials from Downing Street. Ms Truss had promised to scrap the rise in corporation tax from 19 per cent to 25 per cent, due in April, but is now facing calls to reverse course. Bringing in the tax cut over a longer period would be likely to save the Treasury billions of pounds but prompt accusations of hypocrisy after Ms Truss campaigned against a rise in the Tory leadership race this summer. The Telegraph View is that spending restraint cannot be avoided. Here are eight options the Prime Minister can choose from to boost government savings. King Charles was heard to mutter "Dear oh dear" as he greeted Ms Truss at Buckingham Palace for their weekly meeting on Wednesday night.
Ms Truss had given a private speech outlining her economic approach and doubling down on tax cuts at a Tory fundraising dinner on Tuesday night for which tickets cost £1,500. The Prime Minister was among a host of Cabinet ministers to attend the Carlton Political Dinner at The Dorchester, a five-star hotel beside Hyde Park. Former chancellor Lord Lamont said backbenchers already discontented with Ms Truss should "grin and bear" it, warning against another "farcical" change of leader.
The far-Right conspiracy theorist Alex Jones has been ordered to pay nearly $1billion in damages to the families of the victims of the 2012 Sandy Hook school shooting for falsely claiming the massacre was a hoax. The $965m (£870m) compensation decision was reached by a jury following a three-week civil trial in Waterbury, Connecticut, not far from where a gunman killed 20 children and six staff members at Sandy Hook Elementary in the deadliest school shooting in US history. Lawyers for families of eight victims during closing arguments said Mr Jones cashed in for years on lies about the shooting. Read how he peddled false stories.
The new Government’s various struggles in recent weeks inspired Matt’s latest cartoon.
‘Potential security threat’ | A passenger flight from Turkey en route to Manchester was diverted to Stansted Airport on Wednesday evening, escorted by two RAF Typhoon fighter jets due to a "potential security threat". Jet2 flight LS922 departed Dalaman, Turkey, and was due to arrive at Manchester Airport at 9.40pm, before it was diverted.
Vladimir Putin has warned that all world energy infrastructure is at risk of attack in a thinly veiled threat to the West. The Nord Stream gas pipeline explosions, which were widely blamed on Russian sabotage, were an act of terror that set "the most dangerous precedent", he said. Britain announced that it is donating cutting-edge anti-aircraft missiles to Ukraine that are capable of shooting down cruise missiles for the first time. Yet Joe Barnes and Dominic Nicholls reveal why Ukraine’s dream of an ‘iron dome’ to stop Putin’s rockets is proving hard to realise.
As a great goalscorer, Mohamed Salah’s part in the history of English football has long since been assured – and now on a strange night of wonder for Liverpool, their No 11 has a little slice of Scottish football history too. Salah was sent on as a substitute by Jürgen Klopp in the 67th minute and went on to score the fastest hat-trick in Champions League history. Chris Bascombe says Klopp’s half-time team talk could be the turning point Liverpool needed. Meanwhile, Harry Kane was hit and miss as Spurs battled to top their group with a win over Frankfurt.
The Bank of England has lashed out at fellow City regulators over the pension market fiasco after an intervention by Andrew Bailey triggered a surge in borrowing costs. In a report on Wednesday, Threadneedle Street suggested that the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) had failed to crack down on risky investment strategies that left retirement funds exposed to ructions in the bond market. Tim Wallace details how the blame game for the pensions fiasco has begun. Ben Wright reveals how the situation means the Bank of England risks continuing the supply of cheap money by the back door.
Before the advent of roads and mobile phones, a network of trails connected Bhutan’s crumple of steep mountains and deep valleys. The newly restored Trans Bhutan Trail is the gate to the mysterious mountain kingdom. A team of 900 Bhutanese, many of whom had lost work during the Covid crisis, were mobilised for the construction of the 250-mile trail running from east to west: 18 bridges were built and 10,000 stone steps cut by hand over 115,000ft of elevation in the space of 36 months. Sarah Marshall reveals what it is like to join tourists trekking sections of the ancient, previously abandoned pathways.
Pollo al ajillo (Spanish garlic chicken) | A punchy, quick dish to serve with potatoes.
‘I regret almost all of it’ | Gregory David Roberts used to rob building societies but now spurns shirts and shoes. As his bestseller hits Apple TV+, meet the gun-toting hippie behind Shantaram.
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