3 October – Following a backlash, the government announces the cancellation of their plan to abolish the highest income tax band.
6 October – Six council by-elections are held. Lampeter ward on Ceredigion County Council.
Butleigh and Baltonsborough ward on Mendip District Council. The Conservatives held the seat by 4 votes.
Highcliffe and Walkford ward on Bournemouth, Christchurch and Poole Council.
St Anthony’s ward on Eastbourne Borough Council.
Sparkbrook and Balsall Heath East ward on Birmingham City Council.
Bridgnorth West and Tasley ward on Shropshire Council
7 October – Conor Burns is dismissed as Minister of State for Trade Policy after a complaint of serious misconduct.
8 October – The Scottish National Party hold their first in-person annual conference in Aberdeen since the start of the COVID-19 pandemic.
10 October – Greg Hands is named to replace Conor Burns at the Department for International Trade.
14 October –Kwasi Kwarteng is sacked as Chancellor following the continued economic turmoil sparked by the mini-budget, and replaced by Jeremy Hunt. At the same time, Chris Philp is replaced by Edward Argar as Chief Secretary to the Treasury.
In a Downing Street press conference, Truss confirms a reversal of her plan to scrap an increase in corporation tax and admits "it is clear that parts of our mini-budget went further and faster than markets were expecting."
5 October – Liz Truss makes her first Conservative Party Conference speech as Prime Minister, saying she is focused on "growth, growth, growth" and decrying what she calls an "anti-growth coalition". The event is interrupted by protesters from Greenpeace.
6 October – Six council by-elections are held. Lampeter ward on Ceredigion County Council.
Butleigh and Baltonsborough ward on Mendip District Council. The Conservatives held the seat by 4 votes.
Highcliffe and Walkford ward on Bournemouth, Christchurch and Poole Council.
St Anthony’s ward on Eastbourne Borough Council.
Sparkbrook and Balsall Heath East ward on Birmingham City Council.
Bridgnorth West and Tasley ward on Shropshire Council
7 October – Conor Burns is dismissed as Minister of State for Trade Policy after a complaint of serious misconduct.
8 October – The Scottish National Party hold their first in-person annual conference in Aberdeen since the start of the COVID-19 pandemic.
10 October – Greg Hands is named to replace Conor Burns at the Department for International Trade.
14 October –Kwasi Kwarteng is sacked as Chancellor following the continued economic turmoil sparked by the mini-budget, and replaced by Jeremy Hunt. At the same time, Chris Philp is replaced by Edward Argar as Chief Secretary to the Treasury.
In a Downing Street press conference, Truss confirms a reversal of her plan to scrap an increase in corporation tax and admits "it is clear that parts of our mini-budget went further and faster than markets were expecting."
15 October – Speaking on BBC Radio 4's Today programme the day after his appointment as Chancellor Jeremy Hunt concedes that mistakes were made with the mini-budget outlined by his predecessor, chiefly that Kwarteng was wrong to cut the top tax rate, and that some taxes will have to be increased.
17 October –The new Chancellor, Jeremy Hunt, delivers an emergency statement to the Commons, in which he announces that the government "will reverse almost all the tax measures" from the mini-budget. The reconfigured budget will raise £32bn, out of the £70bn needed to close the funding gap.
First Minister of Scotland Nicola Sturgeon released the third paper in her Building a New Scotland series, explaining how Scotland's economy would function post-independence.
First Minister of Scotland Nicola Sturgeon released the third paper in her Building a New Scotland series, explaining how Scotland's economy would function post-independence.
19 October – Suella Braverman resigns as Home Secretary, following a breach of security protocol. She is succeeded by Grant Shapps.
20 October – Liz Truss resigns as Prime Minister of the United Kingdom, triggering another Conservative Party leadership election.
21 October – Penny Mordaunt becomes the first Conservative MP to formally put her name forward as Liz Truss's successor.
23 October –Rishi Sunak enters the race to be the next Conservative leader.
Boris Johnson rules himself out of the race to become the next prime minister.
Boris Johnson rules himself out of the race to become the next prime minister.
24 October – Penny Mordaunt drops out of the Conservative leadership race, leaving Rishi Sunak to be declared the winner. He is set to become the first British Asian prime minister, and the youngest person to hold the office for more than 200 years.
25 October – Rishi Sunak is scheduled to become the 57th Prime Minister of the United Kingdom after meeting King Charles III at Buckingham Palace
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