Sunday morning UK news briefing: Today's top headlines from The Telegraph

1. Liz Truss plans to cut taxes further in the new year

Liz Truss is planning to continue her tax-cutting spree in a new year Budget that will include further reductions in income tax, and discounts for savers and child benefit claimants.

Treasury officials are drawing up a list of “pinch points” that discourage people from earning more money by imposing high rates of tax on extra earnings, as part of a wholesale review of the tax system. Read the full story.

2. Scottish fund managers and US bankers to flock to London as Kwarteng fires up the City

Scottish fund managers and bankers from New York are set to move to England in droves as Liz Truss’s mini-Budget makes London a more attractive place to do business.

The end of the European Union-era bonus cap means the UK is more competitive again on the global stage, while England’s top rate of income tax is coming down from 45pc to 40pc, well below Scotland’s 46pc. Read the full story.

3. Armed Forces to grow thanks to £52bn spending boost

Britain will increase the size of its Armed Forces in the first sustained rise in the number of military personnel since the Cold War, the Defence Secretary has revealed.

Ben Wallace told The Telegraph that after decades of “defending against cuts or reconciling cuts with modern fighting”, the military is “actually going to grow” as a result of a spending increase of at least £52 billion ordered by Liz Truss in response to Russian aggression.. Read the full story.

4. Islamist preacher accused of ‘stirring up hatred’ in Leicester

An Islamist preacher who was involved in anti-Jewish demonstrations in London has been accused of “stirring up hatred” in Leicester, where attacks on Hindu temples and shops led to dozens of arrests.

Mohammed Hijab was one of the leading figures during demonstrations in the capital that were condemned as anti-Semitic by Jewish groups. Read the full story.

5. Pictured: First image of Queen Elizabeth II's final resting place

The first image of the late Queen's final resting place, released by Buckingham Palace today, shows her returned to the heart of her family, surrounded by flowers and the names of the people she loved best.

The photograph shows the new ledger stone installed in the King George VI Memorial Chapel in St George's Chapel where the monarch was buried on Monday. Read the full story.