Truss premiership 'hanging by thread' after Kwarteng sacking and latest U-turn
Source: The Guardian
Liz Truss is desperately clinging to her premiership after she sacked her chancellor and ripped up the mini-budget but failed to calm the financial markets or furious Conservative MPs.
In a humiliating reversal, the prime minister backed down on plans to scrap an £18bn rise in corporation tax and replaced Kwasi Kwarteng as chancellor with Jeremy Hunt.
She said staying in her position as prime minister would help to “reassure the markets of our financial discipline”, but the cost of government borrowing rose and the pound fell following her press conference announcing the changes.
Senior Conservative MPs are plotting how to remove her from office, with some mulling whether to publicly call for her to resign in the coming days. One former cabinet minister said they thought it was “50/50 whether she will make it till Christmas”, adding: “If I could wave a magic wand and get rid of her now then I would, but the problem is the mechanism.”
Liz Truss's government on the brink after Suella Braverman's parting shot
Source: The Guardian
Liz Truss's UK premiership looked on the verge of imploding late Wednesday, after a Parliament vote triggered allegations of government bullying and the resignation of two of the prime minister's senior officials.
Liz Truss's beleaguered government appeared at risk of collapse on Wednesday as Suella Braverman launched a stinging attack on the prime minister after being forced to resign as home secretary.
Braverman's dramatic departure, coming just five days after Truss sacked her chancellor, Kwasi Kwarteng, risks the prime minister experiencing the sort of mass exodus of ministers that forced Boris Johnson to quit.
Amid chaotic scenes in the Commons, it was reported that Wendy Morton, the chief whip, and her deputy, Craig Whittaker, were both reported to have left the government. However, after hours of confusion Downing Street released a statement confirming the two "remain in post".
weatheriscool wrote: ↑Thu Oct 20, 2022 12:03 am
Liz Truss's government on the brink after Suella Braverman's parting shot
Source: The Guardian
Liz Truss's UK premiership looked on the verge of imploding late Wednesday, after a Parliament vote triggered allegations of government bullying and the resignation of two of the prime minister's senior officials.
Liz Truss's beleaguered government appeared at risk of collapse on Wednesday as Suella Braverman launched a stinging attack on the prime minister after being forced to resign as home secretary.
Braverman's dramatic departure, coming just five days after Truss sacked her chancellor, Kwasi Kwarteng, risks the prime minister experiencing the sort of mass exodus of ministers that forced Boris Johnson to quit.
Amid chaotic scenes in the Commons, it was reported that Wendy Morton, the chief whip, and her deputy, Craig Whittaker, were both reported to have left the government. However, after hours of confusion Downing Street released a statement confirming the two "remain in post".
