Kwasi Kwarteng delivered his address to the Tory conference after a bruising day in which he U-turned on his plan to cut tax for high earners. He admitted his economic plan had caused “a little turbulence” and that it had been a “tough day”.
Much of the response inside the hall where the chancellor was delivering his speech appeared muted – with one of the loudest cheers reserved for repealing EU laws – and media commentators were left underwhelmed by one of the shortest conference speeches delivered by a chancellor in modern times.