Chancellor Kwasi Kwarteng has tried to push past the chaos of the past few days that has seen the Government make a U-turn on its income tax plans - saying the market turmoil of recent days was just "a little turbulence".
Addressing the Conservatives' conference in Birmingham he accepted it had been a “tough” day and told party members to “focus on the task in hand”.
Monday's U-turn comes just over a week after the plan to scrap the 45% rate for earnings over £150,000 was announced in the mini-Budget. It has had to be scrapped to stave off a Tory revolt, in a move that will hit the authority of both Mr Kwarteng and new Prime Minister Liz Truss.
