Prime Minister Liz Truss has said she stands by the package of measures announced in the mini budget but admitted she could have “laid the ground” better about the plans which triggered market turmoil.
She has also confirmed the decision to scrap the top rate of income tax for the nation’s highest earners was made by Kwasi Kwarteng rather than being agreed by the wider Cabinet.
Asked if she discussed the controversial move with the whole Cabinet, the Prime Minister told Sunday With Laura Kuenssberg on BBC One: “No, no we didn’t. It was a decision the Chancellor made.”
