Liz Truss has apologised for her "mistakes" and pledged to lead the Tories into the next general election as she fought for her job after a bonfire of her tax-cutting plans.
The Prime Minister said she has "adjusted what we're doing" after the Government's fiscal policies spooked the markets, putting in place a new Chancellor with a fresh strategy to "restore economic stability".
"I do think it is the mark of an honest politician who does say, yes, I've made a mistake," she said.