Liz Truss was under fire from her own MPs as they demanded more u-turns on her tax-slashing agenda, after she ruled out spending cuts to balance the books.
The Prime Minister’s leadership was in renewed peril as she was accused of “trashing the last 10 years” of the Conservative’s record at a bruising meeting with backbenchers.
MPs piled pressure on her to restore market confidence in her government, with reports suggesting she is facing mounting calls to reverse or delay her plan to cancel a rise in corporation tax from 19% to 25%, due in April.
