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Evening Standard
Evening Standard
World
Miriam Burrell,Nicholas Cecil and Lydia Chantler-Hicks

London politics LIVE: Treasury minister says ‘we’ll press on with tax cuts’ as Tory backlash grows amid markets turmoil

Liz Truss was standing by Chancellor Kwasi Kwarteng on Wednesday as a Treasury minister rejected calls for the government to abandon last week’s mini-Budget, despite a growing Tory revolt and turmoil in financial markets.

A Downing Street spokesman said the Prime Minister and Chancellor “are working on the supply side reforms needed to grow the economy which will be announced in the coming weeks”.

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