Prime Minister Liz Truss is to hold a press conference today amid speculation of a major U-turn on Kwasi Kwarteng's mini-budget.
The Chancellor flew back to London on Friday for crisis talks after cutting short a visit to the International Monetary Fund's annual meeting in Washington. It follows days of turmoil in the markets amid concerns about the impact of his £43b tax giveaway on the public finances.
Now Downing Street has announced the Prime Minister will hold a press conference later today. It is not yet known if Mr Kwarteng will be present at the briefing.
