LIZ Truss's spokesman has suggested she could cut public spending after all despite the Prime Minister's "absolute" commitment during PMQs just a few hours ago.
As economists and the financial markets continued to question her plans, the Prime Minister said she was “absolutely” not planning public spending reductions. She insisted taxpayers’ money will be used well.
The cost of Government borrowing increased on Wednesday while sterling fell against the euro and dollar in the latest signs of market turbulence.
