The SNP has demanded that Kwasi Kwarteng resigns as Chancellor following reports the UK Government will not raise benefits in line with inflation.
Ian Blackford, the party's Westminster leader, claimed that Tory economic policies would leave "millions of families across the UK in deep distress". Kwarteng and Liz Truss announced a mini-budget last week which promised tax cuts for the richest funded by a massive rise in government borrowing.
It spooked the international financial markets and saw the value of the pound crash to a 40-year low against the dollar. The Chancellor is now reportedly preparing to reassure investors by announcing a dramatic reduction in government spending.
