LIZ Truss’s days as Prime Minister could be numbered less than a month after she entered No 10 – with a rebellion brewing among Tory MPs as the UK plummets into economic crisis.
The crisis was sparked after Truss’s new Chancellor, Kwasi Kwarteng, announced a slew of tax cuts for the rich, funded by increased government borrowing, in a “mini-budget” on Friday.
The backlash has been severe, with the pound crashing to record lows and extraordinary interventions from the Bank of England, the International Monetary Fund, and global credit ratings agency Moody’s.