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The National (Scotland)
The National (Scotland)
National
Xander Elliards

'They have to go': Tory MPs round on Liz Truss as UK economy plunges into crisis

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.

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