A top Tory today warned that Chancellor Kwasi Kwarteng is likely to make another humiliating U-turn over his disastrous tax cuts - as Labour labels the government "pyromaniacs".
Mel Stride, who chairs the influential Treasury Select Committee, says he is among those who expects Mr Kwarteng will have to row back further when he announces full financial plans on October 31.
But the government today said it has no intention of U-turning again - having already scrapped a proposal to cut the tax rate for the UK's highest earners following a Conservative mutiny.
