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The Guardian - UK
The Guardian - UK
Politics
Pippa Crerar and Jessica Elgot

Tory MPs tell Truss: sack Kwarteng or face mutiny

Kwasi Kwarteng Liz Truss Bank of England Sky News
British prime minister Liz Truss and chancellor Kwasi Kwarteng visit Berkeley Modular, in Northfleet.
Liz Truss visits a business in Kent with Kwasi Kwarteng. One MP said: ‘Kwasi will have to go. She won’t have any option.’ Photograph: Dylan Martinez/Reuters

Liz Truss is facing growing pressure from jittery Conservative MPs to sack Kwasi Kwarteng or face a mutiny after the Bank of England’s emergency intervention to address the turmoil in the financial markets.

The move prompted comparisons to 1992’s Black Wednesday, when the UK was ignominiously ejected from the European exchange rate mechanism.

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