Liz Truss has apologised for her “mistakes” and pledged to lead the Tories into the next general election as she fought for her job after a bonfire of her tax-cutting plans.
The Prime Minister said she has “adjusted what we’re doing” after the Government’s fiscal policies spooked the markets, putting in place a new Chancellor with a fresh strategy to “restore economic stability”. She said: “I do think it is the mark of an honest politician who does say, yes, I’ve made a mistake.”
Labour accused the Tories of sparking a crisis paid for by working people, and insisted “no sorry” could change that. The Prime Minister is battling to save her premiership after her economic agenda was left in tatters by the dismantling of her former chancellor’s landmark mini-budget.