Truss admits mistakes over mini-budget but stands by tax-cutting package

Liz Truss arrives in Birmingham ahead of the annual Conservative Party conference Image: Aaron Chown/PA Liz Truss arrives in Birmingham ahead of the annual Conservative Party conference Image: Aaron Chown/PA Updated 21 minutes ago

She arrived in Birmingham for the start of the annual Conservative Party conference as another opinion poll showed Labour with a big lead over the Tories. During the interview, Truss made Kwarteng own the controversial decision, saying it was not discussed with the wider Cabinet.With some Tory MPs speculating that she might not last the until the end of the year, Labour leader Keir Starmer sought to seize on the discontent in the Conservative ranks, urging rebels to work with Labour to defeat the Government’s tax plans in the Commons.

“Change is always something that people might find worrying. But what I’m fundamentally saying is we do have to change, and the status quo isn’t an option,” she said.Kwarteng admitted he been taken aback by the reaction of the financial markets to his mini-budget.He told The Mail on Sunday that it had been put together at “very high speed” because of the need to support people with their energy bills, but that he was “100% convinced” it was the right plan.

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