Liz Truss will hold a press conference later today where she is expected to backtrack on some her key tax pledges.
Frantic discussions have been underway in Downing Street over whether to row back on the Government’s tax cut plan. There is also speculation that she could be prepared to sack the Chancellor, after just over a month in the job, in an attempt to save her own premiership. “This is a Government in meltdown and an economic policy in tatters and frankly I think the Conservative Party should be hanging their head in shame at what it’s putting the country through. This is about people’s livelihoods, people’s homes, people’s mortgages,” he told Sky News.
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