Chancellor Kwasi Kwarteng has flown back to London for crisis talks after cutting short a visit to the US.
14 October 2022
Prime Minister Liz Truss is to hold a press conference amid speculation of a major U-turn on Chancellor Kwasi Kwarteng’s mini-budget.
Mr Kwarteng flew back to London on Friday for crisis talks after cutting short a visit to the International Monetary Fund’s annual meeting in Washington.
It follows days of turmoil in the markets amid concerns about the impact of his £43 billion tax giveaway on the public finances.