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Liz Truss to hold press conference amid calls for mini-budget U-turn

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.

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