Latest updates: No 10 signals 2019 manifesto pledge is up for negotiation as PM says she is prioritising economic stability
Liam Fox, the Tory former international trade secretary, told Sky News this morning that Liz Truss’s future would partly depend on whether the financial markets settle down following the latest mini-budget U-turns. He said:
We can all read the polls and I don’t need to tell you what the atmosphere is like at Westminster. People will be weighing up what the prime minister said last night – that she had made mistakes, that she learned from those, and that the measures that Jeremy Hunt had put in place seemed to be providing the necessary economic stability in the markets.
If the markets don’t believe that a Conservative government is able to manage public finances sensibly then that government has had it.