'We must stay the course': Kwarteng stands firm on tax cuts despite threat of Tory rebellion

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'We must stay the course': Kwarteng stands firm on tax cuts despite threat of Tory rebellion
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Chancellor Kwasi Kwarteng is set to stand firm on tax cuts despite the looming threat of a Tory rebellion

However, the move has led to growing concerns of a Tory rebellion.

Meanwhile, former Transport Secretary Grant Shapps has warned Ms Truss not to have a "tin ear" to voters' concerns about rising living costs and to do a U-turn as soon as possible. Setting out his "new economic deal" he will attempt to convince lenders that he has a plan to manage the Government's debt with an "iron-clad commitment to fiscal discipline".

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