Changing PM a 'disastrously bad idea', James Cleverly says - live updates - The Telegraph

1. Changing PM a 'disastrously bad idea', James Cleverly says - live updates  The Telegraph
2. Changing PM would be disastrously bad idea, says foreign secretary  BBC
3. Foreign Secretary James Cleverly refuses to commit to mini-budget tax cuts ahead of chancellor Kwasi Kwarteng's financial statement  Sky News
4. Downing Street denies there will be further U-turns over mini-budget after minister warns against removing Liz Truss - live  The Guardian
5. Liz Truss news – live: Tax cuts critics told to ‘shut up’ amid backbench Tory anger  The Independent
6. View Full coverage on Google News

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'Market forces' may force Liz Truss into tax U-turn, suggests Priti Patel 

13 October 2022 • 7:22pm

Liz Truss and Kwasi Kwarteng may be bounced into a U-turn on corporation tax by "market forces", Priti Patel suggested this evening.

In her first broadcast interview since leaving the Cabinet last month, Ms Patel said the final decision would be determined by "crucial levers".

"There's an irony to this, which is market forces will probably dictate some of these changes now," the former home secretary told Sky News.

"Primarily because, you know, we want to see stability. Stability is absolutely crucial for everyone to carry on living their lives and institutions to function, but actually for the British people to have the, you know, stability that they need in their lives as well."

Ms Patel also urged the party to "unite" behind Ms Truss but insisted the beleaguered leader must stick to Boris Johnson's 2019 general election manifesto.

Earlier today the Sun newspaper reported the Prime Minister would end up raisign corporation tax, going against her leadership promises, but Downing Street sources have denied these claims to the Telegraph.

That's all for tonight...

With the Chancellor out of the country and the Prime Minister out of the glare of the public, the early signs of another Tory rebellion against Liz Truss and Kwasi Kwarteng were there.

The Chancellor insisted he would still be in his job this time next month as he met with the IMF, while Downing Street doubled down on its pledge there would not be any further U-turns.

Some Tory MPs are openly agitating for more of the measures in Mr Kwarteng's mini-Budget last month to be reversed, while others say Ms Truss's premiership should be "coming to an end".

As Big Ben bonged once again at Westminster, a handful of disaffected backbenchers are hoping the bell will soon toll for Ms Truss - but only time will tell if she can overcome the difficulties of her first six weeks in office.

My colleague Jack Maidment will be back early tomorrow with Friday's live blog.

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