Liz Truss still in charge despite U-turns, says Jeremy Hunt

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Liz Truss still in charge despite U-turns, says Jeremy Hunt

Chancellor Jeremy Hunt has insisted Liz Truss is still in charge of the government, after a series of U-turns left her premiership in jeopardy.

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Some Tory backbenchers have been talking privately about how to remove the PM, after market turmoil led her to abandon her flagship tax policies.

Mr Hunt urged the party to unite behind her, as the pair held crunch talks to thrash out plans on tax and spending.

But three Tory MPs have since broken cover and called for Ms Truss to go.

Mr Hunt replaced Kwasi Kwarteng on Friday, after the former chancellor was fired following financial turbulence in the wake of last month's mini-budget and a backlash from a number of MPs in his party.

A key test of the government's moves so far will come when markets reopen early on Monday, with ministers facing a nervous wait to see if the rise in UK government debt costs over recent weeks continues.

Measures already jettisoned from the £45bn package of unfunded tax cuts announced last month include scrapping the top income tax rate, and a freeze in corporation tax.

Despite overseeing a dramatic change in Ms Truss's flagship policy, Mr Hunt insisted that "the prime minister's in charge"and denied media speculation that he has become the most powerful member of government.

"She's listened. She's changed. She's been willing to do that most difficult thing in politics, which is to change tack," he said in an interview with the BBC's Laura Kuenssberg.

Mr Hunt also ruled himself out of any future leadership contest, saying his desire to lead the party had been "clinically excised" after two previous failed attempts.

Instead, he urged Conservative MPs to come together and back Ms Truss, noting that the "worst thing would be another protracted leadership campaign".