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17 October 2022

How long can Liz Truss survive?

The Prime Minister’s position is ever more fragile but Tory MPs have yet to unite around a candidate to replace her.

By Rachel Wearmouth

The question swirling around Westminster today is not whether Liz Truss can survive in Downing Street, but whether her premiership will last the week.

All signs suggest mutinous MPs are preparing to strike. The beleaguered Prime Minister will today meet with her cabinet, and her new Chancellor, Jeremy Hunt, will make a snap statement in the House of Commons. Hunt is expected to bring forward measures from the medium-term fiscal plan in a bid to calm the markets. The long-awaited forecast from the independent Office for Budget Responsibility will be published on 31 October.

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