Latest updates: prime minister’s future hangs by thread as senior Tories say she is ‘in office but not in control’
Senior Conservatives have welcomed Jeremy Hunt’s arrival as chancellor, saying he had effectively “taken over” running the government from Liz Truss after he unceremoniously dumped her tax-cutting agenda on his first day in office.
One senior Conservative MP said it was a huge relief to have someone in charge at the Treasury who was able to admit to recent mistakes and had made it his mission to restore the government’s credibility with the markets. “It is just so good to have a grownup in the room, someone who commands respect and who has experience after this period of utter madness.”
The Government seemed completely out of touch. I think they’re just taking people for granted. And let’s hope we get a Budget that improves things, but I’m afraid I feel a lot of the damage has already been done.
