The PM is set to hold a press conference, amid speculation Kwasi Kwarteng will go as chancellor.
Prime Minister Liz Truss will give a press conference after days of market and political turmoilPrime Minister Liz Truss will hold a press conference later, amid speculation she is going to announce a U-turn on plans to cut business taxes.The chancellor will not be at the prime minister's side when she makes her statement in Downing Street.A Downing Street source told the BBC they were not commenting on a Times report which said the chancellor was due to be sacked.
Ms Truss has already U-turned on her plan to scrap the top rate of income tax and some Tory MPs believe another change of course is inevitable. A further U-turn is likely to seen as a blow to Ms Truss's political authority only 39 days after she became prime minister.
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