Liz Truss has sacked Chancellor Kwasi Kwarteng after his disastrous mini Budget in a bid to save her premiership little more than a month after becoming Prime Minister.
Mr Kwarteng was seen going into Downing Street at around midday after rushing back from Washington a day early.
Trade minister Greg Hands told Nick Ferrari on LBC on Friday that "the government and the prime minister are absolutely determined to stick to the growth plan, to stick to the changes they outlined.The government has not yet confirmed a time for the press conference, but the Telegraph reported it is taking place at 2pm.
But despite the market turmoil and reports of u-turns, Mr Kwarteng is "totally" safe in his position as chancellor of the exchequer, Mr Hands said. And the trade minister added that he did not "recognise" reports that senior Conservative MPs were planning to install Penny Mordaunt and Mr Sunak to replace Ms Truss and Mr Kwarteng.
Despite Mr Kwarteng and Mr Hands' insistences that nothing is set to change, discussions are believed to be under way to replace Ms Truss with a "unity candidate".
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