London Daily

Focus on the big picture.
Wednesday, Mar 04, 2026

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

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.

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".

However, some Tory MPs have reportedly opened talks about how to remove her from power, despite current party rules preventing a formal leadership challenge for a year.

Tactics reportedly under consideration include submitting no-confidence letters in a bid to force party bosses into a rule change, or changing the rules to allow MPs to bypass party members and pick a new leader themselves.

On Sunday, three MPs in the party broke cover to become the first to call for Ms Truss to go since she sacked Mr Kwarteng.

Mr Hunt held talks with the prime minister at Chequers, her official country residence, on Sunday


The former minister Crispin Blunt was the first, telling Channel 4 that "the game is up and it's now a question as to how the succession is managed".

"If there is such a weight of opinion in the parliamentary party that we have to have a change then it will be effected."

Then later on Sunday, Andrew Bridgen became the second, telling the Daily Telegraph: "We cannot carry on like this. Our country, its people and our party deserve better."

And Jamie Wallis said Ms Truss had "undermined Britain's economic credibility and fractured our party irreparably".

A letter shared on Twitter said: "Enough is enough. I have written to [her] to ask her to stand down as she no longer holds the confidence of this country."

Earlier, senior backbencher Robert Halfon told Sky News that MPs across the party "are unhappy with what is going on", adding that "we're all talking to see what can be done about it".

He said he was not calling on Ms Truss to go, but called for a "dramatic reset" in the government's direction.

Sir Geoffrey Clifton-Brown, who sits on the 1922 Committee that organises Conservative leadership contests, confirmed it would be possible to change the rules that currently prevent another race.

But he told BBC Radio 4's Broadcasting House that doing so would require the support of a "large majority" of Conservative MPs - "probably sixty to seventy percent".

Former cabinet minister Nadine Dorries, a key ally of former leader Boris Johnson, warned "serial back-stabbers" against trying to depose Ms Truss.

"Our core supporters will not vote for a feuding party that throws its leaders overboard in every storm," she wrote in the Sunday Express. "She has had a rough start but we must give her the chance to put things right".


Biden weighs in


Meanwhile, in a further blow to the prime minister, US President Joe Biden has criticised tax cuts from her mini-budget.

In an unusual intervention, he told reporters during a campaign visit that the outcome was "predictable" and "I wasn't the only one that thought it was a mistake".

He added that he had disagreed with "the idea of cutting taxes on the super wealthy", but it was up to the UK to "make that judgment, not me".

In his BBC interview, Mr Hunt said every government department would be asked to make savings, ahead of the 31 October economic statement.

However, he insisted the changes would not be "anything like" the period of austerity which began in 2010, when predecessor George Osborne oversaw large cuts in public spending.

Asked who was running the government, he said "the prime minister's in charge", insisting she remained committed to boosting economic growth but had changed "the way we're going to get there".

"She's listened, she's changed, she's been willing to do that most difficult thing in politics which is to change tack," he added.

According to reports, Ms Truss is also preparing to delay by a year her 1p cut to the basic rate of income tax.

And Mr Hunt, who held talks with Ms Truss at her official Chequers country retreat, has not ruled out further U-turns as he seeks to restore UK economic credibility.

He warned of "difficult decisions both on spending and on tax," as he prepares to deliver an economic statement on 31 October to convince investors he has a plan to get debt under control.

Labour's shadow business secretary Jonathan Reynolds said any further public spending cuts would be entirely because of government "incompetence".

"I'm not even sure what this government's economic policy is at the moment. I don't know which bits of the budget still apply, and I don't know what we will hear next week," he told the BBC.


WATCH: Hard decisions ahead, says Jeremy Hunt

Watch: Joe Biden voices his disagreement to cutting taxes for the UK's "super wealthy"


Newsletter

Related Articles

0:00
0:00
Close
Trump Says UK–US ‘Special Relationship’ Is Diminished Amid Middle East Dispute
UK Economic Forecasts Face Fresh Strain from Middle East Conflict and Rising Energy Costs
UK Reaffirms Close US Ties After Trump’s Public Criticism
Reeves Stresses Stability and Fiscal Discipline in UK Budget Update as Growth Outlook Shifts
UK Deploys Royal Navy Destroyer HMS Dragon to Cyprus After Drone Strike on RAF Base
Green Party Surges Past Labour in New UK Poll as Traditional Party Support Crumbles
Majority of Britons Oppose U.S. Use of UK Military Bases in Iran Conflict
UK Intensifies Evacuation Efforts from Oman, Working with Airlines to Boost Flight Capacity
Trump Condemns UK and Spain in Unusually Sharp Rift Over Iran Military Action
Trump Repeats UK Claims That Diverge from Verified Facts Amid Diplomatic Strain
UK Arrests Prominent Figures Linked to Epstein Network as Questions Mount Over US Action
Trump Says UK ‘Took Far Too Long’ to Approve Use of Airbases for Iran Strikes
Scope of Britain’s Role in the Expanding Middle East Conflict Comes Under Scrutiny
Trump Says He Is ‘Very Disappointed’ in Starmer Over Iran Comments
U.S. Embassy in Riyadh Struck by Drones Amid Escalating Iran Conflict
Starmer Confronts Strategic Test After Drone Strike Near British Base in Cyprus
Rolls-Royce Chief Signals Openness to Germany Joining UK-Led Fighter Jet Programme
UK Stocks Slip as Escalating Iran Conflict Triggers Global Market Selloff
UK Overhauls Asylum System to Make Refugee Status Temporary
Starmer Warns of ‘Reckless’ Iranian Strikes Amid Escalating Regional Tensions
British Base in Cyprus Targeted as Drones Intercepted Amid Expanding Iran Conflict
Starmer Diverges from Trump on Iran Strategy, Rejects ‘Regime Change from the Skies’
U.S. and Israel Intensify Strikes on Iran as Conflict Expands to Lebanon and Gulf States
Violent Pro-Iranian Protesters Storm U.S. Consulate in Karachi
Missile Debris Sparks Fires at Dubai’s Jebel Ali Port Near Palm Jumeirah
Iran Strikes U.S. Fifth Fleet Headquarters in Bahrain Amid Wider Gulf Retaliation
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Bill Clinton Denies Knowing Woman in Hot Tub Photo During Closed-Door Epstein Deposition
Former U.S. President Bill Clinton Testifies on Ties to Jeffrey Epstein Before Congressional Oversight Committee
Dyson Reaches Settlement in Landmark UK Forced Labour Case
Barclays and Jefferies Shares Fall After UK Mortgage Lender Collapse Rekindles Credit Market Concerns
Play Exploring Donald Trump’s Rise to Power by ‘Lehman Trilogy’ Author to Premiere in the UK
Man Arrested After Churchill Statue Defaced in Central London
Keir Starmer Faces Political Setback as Labour Finishes Third in High-Profile By-Election
UK Assisted Dying Bill Set to Fall Short in Parliament as Regional Initiatives Gain Ground
UK Defence Ministry Clarifies Position After Reports of Imminent Helicopter Contract
Independent Left-Wing Plumber Secures Shock Victory as Greens Surge in UK By-Election
Reform UK Refers Alleged ‘Family Voting’ Incidents in By-Election to Police
United Kingdom Temporarily Withdraws Embassy Staff from Iran Amid Heightened Regional Tensions
UK Government Reaches Framework Agreement on Release of Mandelson Vetting Files
UK Police Contracts With Israeli Surveillance Firms Spark Debate Over Ethics and Oversight
United Airlines Passenger Hears Cockpit Conversations After Accessing In-Flight Audio Channel
Spain to Conduct Border Checks on Gibraltar Arrivals Under New Post-Brexit Framework
Engie Shares Jump After $14 Billion Agreement to Acquire UK Power Grid Assets
BNP Paribas Overtakes Goldman Sachs in UK Investment Banking League Tables
Geothermal Project to Power Ten Thousand Homes Marks UK Renewable Energy Milestone
UK Visa Grants Drop Nineteen Percent in 2025 as Migration Controls Tighten
Barclays and Jefferies Among Banks Exposed to Collapse of UK Mortgage Lender MFS
UK Asylum Applications Edge Down in 2025 Despite Rise in Small Boat Crossings
Jefferies Reports Significant Exposure After Collapse of UK Lender MFS
×