The International Monetary Fund has welcomed the reversal of much of the mini-budget, saying the government's new approach will "better align fiscal and monetary policy in the fight against inflation" It has been another day of intense pressure over the PM's future and Starmer says the government's credibility is "shot through" Labour leader Keir Starmer called for a general election if the Tories change their leader again. He's currently preparing tax hikes and spending reductions to plug a black hole in the government's finances worth tens of billions New Chancellor Jeremy Hunt used this morning’s cabinet meeting to tell ministers about the scale of spending cuts which are coming
Truss has also said she's no longer promising to raise state pensions in line with surging inflation, as she asked ministers to look for spending cuts The prime minister met the European Research Group (ERG)of Conservative MPs in Parliament this evening and has committed to increasing defence spending to 3% of GDP by 2030
Let's take a look at the main headlines on a day where Prime Minister Liz Truss has battled to regain authority amid the fallout over the government's major mini-budget U-turn. EPA Copyright: EPA Cabinet ministers met this morning to discuss spending cuts Image caption: Cabinet ministers met this morning to discuss spending cuts
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