On Friday the 7th, Kwasi Kwarteng was informed by the Office for Budget Responsibility that the mini-Budget of Liz Truss and himself had produced a £72 billion hole in the public finances. Meanwhile, Conor Burns was removed by Truss as a trade minister over claims of poor behaviour at the Party Conference. Rishi Sunak supporter Greg Hands was named in his place.
On Saturday the 8th a collection of senior party volunteers wrote an unprecedented letter to The Daily Telegraph, urging MPs to “stop infighting, unite behind the PM, and focus on delivering for this country and taking on the Labour Party”. Meanwhile, the Treasury asked departments to begin modelling cuts of up to 10 per cent of their budgets.
With acknowledgments to Harry Cole and James Heale‘s Out of the Blue: the Inside Story of the Unexpected Rise and Rapid Fall of Liz Truss