A Tory coup is underway to oust Liz Truss following a meltdown in the polls and the financial markets.
Broadcaster Andrew Neil warned that the Tories are facing a certain “wipeout” in the next general election if Truss is still the Prime Minister.
Neil wrote in the Daily Mail, “So we are where we are. Which is not a good place for the country, the Tory Party or Liz Truss.
“As I’ve said, I suspect she will be gone sooner rather than later.
“That alone won’t give the Tories their fifth consecutive election victory but it could ameliorate their losses.”
Read more related news:
Liz Truss now odds-on to step down as Conservative leader this year following day of Chancellor chaos with Boris odds-on
Tory Party is in chaos and Truss has ‘damaged the brand’ broken ‘our economy’ and the Lib Dems call for General Election
Tories told they are ‘screwed’ and are planning a coup as Liz Truss warned she ‘has days’ to save her job
A source told the BBC over the sacking of Kwasi Kwarteng, “These are serious people.
“The PM will find it difficult to survive. People like Kwasi. He is friendly. He’s honest. Maybe a bit too honest. Maybe that’s his problem.”
During an eight minute press briefing on Friday Truss said at Downing Street that she is dismissing calls for her to resign and insisted I am “absolutely determined to see through what I have promised.”
She said, “It is clear that parts of our mini-budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change.
“We will do whatever is necessary to ensure debt is falling as a share of the economy in the medium term.”