News > Truss warns Tories not to retreat to ‘status quo'

Truss warns Tories not to retreat to ‘status quo'

The PM is launching the gathering in Birmingham in opposition to the backdrop of the Pound’s plunge and a surge in borrowing prices following Kwasi Kwarteng’s tax-cutting emergency Funds.

The Chancellor has urged that in ‘hindsight’ he would have completed issues differently, with the shortage of unbiased OBR costings and a plan for managing debt spooking merchants.