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liz truss insists she s the right person to stay in number ten, but labour say the government is in meltdown. well, this is a tory crisis created a downing street but being paid for by ordinary working people. welcome to downing street, where, less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as chancellor, he has gone sacked by liz truss after he flew back early from washington for crisis talks. three weeks of turmoil on the financial markets has culminated in the prime minister announcing a second major u turn on her economic plans for growth corporation tax will now rise in april after all. she has sacked the chancellor and named a new one jeremy hunt the fourth this year. at a very short press conference this afternoon, liz truss was repeatedly asked about her credibility as prime minister and why she was remaining in the job. let s take a listen to what she had to say. we have seenjeremy hunt come in and out of number ten. that was just ....
thanks. torsten bell, from the think tank the resolution foundation, joins us now. i , from what you have heard and seen today with the prime minister ditching her chancellor, kwasi kwarteng, pointing jeremy hunt, who comes from a different part of the conservative party, more centrist tradition, is that going to be enough to bring financial and political calm? taste enough to bring financial and political calm? enough to bring financial and political calm? enough to bring financial and oliticalcalm? . ., , ., political calm? we all got used to confusin: political calm? we all got used to confusing economic political calm? we all got used to confusing economic times - political calm? we all got used to confusing economic times but - political calm? we all got used toi confusing economic times but the last month has definitely been the most last month has definitely been the most chaotic economic policy making i most chaotic economic policy making i have most chao ....
there were the strong personalities within downing street and the strong personalities that went on to dominate and the toxicity within the whole decision making process at the time. he didn t defend that, per se, but he did note some kind of defence about how the strong personalities were needed and it is not surprising they were there at the time because it is those people that i got the government to where it was in the first place. he government to where it was in the first lace. . ~ government to where it was in the first place- government to where it was in the first lace. ., ~ ., , ., first place. he talked about his own decision making first place. he talked about his own decision making process first place. he talked about his own decision making process and - first place. he talked about his own decision making process and how . first place. he talked about his own i decision making process and how that was influenced by people outside government and he c ....
the last couple of days, rather unfortunate for the home office, with a member ofjames unfortunate for the home office, with a member of james cleverly s tim s overheard saying something rather rude. there is a recording made of a minister saying that the wonder policy is clap and you get hold of it. ,., . , , policy is clap and you get hold of it. there is no doubt at all that when those flights take off it will send such a short roof across the channel i think belting story. going to try to get this question into the going to try to get this question into the centre of the campaign. it is worth into the centre of the campaign. it is worth seeing, the comments probably is worth seeing, the comments probably aren t quite as disloyal as the use probably aren t quite as disloyal as the use of probably aren t quite as disloyal as the use of the word clap at the start the use of the word clap at the start of the use of the word clap at the start of the cup might ma ....
so we will be talking about that on today s newscast, and all the other news. and henry is with us, too. newscast, from the bbc. hello, it s patty in the studio. and it s laura in the studio. and it s henry in the studio. it is very nice to have you with us. so, there is a scoop. which is, a recording made of a minister saying that the rwanda policy is crap. and, laura, you have got a hold of it. idid. shall we listen to it before we discuss? .has anyone got their cameras on? the policy is crap. 0k? it is. but it is not about policy, i it is about the effect of the policy. there is second and third order effects, and australia, for- example, their policy had a devastating effect. - there is no doubt atj all, when those first flights take off, it will send shock wave across the channel. - oh, dear. so, henry, as a political hat, when you hear that, what do you think? i think belting story, i think that it is extremely embarrassing for the conservative party, especially o ....