Stay updated with breaking news from Plug on the uk. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
hello and welcome. prime minister liz truss will try to save her leadership this week as three conservative mps publicly call for her resignation. it comes as all eyes are on the markets this morning after the appointment of new chancellorjeremy hunt on friday. our political correspondent ben wright reports. fighting for her political survival, today she will try and show she is listening. as the chancellor works in the new government budget the prime minister will hold a reception for her cabinet this evening to hear their views about what should go into it. tax rises and spending cuts are clearly in the mix, and the plan will be presented to parliament in a fortnight. the prime minister has very little time to convince financial markets and her party that she has a plan for restoring stability. but some tory mps are run out of patience and are calling for liz truss to go. can liz truss survive? no, i think the game is up and know it isjust no, i think the game is up a ....
let s start here in the uk where the new chancellor has been holding crunch talks with the prime minister on sunday to thrash out plans on tax and spending. jeremy hunt says his focus is on growth underpinned by stability. the value of the pound has gone up against the dollar in early trading today in asia. we will look at the market numbers in a moment because the new chancellor has the tough task of restoring economic credibility in the financial markets. our international trade correspondent dharshini david explains some of the tough challenges he faces. as international trading resumed for the first time after the chancellor wrapped up an economic strategy launched just one month ago, but his version, will it reassure other financial markets? let s look at those challenges, because this is the cost of new government borrowing, as dictated by the bond markets, which also impact mortgage rates. that rate remained high on friday then it was prior to september s mini bu ....