It appears that schemes are afoot among the UK’s senior Conservative party leaders to try and find a way out of the mess that Liz Truss has created.
Senior Conservatives will this week hold talks on a “rescue mission” that would see the swift removal of Liz Truss as leader, after the new chancellor Jeremy Hunt dramatically tore up her economic package and signalled a new era of austerity.
A group of senior MPs will meet on Monday to discuss the prime minister’s future, with some wanting her to resign within days and others saying she is now “in office but not in control”. Some are threatening to publicly call on Truss to stand down after the implosion of her tax-cutting programme.
In a rearguard action to prop up the prime minister, her cabinet allies tonight warned MPs they would precipitate an election and ensure the Tories were “finished as a party” if they toppled a second leader in just a few months.
However, support for Truss is also evaporating inside the cabinet, with members keeping in close touch with her critics. “She is in the departure lounge now and she knows that,” said a former minister. “It is a case now of whether she takes part in the process and goes to some extent on her own terms, or whether she tries to resist and is forced out.”
It must be remembered that this was an entirely self-inflicted wound. Truss squandered the political capital any new leader comes in with by acting rashly. Truss still has her allies and she has options to try and preserve her position but that might lead to an ugly intra-party war fought in public.
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