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Conservative Party MPs are furiously lashing out at Liz Truss and Kwasi Kwarteng over the huge £45billion package of tax cuts made in last week’s ‘mini budget’ that has seen Labour take a huge lead in one major poll. Julian Smith took to Twitter to call on the Government to “take responsibility” for the link between the mini-budget and the impact on millions of Britons’ mortgages. He also wants the Government to “make clear that it will do everything possible to stabilise markets and protect public services”.
Mr Smith wrote: “The Government must scrap 45p, take responsibility for the link between last Friday and the impact on peoples mortgages and make clear that it will do everything possible to stabilise markets & protect public services.”
Fellow Tory MP George Freeman also took to Twitter to share a tweet from Election Maps UK that said the Conservative’s polling average has fallen below 30 percent for the first time since the aftermath of the 2019 EU elections.
He wrote alongside this: “This is now a serious crisis with a lot at stake. “A time for cool heads & calm leadership.
“The economic package of borrowing & tax cuts announced last week clearly can’t command market or voter confidence. The Cabinet must meet fast to agree with PM & CX a Plan B which can hold.”
Earlier this morning, The Times Political Editor Steven Swinford posted a number of tweets claiming there has been “unhappiness” expressed on Tory WhatsApp groups, with concerns raised over the £45billion package of tax cuts.
He claimed one current MP and a former minister have questioned where Ms Truss and Mr Kwarteng have been since last week’s mini-budget, with another MP only giving the Tories a three percent chance of winning the next general election.
Mr Swinford tweeted: “Cabinet ministers privately raising concerns about Kwasi Kwarteng’s £45billion package of cuts. They believe she got the timing wrong by announcing such an enormous package of tax cuts at a time of soaring inflation
“There’s unhappiness on Tory WhatsApp groups. Paul Holmes, who was elected in 2019, asked yesterday: ‘Where on earth is the PM and chancellor to reassure people?’ Steve Brine, former minister, said they’ve gone ‘totally AWOL’
“One Tory MP put the Conservative Party’s chances of winning the next election at three percent. Another said they were genuinely depressed. There is *a lot* of unhappiness out there.”
THIS IS A BREAKING STORY. MORE TO FOLLOW…
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