Liz Truss has apologised for 'mistakes' in her programme that caused investor confidence to evaporate and her poll ratings to plunge before nearly all of it was finally shredded on Monday by her new chancellor, Jeremy Hunt, but said she would not step down.
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The prime minister and her former chancellor, Kwasi Kwarteng, attempted to upend British fiscal policy by unveiling £45bn of unfunded tax cuts last month to snap the economy out of stagnation.

Jeremy Hunt shreds Truss’s economic plans in astounding U-turn on tax ► https://www.theguardian.com/politics/2022/oct/17/new-chancellor-shreds-pms-economic-plans-in-unprecedented-u-turn

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