Budget watchdog team leave emergency talks at No11 after just 45 minutes as they prepare forecast next week

A senior Conservative MP has said the OBR would demand a ‘rethink’ of Liz Truss and Kwasi Kwarteng’s tax plans after days of financial turmoil

The PM and Chancellor were warned they face ‘a very difficult conversation’ with the Office for Budget Responsibility ahead of the emergency talks.

Ms Truss and Mr Kwarteng will talk to the head of the Office of Budget Responsibility after defending their mini-budget plans yesterday. Read more: Truss fails to guarantee Brits' pensions are safe after Bank of England steps in to stop risk of funds collapsing Experts said the market collapse in recent days was partially caused by the lack of a forecast from the OBR. The committee had called for a forecast.

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