Kwarteng vows to curb spending but doubles down on mini budget despite days of market turmoil

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Kwarteng vows to curb spending but doubles down on mini budget despite days of market turmoil
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Kwasi Kwarteng has promised to bring government spending under control after a week of financial turmoil sparked by his mini budget

He went on to say the government's next statement - a "medium-term fiscal plan" on November 23 - will include a "commitment to spending discipline".It comes after

Although the government has a healthy majority, it would only take around 35 Conservative MPs to put any legislative proposals at risk.'Stupendously out of touch': Govt savaged after saying £30k worker could buy terraced home in LondonThe government will try and ensure some elements do not go to a parliamentary vote, but that will not be possible for everything.

MPs may argue that they are not bound by elements, like the 45p rate, which were not included in the Conservative 2019 manifesto.On Friday the Prime Minister and the Chancellor met the Office of Budget Responsibility for emergency talks after their mini budget spooked the markets.Ms Truss and Mr Kwarteng are expected to release the UK's financial forecast within days.

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