UK Conservative MPs Warned Against Trying to Oust Truss as Prime Minister

Prime Minister Liz Truss during a press conference in the briefing room at Downing Street, London, on Oct. 14, 2022. Daniel Leal/PA Media

The UK’s new Chancellor of the Exchequer, Jeremy Hunt, has warned his Conservative colleagues against trying to oust Prime Minister Liz Truss from office.

Truss became prime minister on Sept. 5, but her position has been weakened after her “mini-budget,” which included £45 billion of unfunded tax cuts, spooked the financial markets, causing the pound to fall and borrowing costs to soar.