Chancellor Jeremy Hunt has insisted Liz Truss is still in charge of the government, after a series of U-turns left her premiership in jeopardy.

Some Tory backbenchers have been talking privately about how to remove the Prime Minister, after market turmoil led her to abandon her flagship tax policies.

Mr Hunt urged the party to unite behind her, as the pair held crunch talks to thrash out plans on tax and spending.

But three Tory Members of Parliament have since broken cover and called for Ms Truss to go.

Mr Hunt replaced Kwasi Kwarteng on Friday, after the former chancellor was fired following financial turbulence in the wake of last month’s mini-budget and a backlash from a number of Members of Parliament in his party.

A key test of the government’s moves so far will come when markets reopen early on Monday, with ministers facing a nervous wait to see if the rise in U.K government debt costs over recent weeks continues.

Yesterday, three MPs in the party broke cover to become the first to call for Ms Truss to go since she sacked Mr Kwarteng.

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