Fact-checking Liz Truss at PMQs

Liz Truss apologised and admitted to having "made mistakes" arsenic she faced MPs astatine Prime Minister's Questions. It follows the weeks of turmoil connected the markets aft her government's mini-budget and the consequent U-turns implicit astir of its cardinal measures.

The premier curate defended her grounds though, making claims astir authorities enactment connected vigor bills, the system and the NHS.

Ms Truss has utilized this fig repeatedly since announcing the Energy Price Guarantee, but the duration of this enactment strategy has present been scaled backmost meaning the fig is nary longer certain.

A authorities property merchandise connected this day said: "From 1st October, a caller 'Energy Price Guarantee' volition mean a emblematic UK household volition present wage up to an mean £2,500 a twelvemonth connected their vigor measure for the adjacent 2 years."

But connected 17 October, Chancellor Jeremy Hunt said the strategy would beryllium scaled back, to six months (with a reappraisal to determine what enactment to connection aft that).

The headdress volition present lone screen prices up to April 2023 and, astatine the moment, we bash not cognize however overmuch radical volition beryllium paying per portion of vigor aft that.

So the authorities needs a caller calculation for emblematic bills. Until they travel up with one, they can't accidental with immoderate certainty that the emblematic household won't beryllium paying much than £2,500.

Therese Coffey has announced a program for patients, with measures connected backlogs and waiting times.

But the pandemic didn't make the NHS backlog, it already existed. Covid-19 made it worse.

As of August 2022, the NHS backlog - the fig of radical waiting for specializer NHS attraction - stood astatine astir 7 million.

According to the British Medical Association (BMA), "demand for infirmary attraction was outstripping capableness adjacent earlier the pandemic".

Its figures show that conscionable earlier the pandemic successful February 2020, the NHS backlog already stood astatine 4.43 cardinal people.

NHS rules authorities that patients needing non-urgent attraction should not hold immoderate longer than 18 weeks to beryllium seen by a healthcare professional.

Prior to the pandemic, figures amusement that 17% of radical were waiting longer than this time, compared with 36% of radical successful December 2021.

The premier curate said this aft being accused by Labour of "crashing the economy" and causing people's monthly owe payments to spell up by hundreds of pounds.

But she didn't notation the mini-budget.

Interest rates person been rising astir the satellite and determination are gloomy forecasts astir the satellite system from organisations specified arsenic the International Monetary Fund (IMF).

But her government's mini-budget of 23 September - with its £45bn of unfunded taxation cuts - besides had a important interaction connected the UK.

In a missive yesterday, Bank of England lawman politician Jon Cunliffe said: "there has been a peculiar summation successful volatility successful UK markets" and pointed retired that: "the 5 largest regular moves successful the 30 twelvemonth inflation-linked gilt, successful information that dates backmost to 2000, person each been since the 23 September".

You tin spot that successful this illustration of borrowing costs for G7 countries. It shows the increases successful authorities borrowing costs since 1 September, the spike aft the 'fiscal event' oregon mini-budget and the outgo coming backmost down arsenic measures were reversed.

These borrowing costs person fed into things similar higher owe rates for homebuyers and had an adverse interaction connected the pensions assemblage which forced the Bank of England to measurement successful with a £65bn enactment scheme.

We've looked successful much item astatine however acold the mini-budget caused the ensuing marketplace chaos successful this piece.