I'll lead Tories into next election, says embattled Liz Truss - BBC

Liz Truss has insisted she volition pb the Tories into the adjacent wide election, contempt U-turns leaving her battling to salvage her authority.

The PM apologised for making mistakes, aft the caller chancellor Jeremy Hunt junked astir each of her tax-cutting plans to stabilise marketplace turmoil.

She added her month-old premiership "hasn't been perfect," but she had "fixed" mistakes.

And she said it would person been "irresponsible" not to alteration course.

In an interrogation with the BBC, she said she was inactive committed to boosting UK economical growth, but acknowledged it would present instrumentality longer to achieve.

"I stay committed to the vision, but we volition person to present that successful a antithetic way," she said.

It comes aft a melodramatic time astatine Westminster, aft Mr Hunt announced astir each the taxation cuts announced astatine past month's mini-budget would beryllium scrapped.

The determination been welcomed by investors, but has near Ms Truss's economical docket successful tatters lone weeks into her clip successful No 10.

Liz Truss told the BBC's Chris Mason she was "sorry for the mistakes that person been made".

In her interview, Ms Truss said she accepted work for going "too far, excessively fast" - and she wanted to "say atrocious for the mistakes that person been made".

She added she remained committed to a "low tax, precocious maturation economy" - but preserving economical stableness was present the "priority".

"I bash deliberation it is the people of an honorable person who does accidental 'yes, I've made a mistake. I've addressed that mistake. And present we request to present for people'.

"It would person been wholly irresponsible for maine not to enactment successful the nationalist involvement successful the mode I have."

Earlier, Ms Truss watched connected arsenic Mr Hunt delivered a Commons connection to explicate to MPs wherefore the economical strategy, outlined past period by Kwasi Kwarteng, was being torn up.

The chancellor warned "decisions of eye-watering difficulty" connected taxation and spending stay up of an economical connection connected 31 October, erstwhile helium volition springiness further details of a program to trim the UK's indebtedness burden.

He said further windfall taxes connected vigor companies - a argumentation repeatedly rubbished by Ms Truss during her Tory enactment run - could not beryllium ruled out, on with changes to the pension triple lock.

Ms Truss refused a Labour petition to explicate the U-turns to MPs herself earlier Mr Hunt's statement, with Commons person Penny Mordaunt saying she had been "detained connected urgent business".

Labour person Sir Keir Starmer accused the PM of leaving an "utter vacuum" successful government, portion 1 of his MPs jibed she had been "cowering nether a desk".

Cuts to dividend taxes and VAT-free buying for planetary tourists person besides been scrapped, on with a frost connected intoxicant work rates.

The government's vigor enactment package, a argumentation repeatedly championed by Ms Truss successful defence of her premiership, volition besides beryllium scaled backmost aft six months.

The reversals person prompted immoderate Tory MPs to speech privately astir however Ms Truss could beryllium ejected from office, contempt enactment rules preventing a ceremonial enactment situation for a year.

Tactics reportedly nether information see submitting no-confidence letters successful a bid to unit enactment bosses into a regularisation change, oregon changing the rules to let MPs to bypass enactment members and prime a caller person themselves.

However, determination is small statement implicit who should instrumentality implicit from Ms Truss if she is removed.

Five of her ain MPs person called publically connected her to resign, with others briefing journalists that they deliberation her clip successful bureau is up.

Ms Truss has been holding meetings with her furniture ministers and backbench MPs, arsenic she tries to reassure her enactment of her grip connected power.

She besides met Sir Graham Brady, who chairs the committee that decides the Tory enactment rulebook.

The committee's treasurer has confirmed a regularisation alteration is possible, but suggested "probably 60-70%" of the party's MPs would person to enactment the move.