Kwasi Kwarteng: I'm not going anywhere

Chancellor Kwasi Kwarteng has insisted helium is "not going anywhere", contempt the fiscal turbulence pursuing his mini-budget.

Asked if helium and the PM would inactive beryllium successful their positions this clip adjacent month, helium said: "Absolutely 100%."

Pressed connected whether helium was going to U-turn connected large parts of his economical plan, Mr Kwarteng said: "Our presumption hasn't changed."

Earlier, No 10 said the PM had ruled retired much U-turns connected her mini-budget.

Prime Minister Liz Truss is facing increasing calls from wrong her enactment to rethink portion oregon each of her tax-cutting bundle to reassure fiscal markets.

The chancellor's mini-budget connected 23 September, which included £45bn of taxation cuts funded by borrowing, has caused turmoil successful the fiscal markets and prompted the Bank of England to intervene to support pension funds.

Mr Kwarteng is owed to acceptable retired however helium volition money the bundle and trim indebtedness connected 31 October.

The chancellor's connection volition beryllium intimately watched by markets and Tory MPs arsenic they determine whether to enactment Ms Truss's tax-cutting agenda.