Liz Truss to make statement amid U-turn speculation

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Prime Minister Liz Truss volition clasp a property league later, amid speculation she is going to denote a U-turn connected plans to chopped concern taxes.

Chancellor Kwasi Kwarteng has flown backmost aboriginal from a US travel for urgent talks with the PM.

Ditching a planned emergence successful corp taxation emergence was cardinal to Ms Truss's Tory enactment pitch.

It comes aft the government's mini-budget spooked the markets and sparked a revolt among Tory MPs.

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