Chancellor flies home from US early to discuss mini budget
Chancellor Kwasi Kwarteng has flown home from the US early for urgent talks on the mini-budget.
The budget has faced criticism from many inside and outside of the party.
Kwarteng was in Washington DC to attend a meeting of global finance ministers.
Shortly after the mini budget was announced, Kwarteng then scrapped plans to cut the top rate of income tax. Following the news that he is returning to the UK, some are expecting further U-turns. Some are speculating that the plan for corporation tax could be reversed.
A financial statement by the chancellor is expected on 23 October, but it may come earlier depending on the markets and how other Tory MPs react.
Image: Chris McAndrew / UK Parliament
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