Liz Truss faces mounting Tory fury tonight after executing another humiliating U-turn on her flagship tax cuts today - sacking Kwasi Kwarteng and bringing back Jeremy Hunt in a desperate bid to quell market chaos. Barely a month into her premiership, Ms Truss fronted a make-or-break press conference to abandon plans to keep corporation tax at 19p, rather than hiking it to 25p in April. She said she had made a 'difficult' decision for 'economic security' and 'in the national interest', but argued that her 'mission' to reduce taxes remained. 'We will get through this storm,' she said. 'The mission remains the same.. but ultimately we have to make sure we have economic stability.
