Senior Tory warns Truss economic U-turn must be ‘significant’

Mel Stride says that markets won't be settled if government's policy change just nibbles at the edges'

A senior Conservative MP has said that Liz Truss must not nibble at the edges" but instead perform a powerful" and significant" U-turn with its so-far disastrous economic plan.

Mel Stride, the chair of parliament's Treasury select committee, told the BBC's Today programme: My personal view is that it [a U-turn] should happen, we have reached a point where we need this very powerful and significant signal to the markets that fiscal credibility is firmly back on the table, and I think that means doing something right now and not delaying.