Liz Truss may be safe until Halloween but nightmare is far from over

PM will gather her cabinet for a rare Monday meeting to try to convince them she still holds levers of power

When Liz Truss gathers her cabinet in Downing Street for a rare Monday meeting to shore up support and talk them through her radically changed plans for the Halloween budget, she will be trying to convince them she still has a grip on power.

Sacking Kwasi Kwarteng as chancellor and bringing in Jeremy Hunt - who quickly buried key elements of her economic strategy, with tax rises and public spending cuts to come - was a necessary political sacrifice if she was to survive in No 10.