The prime minister faced the Commons for the first time since her chancellor’s mini-budget was blamed for unleashing commotion in the markets and sending the pound into freefall.

Ms Truss was forced to defend the credibility of her economic plan, which is focused on borrowing money to fund growth-boosting measures – a vision now overshadowed by Kwasi Kwarteng’s U-turn over plans to scrap the top rate of tax.

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