Britain faces chaos amid falling pound, tax cuts and rising mortgage costs

Liz Truss faced a slew of criticism with her first few weeks looking like a horror movie, according to political commentators. Last week, the pound hit a record high against the US dollar of $1.03

This week saw a crash in the pound, a drop in the polls and the Bank of England announced its intention to pump billions into the markets to prevent the erasure of pensions (

Image: BBC News)

Tory plotters are mobilizing 70 MPs to overthrow Liz Truss over fears she will wreck the economy.

Senior Tories say this is the number needed to get their backbencher Sir Graham Brady to go to the Prime Minister to tell him she needs to think about her position.

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A scheming MP said: 'A flurry of censure letters to Sir Graham would be enough to force him to act.

"We know it's the nuclear option so soon after the last leadership contest, but we have to think about the best interests of the country."

The warning came as tens of thousands protested in dozens of cities and towns over the latest increase in electricity bills.

Last week, the pound hit a record high against the US dollar of $1.03, although it has since rallied.

And the Bank of England had to step in to save the pension pots after the Chancellor's £45bn in unfunded mini-budget tax cuts.

But how do current circumstances affect the state of the nation?

Some 44% of voters would rather have a drink with Keir Starmer than Liz Truss (

Picture:

AFP/Getty Images) Survey

Some 44% of voters would rather have a drink with Keir Starmer than Liz Truss.

Only one in five have chosen to go to the pub with the Prime Minister and four in ten trust the Labor leader more to return a £20 note he has borrowed.