The Tories face a potential wipeout at the next general election after Liz Truss’s experimental economic plan has “blown up”, former Tory chancellor George Osborne has warned.
The prime minister will attempt to win over aghast Tory MPs at a series of “charm offensive” meetings this week, with Labour enjoying leads of more than 20 points in the polls.
“The political experiment has blown up the chemistry lab,” Mr Osborne said on the shocked state of the party. “Everyone is standing there in the wreckage of the political situation for the Conservatives.”