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100 Conservatives Asking 1922 Committee Chair For No Confidence Vote in Truss - Reports

CC BY 3.0 / UK Parliament / Chamber of the House of CommonsChamber of the House of Commons
Chamber of the House of Commons - Sputnik International, 1920, 16.10.2022
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MOSCOW, October 17 (Sputnik) - Letters demanding a vote of no confidence in British Prime Minister Liz Truss may have been written by as many as 100 Conservative backbenchers, The newspaper The i (inews) reports.
Chair of the 1922 Committee of backbenchers Graham Brady, who will return from a holiday on Monday "will have letters piling up against the back of his door. He will be pushing the door open with a few people, because of all the letters piling up the back of it," a veteran Tory member told the newspaper on Sunday.
According to The i, about 100 Conservative backbenchers may have written no-confidence letters, although such a vote would be impossible under the current party rules, which state that the leader is safe from a formal challenge for their first year in office.
Nonetheless, a party source told the newspaper that the executive of the 1922 Committee of backbenchers could stage its own vote of no confidence in Truss, even before September 2023, when her first year ends. Graham Brady could then advise that she step down.
UK Prime Minister Liz Truss is Not Expected to Last - Sputnik International, 1920, 16.10.2022
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Britons to Truss: ‘Lettuce Go’
A number of parliament members are in favor of UK Defense Secretary Ben Wallace replacing Liz Truss as prime minister, according to The i newspaper.
According to British media reports, Conservative parliament members Crispin Blunt, Andrew Bridgen and Jamie Wallis have all publicly said that Truss should step down.
On Friday, Kwasi Kwarteng resigned as the UK’s Chancellor of the Exchequer after reports leaked that he had been fired by Truss over a controversial tax cuts plan for big corporations, which triggered a negative reaction from both markets and the general public.
Kwarteng, who was relieved of his post barely three weeks after his appointment, is now replaced by Jeremy Hunt.
Britain's Prime Minister Liz Truss walks out of Number 10 Downing Street on her way to the House of Commons for the government's anti-inflation budget plan in London on September 23, 2022 - Sputnik International, 1920, 16.10.2022
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Ben Wallace Reportedly Mooted by Rebel Tories as Truss Replacement
According to The Guardian, on Monday, senior Conservative parliament members will hold a meeting, convened by leading supporters of Rishi Sunak, discussing the prime minister’s future, after Hunt dramatically tore up her economic package. The newspaper said on Saturday that some British parliament members are threatening to publicly call on Truss to stand down over her failed tax-cutting plan.
Last week, Truss promised to reduce public debt amid a flurry of criticism over the government's new plan to support the economy, which includes large-scale tax cuts. After the plan's announcement, the yield on five-year UK government bonds rose to its highest level since 2008, at 4.6%, which meant a decrease in demand for debt securities. Consequently, sterling fell to an all-time low of $1.054 per pound.
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