Truss on the brink as Sir Graham Brady to hold crunch talks with PM

Truss apologises and vows to lead Tories into next General Election

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Powerful Tory MP Sir Graham Brady is expected to hold a second crunch meeting with Liz Truss in the next 36 hours with her premiership on the brink. The chairman of the 1922 committee, who is in charge of Conservative leadership elections, is set to outline the concerns of backbench MPs.

Tories in the Commons have been left fearing electoral disaster with polls showing plummeting support for the party in the wake of last month’s mini-budget.

A Redfield & Wilton survey published last night also gave Ms Truss a net approval rating of -61 percent, the lowest approval rating recorded for a sitting Prime Minister.

Sources say Sir Graham had a “pre-arranged” meeting with the Conservative party leader yesterday afternoon.

However, he is expected to hold talks with her again today or tomorrow morning to warn of the precariousness of her position.

Under Tory party rules, Ms Truss is safe from a challenge to her leadership for her first 12 months.

However, some Conservative MPs are demanding Sir Graham overhaul the process to allow them to oust the Prime Minister in the coming days.

Last night Broxbourne MP Sir Charles Walker warned the situation “can only be remedied” with “a new prime minister”.

“I think her position is untenable,” he told Sky News.

“She has put colleagues, the country, through a huge amount of unnecessary pain and upset and worry.”

The chairman of the 1922 committee will meet with Ms Truss to discuss her position before then providing an update to other members of the group at their next meeting at 4pm tomorrow.

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It will give the group time to assess how Ms Truss handles PMQs in the Commons t midday tomorrow and whether he change of Chancellor last Friday has led to a change in her approach as Prime Minister.

Last night Ms Truss sought to relieve the pressure on her by openly accepting she had made “mistakes” and apologising to the economic chaos of the past few weeks.

She told the BBC: “I do want to accept responsibility and say sorry for the mistakes that have been made.

“I wanted to act, to help people with their energy bills, to deal with the issue of high taxes, but we went too far and too fast.

Liz Truss as Prime Minister 'isn't tenable any longer' says MP

“I have acknowledged that. I have put in place a new Chancellor with a new strategy to restore economic stability.”

Vowing to stay in post, she added: “I will lead the Conservatives into the next general election.

“I will stay in the job to deliver for the national interest.”

Ms Truss is holding a number of meetings with her Conservative colleagues in a bid to sure up their support.

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