‘We should have laid the ground better’ – PM

Liz Truss has said that the government “should have laid the ground better”, before setting out its plan to cut taxes.

Chancellor Kwasi Kwarteng’s mini-budget saw the cost of government borrowing jump and mortgage rates spike in the UK.

Speaking to the BBC’s Sunday with Laura Kuenssberg, the prime minister defended the government’s plans, saying that they made the right decisions.