After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny.

Tory MPs expressed shock at how the pound fell drastically at a time when houses in the country were already having a hard time keeping up with living expenses after the government's mini-budget caused market turmoil.&nbsp;

<a href="https://www.wionews.com/world/liz-truss-and-kwasi-kwarteng-argue-over-response-on-uk-economic-crisis-report-520396">Also read |&nbsp;Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report</a>

They asked the prime minister to change her mind to scrap the top 45p tax rate, which they claimed had received backlash in the constituencies and claimed that Kwasi would have to resign for the party to survive the financial crisis.

In conversation with The Guardian, a spokesperson said that the prime minister and chancellor are working on supply-side measures required to strengthen the economy.&nbsp;

Both Truss and Kwarteng didn't make any comments on this. However, Andrew Griffith, the Treasury's financial secretary, in conversation with Sky News, said that all major economies are going through the same volatility as the UK as a result of Russia's invasion of Ukraine.&nbsp;

Watch |&nbsp;UK PM Liz Truss plans to cut down stamp duty in mini-budget, focus on reviving British economy

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As a result of this mini-budget, there was rising dissatisfaction among the conservatives. MPs demanded reforms from the government.&nbsp;

Some MPs said that the financial package had been a disaster and that the party could only be revived to balance with the cancellation of Friday's mini-budget and the removal of the chancellor, while some claimed that the damage had already been done.&nbsp;

One MP stated that Kwasi has to leave, while others said that the markets have absolutely lost their faith in the UK government.&nbsp;

<a href="https://www.wionews.com/world/organisations-slam-liz-truss-government-for-plans-to-scrap-pesticide-law-after-brexit-520650">Also read |&nbsp;Liz Truss' government slammed for plans to scrap pesticide law after Brexit</a>

A former minister said that Kwasi should be removed, but Truss could not escape her responsibility.

The MPs demanded that the situation be difficult to handle and urged the prime minister to replace her chancellor and reassign Treasury's management to someone with more experience.

(With inputs from agencies)

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After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny.

After the Bank of England's intervention in addressing the instability in the financial markets, the new Prime Minister, Truss, is under immense pressure from Conservative MPs to fire Kwasi Kwarteng immediately or face a mutiny. Tory MPs expressed shock at how the pound fell drastically at a time when houses in the country were already having a hard time keeping up with living expenses after the government's mini-budget caused market turmoil. Also read | Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report They asked the prime minister to change her mind to scrap the top 45p tax rate, which they claimed had received backlash in the constituencies and claimed that Kwasi would have to resign for the party to survive the financial crisis. In conversation with The Guardian, a spokesperson said that the prime minister and chancellor are working on supply-side measures required to strengthen the economy. Both Truss and Kwarteng didn't make any comments on this. However, Andrew Griffith, the Treasury's financial secretary, in conversation with Sky News, said that all major economies are going through the same volatility as the UK as a result of Russia's invasion of Ukraine. Watch | UK PM Liz Truss plans to cut down stamp duty in mini-budget, focus on reviving British economy As a result of this mini-budget, there was rising dissatisfaction among the conservatives. MPs demanded reforms from the government. Some MPs said that the financial package had been a disaster and that the party could only be revived to balance with the cancellation of Friday's mini-budget and the removal of the chancellor, while some claimed that the damage had already been done. One MP stated that Kwasi has to leave, while others said that the markets have absolutely lost their faith in the UK government. Also read | Liz Truss' government slammed for plans to scrap pesticide law after Brexit A former minister said that Kwasi should be removed, but Truss could not escape her responsibility. The MPs demanded that the situation be difficult to handle and urged the prime minister to replace her chancellor and reassign Treasury's management to someone with more experience. (With inputs from agencies) WATCH WION LIVE HERE

Conservative MPs warn UK PM Liz Truss to fire British Chancellor Kwasi Kwarteng or face mutiny

British Prime Minister Boris Johnson is facing a rebellion as members of the parliament are set to vote on the latest coronavirus restrictions imposed by him.

At least 60 angry Tory MPs are reported to be set to rebel over the restrictions at a series of votes to make them law.

These include the government's new rules on mask-wearing, testing, self-isolation, and vaccine passes, warning they undermine public freedoms.

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They have accused Johnson and his ministers of enforcing "disproportionate" curbs based on incomplete evidence.

Despite having a majority with 80 seats, that has forced the government to turn to the main opposition Labour party, which supports the package, to push the votes through.

Also read |&nbsp;<a href="https://www.wionews.com/world/caught-red-handed-uk-pm-boris-johnson-partook-in-christmas-quiz-at-no-10-in-2020-436196" hreflang="en">Caught red-handed? UK PM Boris Johnson partook in Christmas quiz at No 10 in 2020</a>

This comes after Johnson faced criticism over reported parties in his Downing Street office last year when such gatherings were banned during a coronavirus lockdown, questions over who funded a pricey refurbishment of his apartment, and the chaotic withdrawal from Afghanistan.

Defending Johnson, Health Secretary Sajid Javid said Omicron was "a grave threat" and even though hospital admissions were low, action was needed.

"They are measures that I think the situation demands, because when the facts change, our response must change too," he said.

Also read |&nbsp;<a href="https://www.wionews.com/world/conservative-party-loses-poll-lead-over-labour-after-johnsons-christmas-party-scandal-435847" hreflang="en">Conservative Party loses poll lead over Labour after Johnson's Christmas party scandal</a>

Several Conservative lawmakers say some colleagues have written letters of no confidence in Johnson, the first step required to seek a leadership challenge.

The Conservatives have 361 MPs, so 55 would need to write such letters for a confidence vote to be called.

"The Conservative party has always been very ruthless when it comes to getting rid of leaders that were not working," said political commentator Robin Pettitt.

Johnson swept to power in 2019 on a wave of popular support for his pledge to enforce Britain's departure from the European Union.

(With inputs from agencies)

British Prime Minister Boris Johnson is facing a rebellion as members of the parliament are set to vote on the latest coronavirus restrictions imposed by him. At least 60 angry Tory MPs are reported to be set to rebel over the restrictions at a series of votes to make them law.

British Prime Minister Boris Johnson is facing a rebellion as members of the parliament are set to vote on the latest coronavirus restrictions imposed by him. At least 60 angry Tory MPs are reported to be set to rebel over the restrictions at a series of votes to make them law. These include the government's new rules on mask-wearing, testing, self-isolation, and vaccine passes, warning they undermine public freedoms. They have accused Johnson and his ministers of enforcing "disproportionate" curbs based on incomplete evidence. Despite having a majority with 80 seats, that has forced the government to turn to the main opposition Labour party, which supports the package, to push the votes through. Also read | Caught red-handed? UK PM Boris Johnson partook in Christmas quiz at No 10 in 2020 This comes after Johnson faced criticism over reported parties in his Downing Street office last year when such gatherings were banned during a coronavirus lockdown, questions over who funded a pricey refurbishment of his apartment, and the chaotic withdrawal from Afghanistan. Defending Johnson, Health Secretary Sajid Javid said Omicron was "a grave threat" and even though hospital admissions were low, action was needed. "They are measures that I think the situation demands, because when the facts change, our response must change too," he said. Also read | Conservative Party loses poll lead over Labour after Johnson's Christmas party scandal Several Conservative lawmakers say some colleagues have written letters of no confidence in Johnson, the first step required to seek a leadership challenge. The Conservatives have 361 MPs, so 55 would need to write such letters for a confidence vote to be called. "The Conservative party has always been very ruthless when it comes to getting rid of leaders that were not working," said political commentator Robin Pettitt. Johnson swept to power in 2019 on a wave of popular support for his pledge to enforce Britain's departure from the European Union. (With inputs from agencies)

Angry Conservative MPs can rebel against UK Prime Minister Boris Johnson

British Prime Minister Boris Johnson's government faces its first revolt over a decision to allow the Chinese telecom giant Huawei to build the country's 5G phone network.

British Prime Minister Boris Johnson's government faces its first revolt over a decision to allow the Chinese telecom giant Huawei to build the country's 5G phone network. Huawei, the world's biggest producer of telecoms equipment, has been at loggerheads with Washington which accuses it of spying for the Chinese government. The company denies those allegations and Britain decided in January to allow Huawei into what Johnson's government said were non-sensitive parts of the British network, capping its involvement at 35%. The decision angered the United States. Now, a group of Johnson's Conservatives, which the rebels say number anything from 30 to 50 lawmakers, oppose the decision. Some of them plan to back an amendment to the Telecommunications Infrastructure Bill to ensure that the companies termed by British security experts as "high-risk vendors" - such as Huawei - are stripped out of networks completely by the end of 2022, reported news agency Reuters. "We hope to curb the government's enthusiasm for installing hardware produced by a company that they acknowledge to be 'high risk'," Conservative lawmaker David Jones told Reuters. The Conservative rebels acknowledge that they do not have the numbers to force a change to government policy. But they hope to fire a sizeable warning shot across the newly installed government's bows and influence Johnson to take a harder line, the report added. (With inputs from Reuters)

British Prime Minister Johnson faces lawmaker revolt over Huawei 5G decision