Newspaper headlines: 'PM holds crunch talks' and benefits to be curbed

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Newspaper headlines: 'PM holds crunch talks' and benefits to be curbed
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Liz Truss's efforts to reassure the markets that she can control government spending lead the papers.

The fallout from last week's mini-budget and the turmoil it sparked in the financial markets continue to lead the papers. The Guardian reports that Prime Minister Liz Truss is to hold "emergency talks" with the head of the Office for Budget Responsibility, the UK's fiscal watchdog, after failing to reassure the markets about her economic plans.

The paper says that, under the plans, benefit payments would increase in line with earnings instead of inflation, a change that would bring £5bn in savings. It also reports that the results of its YouGov poll have left some Tory MPs "openly speculating that Truss will not be in Downing Street at the end of the year".

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