Parliament to return after mini-budget turmoil, with Kwarteng set to face MPs

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Parliament to return after mini-budget turmoil, with Kwarteng set to face MPs
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The Commons will come back from conference season to Treasury questions and a big debate over reversing the rise in National Insurance.

Please use Chrome browser for a more accessible video playerSince the fall-out, which dominated the Tories' own gathering in Birmingham, the chancellor and the prime minister have U-turned on their plan to scrap the top 45p tax rate for the wealthiest 1% and given into demands to bring forward their medium-term financial plan on how to pay for their £43bn of policy pledges.

Shadow Chancellor Rachel Reeves said:"This is a Tory crisis that has been made in Downing Street, and that is being paid for by working people. She added:"Labour have forced this Tory government to U-turn throughout the cost of living crisis and we will do all we can in our power to do so again to get them to reverse this disastrous, kamikaze budget."Meanwhile, the PM will take part in a virtual meeting with leaders of the G7 - the world's seven richest nations - to speak out against continued Russian brutality in Ukraine and call for a full meeting of NATO leaders in the coming days.

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