Some members of the Conservative Party appear to have embraced Kwasi Kwarteng’s tax-cutting proposals.
Beth Rigby, the political editor for Sky, has spoken with some of the chancellor’s colleagues.
One said it was now “starting to look like a Conservative government”, while another said they were very supportive.
A third said there was no future in the “steady as she goes” approach pursued under the previous chancellor Rishi Sunak, and that now is the right time to go for growth.
However, it is notable that those who opposed the tax-cutting, high-spending plans outlined by Liz Truss in her bid to be Tory leader seem to be keeping their cards close to their chest.
Criticisms have still been made about the lack of an official OBR forecast.
Sunak supporter and Treasury committee chair Mel Stride said there was a “vast void at the centre of the announcements”.
Veteran Conservative Sir Roger Gale said: “Fortune favours the brave, but not the foolhardy.
“Without the support of an OBR Kwasi Kwarteng’s not-so-mini budget is certainly brave but also looks very high risk indeed. I trust that the promised detailed figures will underpin his calculations.”
The Treasury is understood to have based its analysis on the OBR forecast from March, with updated market prices.
Mr Kwarteng said a full OBR forecast would be completed by the end of the year.