Meanwhile, new Chancellor Jeremy Hunt has been speaking to the BBC on his second day on the job.
He said “actions speak louder than words” as he promised to reassure the markets with effectively a new budget in two weeks’ time.
Mr Hunt added he wants to keep as many of Liz Truss’s tax cuts as he can – while insisting: “The prime minister is in charge.”
He said: “I’m not taking anything off the table. I want to keep as many of those tax cuts as I possibly can because our long-term health depends on being a low-tax economy. And I very strongly believe that.”
“I’m going to be asking every government department to find further efficiency savings,” he said.
He said he hopes his fiscal statement can stabilise the markets.
“I think for people trading in markets, actions speak louder than words,” Mr Hunt said.
“The prime minister has changed her chancellor. We are going to have a very big fiscal statement a bit like a budget in which we set out the tax and spending plans for several years ahead, and that’s going to be independently verified by the Office for Budget Responsibility.”
He appeared to rule out any future tilt at the Tory leadership.
Mr Hunt said a desire to lead the party had been “clinically excised” thanks to his previous failed attempts.
“I think having run two leadership campaigns, and by the way failed in both of them, the desire to be a leader has been clinically excised from me.
“I want to be a good chancellor. It’s going to be very, very difficult. But that’s what I’m focusing on.”
Source: Sky News