Politico are reporting that “The PM is panicking and reaching for almost anything that she can do to calm the situation. She was so burnt by the fallout from mini-budget that anything that seemed bold, she now wants to massively trim back,” said a senior Whitehall official.
Politico Journo Esther Webber on the story
Things are just going from bad to worse for those looking for some stability, and markets crave stability.