Liz Truss admits 'disruption' to UK economy but stands by forecast-free mini-budget

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Prime Minister Liz Truss has for the first time acknowledged that 'there has been disruption' to the UK economy following last week's mini budget. Read more:

Truss: Right to 'take decisive action'and afterwards issued a statement saying they"made it clear they value its scrutiny".But Ms Truss did not accept that failing to commission a forecast last week had been a mistake.

"We are working together with the OBR. There will be an event on 23 November where the policies are fully analysed by the OBR, but it was a real priority to me to make sure we're working to help struggling families." But the prime minister declined to offer a guarantee that benefits would also rise in line with inflation, despite a pledge from Boris Johnson's government to do so.Ms Truss said the issue is"something that the work and pensions secretary is looking at, and she will make an announcement in due course, as is the normal practice for the autumn".

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