Hopes to be greeted by an adoring host of members have likely been dashed as some Tory MPs have questioned whether she will still be PM by the end of the year.
Nearly two dozen senior Conservative MPs have told Sky News they will not be attending after a tumultuous week that saw the pound hit a record low against the dollar and the Bank of England stepping in to prevent a pension funds collapse.
Ms Truss and her chancellor have doubled down in defending the £45bn of unfunded tax cuts that caused the economic turmoil, insisting it is necessary for growth.
The PM on Saturday said “rough decisions” were needed to boost growth and told the Sunday Telegraph she wants to “bring people with me on this journey”, insisting the “status quo isn’t an option”.
There are concerns the situation could get worse if the Bank of England is forced to hike interest rates to shore up the currency and keep inflation down.
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A series of polls taken this week have shown a massive drop in popularity for the Tories and a record high for Labour following the mini-budget.
The latest poll from Opinium showed 55% of voters disapprove of both Ms Truss and Mr Kwarteng while Labour enjoyed a 19-point boost.
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And 75% of all voters think they have lost control of the economy. When it comes to Tory voters, 71% think they do not have the economy under control versus just 24% who believe they do.
Many of Ms Truss’ own MPs have been talking out against her economic plan and Tory grandee Michael Gove, who backed Rishi Sunak, is expected to demand the party changes course during eight official appearances at the conference.
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Truss arrives at Tory conference
Senior backbenchers told The Independent the PM has a matter of days to row back on tax and welfare cuts or a rebellion could see her removed from Downing Street by Christmas.
There are reports of letters going in to the chair of the backbench 1922 Committee from MPs calling for a vote of no confidence.
Under current rules she is safe from a leadership challenge for a year after her election but the 1922 executive could change the rules if demand from Tory MPs is overwhelming.
News on Saturday that Mr Kwarteng held a champagne reception with hedge fund managers just hours after the mini-budget was met with incredulity.
A source close to the chancellor denied he had provided guests with privileged information and said: “The government’s ambitions on lowering the tax burden are hardly a state secret.”
Liz Truss starts her first Conservative Party conference less than a month – 25 days – since becoming leader, all the more notable given 11 of those days were spent in official mourning for the death of the Queen.
Also notable in that time is that the government spent upwards of £160 billion, Sterling collapsed to the lowest level since 1985, UK is now at threat of downgrade by credit rating agencies, swathes of cheaper mortgages have disappeared from the market, the Bank of England has done an emergency intervention to save pension funds and the Tories have recorded their worst opinion poll rating for YouGov since the company was founded in the late 90s.
Everybody – Tory MPs, institutions, voters looking at the economic turmoil to come – is anxious.
Ms Truss’s most important job is to show the county and her party whose side she is on.
Which is why the story tonight from the Sunday Times about her Chancellor Kwasi Kwarteng is so damaging.
On the day of the mini-budget, where he cut taxes for the richest, he went to a hedge fund party hosted by Andrew Law, Tory donor. 30 donors and financiers were there as he went round the top.
I’ve spoken to someone who has been at events such as these recently. They are amazed at just how casual Kwarteng is about spraying bold, potentially market moving views around such events, on topics such as the governor of the Bank of England Andrew Bailey.
Some in the City worry such talk undermines the credibility of the UK’s independent financial institutions, after the watchdog OBR and Treasury expertise already came in the firing line. Careless talk costs credibility.
Another difficult moment, one of just many.
Many Tories think Liz Truss now needs to reset with her party this week to survive.
‘The worst is yet to come’
Opposition parties used the opening of the Conservative conference to hit out at the Tories, with the SNP saying the worst is yet to come.
The SNP’s Westminster leader Ian Blackford said: “It’s been a disastrous first few weeks of her premiership but if the rhetoric from the Tories is to be believed, the worst of this Truss government is yet to come.”
His comments came after a key ally of Ms Truss’, Levelling Up Secretary Simon Clarke, signalled ministers are looking to shrink the overall size of the state alongside falling tax cuts.
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Truss acknowledges ‘some disruption’
And Sir Keir Starmer said it was “unacceptable” voters nor MPs had had any say on the new economic measures announced.
“The economy is not a laboratory experiment for the maddest scientists of the Conservative Party,” the Labour leader wrote in the Sunday Telegraph.
“The pain about to be inflicted on the whole country is the result of a prime minister and a chancellor wedded to a disastrous ideology.”
The conference will open today with a tribute to the Queen but it is Mr Kwarteng’s speech on Monday and Ms Truss’ closing speech on Wednesday that will command the political attention.
US president-elect Donald Trump has refused to rule out military or economic action to seize the Panama Canal and Greenland – as he said he believes NATO spending should be increased to 5% per member state.
Speaking at Mar-a-Lago, Florida, Mr Trump made a series of sweeping claims on what his policies could look like when he takes office on 20 January.
He said he believes NATO spending should be increased to 5% per member state, while he also declared US control of Greenland and the Panama Canal as vital to American national security.
The 78-year-old Republican also spoke of relations with Canada, as well as addressing his position on the Middle East and the war in Ukraine.
Sky News takes a look at some of the key claims brought up during the conference.
NATO
Mr Trump claimed “nobody knows more about NATO than I do”, before adding: “If it weren’t for me, NATO wouldn’t exist right now.
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“I raised from countries that weren’t paying their bills, over $680bn. I saved NATO, but NATO is taking advantage of us.”
The president-elect also said members of NATOshould be contributing 5% of their GDPs (gross domestic product) to defence spending – the previous target has been 2%.
Greenland and Panama Canal
Asked if he can reassure the world he won’t resort to military action or economic coercion in trying to get control of the areas, he said: “No, I can’t assure you on either of those two.”
“But, I can say this, we need them for economic security.”
He didn’t add any further detail around Greenland – which he has recently suggested the US should own or control – but he said the Panama Canal “was built for our military”.
He said the canal was “vital” to the country and China was “operating” it.
Mr Trump criticised the late Jimmy Carter for his role in signing over the Panama Canal to Panama during his presidency, saying it’s “a disgrace what took place” and “Jimmy Carter gave it to them for one dollar.”
Canada
A day after Canadian Prime Minister Justin Trudeau announced he was stepping down, Mr Trump said he believed the US’ northern neighbour should become the 51st US state.
He mocked Mr Trudeau by calling him “governor” rather than prime minister.
He argued the US and Canada combined would amount to an “economic force” that would “really be something”.
“There isn’t a snowball’s chance in hell that Canada would become part of the United States,” Mr Trudeau responded.
Israel-Hamas war
Israel has been waging a 15-month war on the militant group ruling Gaza, Hamas, since they launched an unprecedented attack on southern Israel on 7 October which saw 1,200 people massacred and about 250 taken hostage, many of whom remain in captivity.
Mr Trump said: “If those hostages aren’t back by the time I get into office, all hell will break out in the Middle East.”
Nearly 46,000 Palestinians have been killed in Israel’s assault on Gaza, according to Hamas-run health officials in the enclave.
Referring to Russia’s ongoing full-scale war against its smaller neighbour, Mr Trump said a “big part of the problem” was Russian President Vladimir Putin had said for many years he did not want Ukraine involved with NATO.
“Somewhere along the line [outgoing President Joe] Biden said you can join NATO,” he said.
“Well, then Russia has NATO right on their doorstep.
“When I heard the way Biden was negotiating I said ‘you are going to end up in a war’ and it turned out to be a war.”
Asked if he would commit to keep supporting Ukraine during negotiations with Moscow, Mr Trump quipped: “Well, I wouldn’t tell you if that were the case.”
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The public articulation by Donald Trump of a new desired target for NATO allies to spend 5% of national income on defence will surely plunge governments across Europe into crisis mode – not least here in the UK.
Britain presents itself to the world and in particular to the United States as the biggest defence spender in Europe and NATO’smost powerful European military.
Yet Sir Keir Starmer has not even managed to set out a timeline for what he describes as a “path to 2.5%” of GDP being invested in his armed forces, up from just over 2% today.
If the prime minister merely sticks to this pledge, he risks being viewed by the new administration as woefully unambitious and not credible on defence.
Then there is the extraordinary threat by Mr Trump to seize Greenland by force if necessary, even though this valuable piece of territory belongs to a fellow NATO ally in the form of Denmark.
The move – were it to happen – would demonstrate the limitations of the alliance’s Article 5 founding principle.
It is supposed to guarantee that all allies would come to the defence of any member state which is under armed attack.
But what about if the aggressor is also meant to be an ally?
The president-elect also appeared to dash any hope of Ukraine being offered membership to the alliance anytime soon – a core request of President Volodymyr Zelenskyy.
Instead, Mr Trump sounded sympathetic to Vladimir Putin’s absolute opposition to such a move.
He said he would meet the Russian president after taking office – reiterating a promise to end the war in Ukraine, though again without spelling out how.
The outbursts came in a lengthy press conference on Tuesday that marked the starting shot in what could be a make-or-break test for NATO – an alliance of transatlantic friends that rose from the ashes of the Second World War.
European members of NATO, as well as Canada, already took a battering the last time Mr Trump was in the White House – and rightly so.
The US had for far too long largely bankrolled the security of Europe, while the majority of its allies – including the UK – reaped the so-called “peace dividend” that followed the collapse of the Soviet Union and the end of the Cold War, swapping expenditure on defence for peacetime priorities such as economic growth, healthcare and education.
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From 2019: Was this the most awkward NATO summit ever?
Mr Trump made clear during his first term his displeasure about what he saw as Washington being ripped off and vowed to make Europe take its fair share of the burden.
He even warned member states that the US would not come to the aid of an ally that was not hitting at the very least a minimum NATO spending targeting of 2% of GDP – something they had previously pledged to do by 2024 but were slow to deliver on.
Such language electrified allies in a way that even Putin’s initial 2014 invasion of Ukraine, with the annexation of Crimea and attacks in the east of the country, had not.
Yet, with the threat from Russia growing in the wake of its full-scale war in Ukraine in 2022, coupled with conflict in the Middle East and the challenge posed by China, it has become clear that this heightened level of expenditure by allies was still far short of what is required to rebuild militaries across Europe that have been hollowed out over decades.
Mark Rutte, the new secretary general of NATO, set the stage for what is expected to be another push to ramp up investment when he delivered a landmark speech last month in which he called on allies to return to a “war mindset” and “turbocharge” defence spending.
He said this was to counter growing threats, but observers said it was also a pre-emptive response to the anticipated demands of the next Trump administration.
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‘Ukraine needs more arms, less talking’
Either way, it poses a huge challenge for all allies, in particular for Sir Keir Starmer.
He and Rachel Reeves face a choice: change course when it comes to their top priorities of economic growth, hospital waiting lists and new housing and instead invest more in defence or defy what will doubtless be growing demands from the United States to spend billions of pounds more on the UK armed forces – and maybe even leave the country in a position whereby the US would not come to its aid if attacked.
The Rapid Support Forces (RSF) and its allied militias are committing genocide in Sudan while waging war against the army for control of the country, Joe Biden’s US administration has determined – two weeks before leaving office.
In a statement sharing the designation on Tuesday, US secretary of state Antony Blinken said the RSF and its aligned militias had “systematically murdered men and boys – even infants – on an ethnic basis” and “deliberately targeted women and girls from certain ethnic groups for rape and other forms of brutal sexual violence”.
He announced that Washington would impose sanctions on RSF leader Mohamed Hamdan “Hemedti” Dagalo and seven RSF-owned companies located in the United Arab Emirates (UAE).
The UAE is credibly accused of backing and arming the RSF – something it has strenuously denied.
When reached for comment by Reuters, the RSF rejected these measures and said: “America previously punished the great African freedom fighter Nelson Mandela, which was wrong.
“Today, it is rewarding those who started the war by punishing (RSF leader) general Mohamed Hamdan Dagalo, which is also wrong.”
The RSF has been fighting Sudan’s army for territorial control of the country since war erupted in the capital, Khartoum, in April 2023.
The ensuing devastation has been described as the worst humanitarian crisis ever recorded – with over 11 million people forced out of their homes, tens of thousands dead, and 30 million in need of humanitarian assistance.
In December 2023, Mr Blinken announced that both warring parties had committed war crimes, but that the RSF in particular had committed crimes against humanity and ethnic cleansing.
He mentioned this precedent in this latest announcement, adding: “Today’s action is part of our continued efforts to promote accountability for all warring parties whose actions fuel this conflict.
“The United States does not support either side of this war, and these actions against Hemedti and the RSF do not signify support or favour for the SAF (Sudanese Armed Forces).
“Both belligerents bear responsibility for the violence and suffering in Sudan and lack the legitimacy to govern a future peaceful Sudan.”
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From November: RSF attacks farming villages leaving dozens dead
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