More than 80,000 sign petition calling for early general election

The petition was launched before Kwasi Kwarteng's mini-budget on Friday that has seen the pound dropping to a record low against the dollar

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More than 80,000 people have signed a petition in favour for a general election in a bid to "end the chaos of the current Government".

The petition was launched before Kwasi Kwarteng's mini-budget on Friday that resulted in the pound dropping to a record low against the dollar, prompting interventions from the IMF and the Bank of England.

Petition organiser Darrin Charlesworth said: “The chaos engulfing the UK government is unprecedented.

Liz Truss is facing intense scrutiny during the early stages of her premiership.
Liz Truss is facing intense scrutiny during the early stages of her premiership.

“War rages in Ukraine; the Northern Ireland Protocol has further damaged our relationship with Europe; recession looms; the UK itself may cease to exist as Scotland seeks independence.

"This is the greatest set of challenges we have seen in our lifetimes,” the organiser added before calling for the public to decide “who leads us through this turmoil.”

Prime Minister Liz Truss has adopted a defiant front in the face of widespread criticism of the mini-budget, insisting today that it's the "right plan" to undertake, despite turmoil in the markets ensuing after the announcements.

Speaking in an interview on Friday, Truss defended the plan, saying it will "put the country on the right trajectory for the long-term" but admitting that the benefits will not be reaped "overnight".

In an interview with the BBC, the Prime Minister cited the war in Ukraine and global financial issues as reasons behind the plight of the UK's economic outlook.

Labour leader Keir Starmer called for Parliament to be recalled on Wednesday in order to address the financial crisis.

Speaking during his keynote speech at the Labour conference, he said: "I think many people will now be extremely worried about their mortgage, about prices going up, and now about their pensions.

“What the government needs to do now is recall parliament and abandon this budget before any more damage is done.”