Polling in Sunday's papers indicates that faith in the government's economic competence is damaged.
"Voters abandon Tories as faith in economic competence dives" is the headline leading the Observer. According to a poll for the paper, three-quarters of UK voters, including 71% of those who supported the Conservatives in the 2019 general election, believe the prime minister and chancellor have lost control of the economy. Labour has also extended its lead by 14 percentage points in the past week, according to the survey by Opinium.
According to the Sunday Times, Chancellor Kwasi Kwarteng attended a drinks event - where hedge fund managers were in attendance - just hours after delivering his mini-budget. The paper says the chancellor gave guests insights about planned spending cuts, raising questions about his political judgement. But the lead story for the paper focuses on Liz Truss's reported advice to King Charles III not to attend November's COP27 climate change conference, where he was due to deliver a speech.