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What the newspapers say – October 13th

Thursday’s newspapers say Liz Truss has been ordered by her top advisers to tear up last month’s mini-budget and raise corporate taxes, and that a “coronation row” over the controversial Koh-i-Noor diamond is looming.

Conservative MPs warn the Prime Minister it is “no longer credible” to push ahead with big tax cuts without risking a financial crisis that would further push up government borrowing and mortgage costs. pleasemynews, The timesthe financial times and The guard all report.

“U-turn or you go”, that daily mirror explained while the I adds that the Tories are in an “open revolt” against their Prime Minister.

metro treats Tory turmoil as ‘Blue Wall Falls’ and writes that ‘even core Tory areas are now turning to Labor after botched mini-budget’.

Elsewhere, the Daily express says the Tories have attacked the Bank of England governor for his “stupid” comments and accused him of being the cause of the pound’s dramatic fall.

The Daily Telegraph and the Daily Mail meanwhile, reports that Buckingham Palace is reconsidering plans for crowning the Queen Consort with the controversial Koh-i-Noor diamond, with India’s ruling party warning the move would bring back “painful memories of the colonial past”.

Star Helen Skelton’s ex-husband is expecting a baby with his new girlfriend months after their marriage ended. The sun says.

And the Daily Star brings a report that the cost of living crisis is forcing separated couples to continue living together.

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