Sky News: Letters of no confidence already being submitted against PM Truss

The British Parliament is taking steps to pass a vote of no confidence in the country's Prime Minister Liz Truss over her low-tax economy plan.

"Her, Kwasi, Philp and Simon [Clarke] are playing A-level economics with people's lives. You cannot have monetary policy and fiscal policy at loggerheads. Something has to give," Sky News reports citing a source in the British Parliament.

According to the MP, steps are being taken to trigger a vote of no confidence in Truss.