THE SNP have accused Liz Truss of misleading Parliament after the Prime Minister backtracked on her commitment to ruling out any cuts to public spending earlier in the week.

It comes after Liz Truss admitted in her press conference on Friday that public spending will be reduced.

The SNP say Truss’s remarks contradict her comments at PMQs on Wednesday when the Prime Minister doubled down on her campaign commitment of ruling out any cuts in public spending.

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Commenting, the SNP's Westminster deputy leader Kirsten Oswald MP said that Truss’s “crumbling premiership” will be remembered for its “countless shambolic U-turns and trashing the economy”.

She added: “The Prime Minister has serious questions to answer now over potentially misleading Parliament after her latest remarks on slashing public spending.

"Despite making a firm commitment in Parliament ruling out any cuts to public spending, the Prime Minister has desperately rowed back on that by admitting that it will be reduced – she must clarify this urgently."

Oswald went on to say that, in the absence of “real and targeted support to protect households and businesses” from the UK Government, the nation now faces a “new dark era of deep Tory austerity”.

She continued: "Liz Truss has lost all credibility and despite her desperate efforts to shift the blame the fact is that she is responsible for the economic chaos that is putting people's incomes, homes and pensions at risk.

"It's beyond any doubt that Scotland needs independence to escape the constant crisis and chaos of Westminster control."

On Friday, Truss sacked Kwasi Kwarteng as chancellor over her U-turn on large parts of his ill-fated mini-budget and has since committed to ditching the planned rise in corporation tax from 19% to 25%.

And soon after firing Kwarteng, she announced former health secretary Jeremy Hunt as the new Chancellor in a bid to reassure the markets and her party following a period of turmoil for her premiership.

A government spokesperson said: “Public spending has risen considerably over the past 12 years with spending at almost £1 trillion now compared to under £750 billion in 2010, and overall spending will continue to rise in real terms. 

“As the PM has set out, there will be difficult choices to be made and we need to make sure that we’re spending public money well, prioritising things that matter most – such as driving economic growth.

“The Chancellor will set out more on our approach to get debt falling in the medium term at the Medium Term Fiscal Plan at the end of October.”