Tory backbenchers are thought to be discussing how the “grace period” rule might be changed in bid to force Liz Truss out.
The Tory MP described the PM’s move as a ‘gut punch’ that cast him into a bout of depression.
"An arsonist is still an arsonist even if he runs back into a burning building with a bucket of water"
Highlighted papers captured by official photographer call for body of "respected" economists and stress the importance of ‘Cabinet unity’.
Penny Mordaunt was forced to step in and cover for the prime minister, who is nowhere to be seen following today's dramatic U-turn.
"Back Liz, if not bring back Boris or face a General Election within weeks", the former culture secretary said.
"The policies that were announced in the original mini-Budget were the policies she fought and won the Conservative leadership election on."
Several major measures outlined by Kwasi Kwarteng just a few weeks ago have been replaced by his successor.
Liz Smith, the Scottish Conservative finance spokeswoman, said the Prime Minister is in ‘an extremely difficult position’.
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