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Senior Tory MP says it’s now a question of how badly party will lose election

A senior Tory MP says his party has already lost the next general election and is urging Liz Truss not to wreck the economy before the inevitable defeat.

As polls put the Conservatives up to 30 points behind Labour after the tax-slashing budget gamble backfired, Sir Charles it is “hard to construct an argument” that his party retain power.

“I suspect the conversation is, you know, ‘how much do we lose it by’?” he told Times Radio.

He urged Ms Truss to hand over a decent “legacy” to Labour, adding: “We’re a Patriotic Party. That’s our first duty, is to the country. Our first duty is not to get re-elected, our first duty is to the country.”

Sir Charles admitted the Conservatives had suffered a “cliff edge collapse”, saying: “There’s no way of dressing this up as anything else but being pretty shattering.”

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