The new UK Government is under pressure after the Chancellor's mini-budget sparked a backlash

A petition for an early general election could be discussed in Parliament, after it was signed by more than 450,000 people. It has gathered momentum following a turbulent week for Prime Minister Liz Truss.

According to dailypost.co.uk, any petition which attracts more than 100,000 signatures will be considered for debate. The Independent reports the petition was created in advance of Chancellor Kwasi Kwarteng's mini-budget on Friday. However the reverberations, resulted in the pound dropping to a record low against the dollar. There were also rare interventions from the IMF and Bank of England, later reports WalesOnline.

The new UK Government is under pressure after the Chancellor's mini-budget sparked a backlash -0
Source: PA

“The chaos engulfing the UK Government is unprecedented,” petition organiser Darrin Charlesworth said. “War rages in Ukraine; the Northern Ireland Protocol has further damaged our relationship with Europe; recession looms; the UK itself may cease to exist as Scotland seeks independence. This is the greatest set of challenges we have seen in our lifetimes."

He added that it should be up to the public to decide “who leads us through this turmoil”.

Ms Truss conceded during an interview with Laura Kuenssberg that she should have “laid the ground” better ahead of the mini-budget that prompted turmoil in the markets. She told the BBC: “I’m afraid there is an issue that interest rates are going up around the world and we do have to face that. But I do want to say to people I understand their worries about what has happened this week."

She insisted that she stands by the package of measures set out by the Chancellor and the speed with which it was announced. But acknowledging her mistakes, she said: “I do accept we should have laid the ground better… I have learned from that and I will make sure that in future we do a better job of laying the ground.”

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