According to the latest headlines floating on the wires, the UK conservative lawmaker Jill Mortimer was quoted saying that they have submitted a letter of no confidence in Prime Minister Liz Truss.
This comes amid reports that the 1922 Committee is co-ordinating optics to help soften the blow for the Prime Minister.
Next on tap is a statement by the UK PM Truss at 1330 GMT.
The British pound strengthens a bit in reaction to the news, lifting the GBP/USD to a fresh daily high, around the 1.1275-1.1280 region in the last hour.
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