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The Daily Telegraph describes Mr Johnson as “hanging by a thread” following the walkout by the high profile Cabinet ministers and several junior ministers. The paper reports on the prime minister meeting with 80 Tory MPs last night in a pre-arranged meeting in which he indicated tax cuts would now be easier to deliver “in a swipe at Mr Sunak”. It comes after the ex-chancellor in his resignation letter hinted that Mr Johnson’s plans to both raise spending and cut tax were unrealistic.