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Hello and welcome to Coffee House Shots, the spectators' daily politics podcast.

I'm Cindy Yu and I'm joined by Katie Boes and Joan Forsyth.

So today, Liz Truss has had her second Prime Minister's questions.

James, how did it go?

So, I think you need to do two things.

I mean, in terms of the pure kind of performance in the chamber,

I think that Liz Truss holds her position relatively well.

I think the danger for her is not what's happening in the chamber,

but what's happening in the markets and how she deals with that.

Now, there is a growing expectation in the market

that the government is going to have to make more eutics.

But I thought it was very striking in this PMQ's

but she, a, defended the corporation tax,

not going ahead of the corporation tax rise,

you know, saying that it would be a mistake to raise CT at this moment.

And I think she did so in language that kind of burns her boats on the beach on that front.

And that is important because that's something that lots of people in the market,

including the Muhammad al-Aryan alliances are kind of big figure.

And that gives you a sense of what people in the market are thinking,

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