Are the Tories in the business of managing decline?

Kwasi Kwarteng has just spoken at the Conservative Party Conference in Birmingham defending his mini-Budget, despite having u-turned on the cut to the 45p tax rate this morning. Will his speech have calmed his fellow Tories and, more importantly, the markets? 

Katy Balls speaks with James Forsyth, Kate Andrews and Isabel Hardman. 

Produced by Max Jeffery and Oscar Edmondson.