Sir Keir Starmer has demanded a recall of parliament following the UK being on the verge of a financial meltdownThe Labour Party leader said the government should abandon plans to slash taxes and ramp up borrowing which have sent financial markets into turmoilHe said: ‘The government has clearly lost control of the economy … this is self-inflicted’‘What the government needs to do now is recall parliament and abandon this budget before any more damage is done’Scotland’s First Minister Nicola Sturgeon has also called for the government to re-adjournShe said today: ‘UK in grip of rapidly deteriorating economic crisis Emergency intervention by Bank of England to reduce damage of UK gov own policies extraordinary‘Commons should be immediately recalled (where even is PM?) & as at least an initial symbol of sense, top tax rate abolition dumped’The calls to Prime Minister Liz Truss come after The Bank of England was forced to intervene to prevent a ‘material risk to UK financial stability’It is in the wake of Chancellor Kwasi Kwarteng’s ‘mini-budget’ speech last week, triggering a market meltdownThe government has lost control of the economy Itâs going to mean higher mortgages and higher prices And what for? Unfunded tax cuts for the one per cent They must recall parliament today and abandon this act of economic self-harmThe value of the currency plummeted after the new government announced its economic proposals on FridayIt caused the cost of borrowing that the government must pay...