Newspaper headlines: 'Game is up' for Truss and 'Met failings' exposed

Leader of the House of Commons Penny Mordaunt

Writing in the Daily Telegraph, former Tory leadership contender Penny Mordaunt insists "Britain needs stability, not a soap opera".

The paper notes, however, that Ms Mordaunt's article echoes themes from her campaign and does not rule out her making another bid for the top job - if a vacancy emerges. Meanwhile its editorial says Chancellor Jeremy Hunt has deployed his most emollient bedside manner to reassure the markets - but essentially he's saying the country is in a mess after 12 years of Conservative rule.

Tory powerbrokers have held secret talks about ousting the prime minister - and arranging a "coronation" of a new leader - according to the Times. In what it calls an "incendiary intervention", it quotes a senior ally of Liz Truss as accusing plotters of working against the British people by fuelling turmoil in the markets - adding that they won't get a "coronation", they will simply bring about an early general election.

Tory MPs are quoted telling the i newspaper to expect a leadership challenge within days - which would make Ms Truss Britain's shortest ever serving leader. The Metro says "the plots thicken" - and sets out three possible outcomes: a Sunak-Mordaunt partnership, the defence secretary Ben Wallace, or new chancellor Jeremy Hunt entering No 10.

The Daily Mail predicts Tory MPs will try to oust Ms Truss this week. It says backbench MPs are pressing the chairman of the backbench 1922 Committee to tell Ms Truss her time is up - adding that some junior ministers are discussing a wave of co-ordinated resignations of the kind that eventually forced out former leader Boris Johnson. It quotes one MP as saying; "We need to cauterise the wound - and fast."

The Financial Times reports that Ms Truss's decision to appoint Mr Hunt and scrap key parts of her economic platform have failed to reassure markets and the city. It quotes Stuart Rose, a Tory peer and Chairman of Asda, saying Ms Truss had lost the confidence of investors - describing her as "a busted flush". The Daily Mirror's headline is "PM on the brink"; in an editorial, it says to be in office but not in power serves nobody.

The Guardian says ministers are waiting anxiously for the markets to open, amid fears that sterling could head towards parity with the dollar and that rising bond yields would put upwards pressure on mortgage rates. The same point is picked up by the Daily Express, which says Ms Truss faces D-Day today when the financial markets open for the first time since her economic masterplan was blown apart.

A new review of the Met Police's misconduct procedures found there were racist and misogynistic officers in the ranks

The Sun has a photograph of Mr Hunt meeting Treasury aides, with a speech bubble of him saying: "Gosh, these figures are startling" - and an official replying: "Yes that's the number of chancellors we've had since July."

Away from Westminster, several front pages give coverage to the review of the Met Police which has found that sex offenders, racists and misogynists remain on the books - because of what the Times describes as an "anything goes" attitude to misconduct. The Daily Mail in an editorial, says grotesque scandals at the Met have become so commonplace they have almost lost the power to shock; it says the force, once a beacon of professionalism, is now little more than a sewer of shame.