Starmer allies warn ditching Keir next week could land Britain with ‘Labour’s Liz Truss’ like Ed Miliband or Angela Rayner

Allies of Keir Starmer have warned that he could be replaced by ‘Labour’s Liz Truss’ if he is ousted in a chaotic leadership contest.

Labour MPs have been warned that booting out the Prime Minister in the wake of next week’s local elections could usher in a disastrous Left-winger like Ed Miliband or Angela Rayner.

Allies of the PM claim a lurch to the Left could undermine market confidence in the Government and send borrowing rates spiralling, crashing the economy.

One source told the Daily Mail: ‘If you just flip the coin because you are angry, you could end up with chaos –

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