Kemi Badenoch has expressed significant concern that the UK might require an International Monetary Fund (IMF) bailout, similar to the 1976 crisis, unless the government implements a clear economic growth plan.

• Badenoch offered to collaborate with Labour leader Sir Keir Starmer to cut welfare spending, aiming to escape a "doom loop" of rising taxes and unstable public finances.

• Chancellor Rachel Reeves dismissed the idea of an IMF bailout for the UK.

• The Labour government of Prime Minister Jim Callaghan sought a $3.9 billion (£2.9 billion) emergency loan from the IMF during the 1976 sterling crisis.