Jeremy Hunt has been appointed as the latest Chancellor of the Exchequer after Kwasi Kwarteng was sacked only 38 days after he assumed the position.
Hunt, who has previously served as Culture Secretary, Health Secretary and Foreign Secretary, was confirmed as Kwarteng's successor this afternoon (14 October) and becomes the fourth Chancellor this year. The news comes as Truss is set to announce yet another U-turn to Kwarteng's Mini Budget today, according to multiple reports. The now ex-chancellor left the IMF annual meetings early to return to the UK this morning. "You have asked me to stand aside as your Chancellor. I have accepted," Kwarteng wrote in his departing letter sent to the prime minister, Liz Truss. "When you asked...
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