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The U K prime minister fires her finance chief and nixes tax cuts to calm markets

In a move to calm financial markets and her own Conservative Party, Prime Minister Liz Truss canceled planned tax cuts for corporations and replaced Kwasi Kwarteng as treasury head with Jeremy Hunt.

United kingdomUnited statesCity ofWilliam hagueJeremy huntRoger galeKwasi kwartengBoris johnsonInternational monetary fundUpdated octoberBritish prime minister liz trussHealth secretary jeremy huntDowning streetMinister liz trussExchequer kwasi kwartengInternational monetary

Liz Truss fires Treasury chief and makes U-turn on tax cuts to calm markets : NPR

In a move to calm financial markets and her own Conservative Party, Prime Minister Liz Truss canceled planned tax cuts for corporations and replaced Kwasi Kwarteng as treasury head with Jeremy Hunt.

United kingdomUnited statesCity ofWilliam hagueJeremy huntRoger galeKwasi kwartengBoris johnsonInternational monetary fundPrime minister liz trussDowning street briefing roomBritish prime minister liz trussHealth secretary jeremy huntDowning streetMinister liz trussExchequer kwasi kwarteng

Kwasi Kwarteng was told by PM to go for 45p tax policy before sacking him

The former Chancellor was sacked by the Prime Minister on Friday, after Ms Truss told him that he had to go in order to restore market confidence.

United statesBen wallaceJeremy huntKwasi kwartengGraham bradyInternational monetary fundTory partyLiz trussPrime ministerChancellor kwasi kwartengHealth secretary jeremy huntRishi sunakSouth east londonCabinet roomSir graham brady

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