Truss appointed Jeremy Hunt to replace Kwasi Kwarteng, and said she was scrapping parts of their controversial economic package announced only three weeks earlier, which included billions of pounds of unfunded tax cuts.
British Chancellor of the Exchequer Jeremy Hunt speaks during an interview with television correspondent Robert Peston outside the BBC headquarters, in London, Britain, October 15, 2022. REUTERS/Henry Nicholls
Truss appointed Hunt on Friday to replace Kwasi Kwarteng, and said she was scrapping parts of their controversial economic package announced only three weeks earlier, which included billions of pounds of unfunded tax cuts. Hunt said the government needed to be honest with the public about difficult decisions that were needed on tax and spending, but these would be taken with a view to protecting struggling families and businesses.
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