Liz Truss has told Kwasi Kwarteng that she is “sorry” to lose him as Chancellor, adding that: “You have put the national interest first.” The Prime Minister sacked her Chancellor on Wednesday morning ahead of a press conference due to take place in the afternoon.
Mr Kwarteng’s dismissal and a widely expected U-turn on scrapping the corporation tax rise would be part of an effort to reassure markets after the mini-budget turmoil, according to The Times.
