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Reuters
Reuters
Business

Jeremy Hunt replaces Kwarteng as Britain's finance minister

Jeremy Hunt Liz Truss Britain Kwasi Kwarteng
FILE PHOTO: Jeremy Hunt, Conservative party leadership candidate speaks during an interview, in London, Britain, July 10, 2022. REUTERS/Peter Nicholls/File Photo

Former foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi Kwarteng's resignation from the post after less than six weeks in the job.

A former foreign minister, Hunt has twice been unsuccessful in running for the governing Conservative Party's leadership, once losing to Boris Johnson and then being knocked out in the first round of voting in a contest which saw Truss take the prize.

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