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The Independent UK
The Independent UK
National
Namita Singh and Emily Atkinson

Liz Truss news - live: Kwasi Kwarteng sacked as chancellor ahead of press conference

Liz Truss Kwasi Kwarteng Penny Mordaunt ​​Rishi Sunak Tax Cuts
PA

Related: Kwasi Kwarteng refuses to comment on possible corporation tax U-turn

Liz Truss has appointed former Conservative leadership contender Jeremy Hunt as the new chancellor of the exchequer and performed a U-turn on corporation tax, signalling a major shift in policy direction after weeks of turmoil in the wake of Kwasi Kwarteng’s mini-Budget.

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