Wales' First Minister has said that Prime Minister is the "architect of her own misfortunes" as he reacted to news that Chancellor Kwasi Kwarteng had been sacked. Mark Drakeford gave his reaction after Liz Truss held an eight-minute press conference that only saw three questions from journalists.
He called for "stability" after a turbulent day of U-turns and the sacking of the Prime Minister's closest ally. You can catch up on live updates from throughout the day here.
On Friday afternoon, Ms Truss announced another U-turn on the flagship corporation tax cut that was announced in the mini-Budget last month, and confirmed that Jeremy Hunt would be the fourth Chancellor since July.
