JEREMY Hunt has been announced as the UK’s new Chancellor in the wake of Liz Truss sacking Kwasi Kwarteng.
Hunt had been serving as the Chair of the Health and Social Care Select Committee, a role he had held since 2020, before filling in for the departing Kwarteng.
In a speech at Downing Street, Truss said: "[Hunt] is one of the most experienced and widely respected government ministers and parliamentarians. He shares my convictions and ambitions for our country.