Truss Orders U-Turn Over Appointment of Top Treasury Official
- Chancellor was set to appoint outsider Antonia Romeo to job
- Market turmoil prompted BOE and Treasury to reassure investors
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Prime Minister Liz Truss overruled Chancellor Kwasi Kwarteng’s intention to appoint a high-profile outsider as the UK Treasury’s top civil servant, another step by the government to calm market turmoil and stabilize the mutinous Conservative Party.