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Truss Brings In Rival Who Could Steady the Ship, or Take Her Job

  • Hunt tasked with divising fiscal plan to appease investors
  • Supporter says Hunt will be ‘chief executive’ of government
Bloomberg business news
UK's Truss Makes Another Tax U-Turn, Defends Kwarteng Ouster

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Under-pressure UK Prime Minister Liz Truss appointed Jeremy Hunt as her new Chancellor of the Exchequer, replacing Kwasi Kwarteng after just 38 days in office, in a last-ditch bid to reassure the financial markets she was taking a new economic path.