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Hunt Drops What’s Left of Truss Plan to Save UK Credibility

  • Chancellor reverses almost all of prime minister’s growth plan
  • Conservative lawmakers hold talks on how to oust Truss
Bloomberg business news
WATCH: The government will take “whatever tough measures” are needed, Hunt said in a televised statement.Source: Bloomberg
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Chancellor of the Exchequer Jeremy Hunt ripped up most of what was left of Prime Minister Liz Truss’s controversial economic program, scrapping tax cuts and cutting back support for household energy bills in an effort to restore order to the UK public finances.