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Truss brings Jeremy Hunt, who backed Rishi Sunak in PM race, to stem UK turmoil
Published on Oct 15, 2022 04:17 pm IST
Britain's new finance minister has acknowledged that mistakes were made by his predecessor, hinting that he may reverse much of Prime Minister Liz Truss' tax-cutting plans to bring stability. Britain has been for weeks facing economic and political turbulence due to Truss and former finance minister Kwasi Kwarteng's fiscal policy decisions. Jeremy Hunt, who was brought in Friday to replace Kwarteng has warned of 'difficult decisions' ahead.
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