Hunt tears up Kwasi Kwarteng’s mini-Budget

The new chancellor, Jeremy Hunt, has torn up Liz Truss’s flagship mini-Budget policies. Here’s everything you need to know.

Jeremy Hunt
Jeremy Hunt: reversed almost every measure in the Truss-Kwarteng mini-Budget
(Image credit: © Chris J Ratcliffe/Getty Images)

Only a few days after Jeremy Hunt was appointed by Liz Truss to replace her former chancellor Kwasi Kwarteng, he has torn up the new prime minister’s flagship mini-Budget.

Hunt has decided quickly to calm financial markets to try and bring some stability to a government that has been crippled by a crisis of its own making.

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Nic studied for a BA in journalism at Cardiff University, and has an MA in magazine journalism from City University. She has previously worked for MoneyWeek.