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UK Prime Minister Liz Truss announces mini-budget U-turn and new chancellor – BBC News

Posted on December 7, 2022 By NewsEditor
UK Prime Minister Liz Truss announces mini-budget U-turn and new chancellor – BBC News



UK Prime Minister Liz Truss has announced Jeremy Hunt as the new Chancellor of the Exchequer after sacking Kwasi Kwarteng.

In a press conference, she also announced a U-turn on corporation tax in order to “reassure the markets of our fiscal discipline”.

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