"No government can control the markets. No Chancellor should seek to do that," Hunt told BBC television in an interview broadcast on Sunday.
Truss - who won the leadership of the Conservative Party barely a month ago after promising to slash taxes - fired Kwarteng on Friday and has ditched key parts of the programme they agreed together.
He’ll give to the rich and take from the poor. That’s what CONservatives do world-wide. Great Britain is no exception.
This must be the sunny uplands.
In the UK, we investigate someone for admitting to breaching money laundering legislation and then we make him Chancellor. Due Diligence, it ain't.
The new chancellor was a minister for culture and then the NHS Let him now tell the people how he is going to fund a 2yr energy subsidy without borrowing Also to sustain an increasing military spend in war without borrowing
Hunt has no Treasury or Economic experience so safe to assume he will follow whatever Markets want + BoE looking for excuses for their incompetence
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeremy Hunt replaces Kwarteng as Britain's finance ministerFormer foreign minister Jeremy Hunt has been appointed Britain's finance minister, Prime Minister Liz Truss's office said on Friday, following Kwasi Kwarteng's resignation from the post after less than six weeks in the job. isn't his name cockney for 'cunt'? He should choose his successor too. Looks like a 60 days guy. Six weeks is too less a time to judge performance. Brexit seems to be playing truant.
Source: Reuters - 🏆 2. / 97 Read more »
Jeremy Hunt appointed as Britain's new finance minister – TimesFormer British foreign minister Jeremy Hunt has been appointed as the new finance minister by Prime Minister Liz Truss, Times Political Editor Steven
Source: FXStreetNews - 🏆 14. / 72 Read more »
Jeremy Hunt could become next UK finance minister - TimesFormer British foreign minister Jeremy Hunt will succeed Kwasi Kwarteng as the new finance minister, a reporter for the Times said on Friday, following media reports that Kwarteng has been sacked. Just a quick reminder of who our new Chancellor really is. 👇 A lockdown fetishist who admires China's Covid madness. Unsurprising, given his wife's a Chinese spy. Wow, worse is yet to come Do we get a choice on which biblical plague will follow him? This guy rides the white horse doesn't he?
Source: Reuters - 🏆 2. / 97 Read more »
The U.K. prime minister fires her finance chief and changes course on taxesIn a move to calm financial markets and her own Conservative Party, Prime Minister Liz Truss canceled planned tax cuts for corporations and replaced Kwasi Kwarteng as treasury head with Jeremy Hunt.
Source: KPBSnews - 🏆 240. / 63 Read more »