As U.K.'s Truss fights for job, new finance minister says she made mistakes

In an attempt to appease financial markets that have been in turmoil for three weeks, Truss fired Kwasi Kwarteng as her chancellor of the exchequer on Friday and scrapped parts of their controversial economic package.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

She said Hunt would lay out at the end of the month the plan to get national debt down “over the medium term.” “We will have some very difficult decisions ahead,” he said. “The thing that people want, the markets want, the country needs now, is stability.”

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As U.K.'s Truss fights for job, new finance minister says she made mistakesBritain\u0027s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed.
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