Summary

RECAP: Kwasi Kwarteng SACKED and Liz Truss hosts press conference

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  • Downing Street has confirmed that Kwasi Kwarteng has been sacked and Jeremy Hunt has been confirmed as the successor.
  • Truss to keep the increase in corporation tax in U-turn
  • This is the fourth Chancellor in four months.
  • Senior Tory MPs say the sacking of the Chancellor will prompt them to come out publicly next week and call on Truss to resign.
  • Westminster parties and MPs have called for a general election

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