Jeremy Hunt has only been Chancellor for a few days. But on Monday he set about reversing almost everything that was in the prime minister’s policy platform. Is Liz Truss really still in charge of the country?
Last week Liz Truss sacked her friend Kwasi Kwarteng, the chancellor, after the pair’s mini-budget left the markets – and her party – reeling. Instead, Jeremy Hunt became the fourth chancellor in as many months, and set about dismantling Truss’s economic plans.
In an announcement on Monday, he scrapped plans to cut income tax and said the energy price freeze would only remain in place until April. And when Labour tabled an urgent question in parliament that afternoon, Truss was nowhere to be seen.