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UK Chancellor sacked

Kwasi Kwarteng has been replaced by the former foreign secretary Jeremy Hunt

Britain's Chancellor of the Exchequer, Kwasi Kwarteng, was sacked, weeks after his announcement of unfunded tax cuts triggered turmoil in financial markets. Prime Minister Liz Truss has also reversed her plan to scrap an increase in corporation tax, in an effort to reassure the markets. Mr Truss said her priority was to maintain the UK's economic stability. Our Political Correspondent explains.

The death of Mahsa Amini in police custody one month ago has sparked the biggest anti-government protests for years in Iran.

Across the day, the ÃÛÑ¿´«Ã½ will be bringing special coverage of developments so far. James will be in the ÃÛÑ¿´«Ã½ Persian newsroom talking to colleagues about how they report and explain the protests.

(Photo: Britain's Prime Minister Liz Truss news conference on UK economy, London, United Kingdom - 14 Oct 2022. Credit: Carlos Jasso/POOL/EPA-EFE/REX/Shutterstock)

50 minutes

Last on

Fri 14 Oct 2022 15:06GMT

Broadcast

  • Fri 14 Oct 2022 15:06GMT

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