UPDATE: Jeremy Hunt replaces Kwasi Kwarteng as new UK Finance Minister
UK Prime Minister Liz Truss has appointed Jeremy Hunt, the former health and foreign secretary, as the new Finance Minister to replace sacked Kwasi Kwarteng.
According to BBC, Ed Argar will take over chief secretary to the treasury – the second in command over the country’s finances.
Argar will be moving from his role at the Cabinet Office as paymaster general, swapping roles with his predecessor Chris Philp, who becomes the new paymaster general, the BBC report added.
It has been reported that Kwarteng lost his job just three weeks after he announced unfunded tax cuts that triggered financial turmoil.
598306 476540Generally I do not read post on blogs, nonetheless I would like to say that this write-up very forced me to check out and do so! Your writing taste has been surprised me. Thank you, quite great post. 58694