British Chancellor of the Exchequer Jeremy Hunt speaks during an interview outside the BBC headquarters in London on Saturday. Photo: Reuters
British Chancellor of the Exchequer Jeremy Hunt speaks during an interview outside the BBC headquarters in London on Saturday. Photo: Reuters
Britain

UK’s new finance minister scraps most of PM Liz Truss’ ‘mini-budget’, scales back energy subsidies

  • Jeremy Hunt said government’s huge energy price cap would only run until April, then it would seek ways to help the most vulnerable households
  • In just 6 weeks, Truss’ economic policies have triggered a financial crisis, multiple U-turns and the firing of a Treasury chief

British Chancellor of the Exchequer Jeremy Hunt speaks during an interview outside the BBC headquarters in London on Saturday. Photo: Reuters
British Chancellor of the Exchequer Jeremy Hunt speaks during an interview outside the BBC headquarters in London on Saturday. Photo: Reuters
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