New UK finance minister Hunt reverses Truss's economic plan in dramatic U-turn

New UK finance minister Hunt reverses Truss's economic plan in dramatic U-turn

Levin

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18-10-2022, 08:34 AM

October 18, 20222:45 AM GMT+8Last Updated 6 hours ago
By William Schomberg, Kylie Maclellan and Elizabeth Piper

Hunt reins in vast energy support programme
Hunt reverses "nearly all" of Truss's tax-cutting plan
Announcement is two weeks earlier than scheduled
Sterling rises, bond prices rally

https://www.reuters.com/world/uk/new-uk-...022-10-16/

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