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less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as chancellor he has gone sacked by liz truss after he flew back early from washington for crisis talks. 3 weeks of turmoil on the financial markets has culminated in the prime minister announceing a second major u turn on her economic plans for growth corporation tax will now rise in april after all. she has sacked the chancellor and named a new one jeremy hunt the 4th this year. at a very short press conference this afternoon liz truss was repeatedly asked about her credibility as prime minister and why she was remaining in the job. let s take a listen to what she had to say. my my conviction to this country needs to go for growth and is rooted in my personal experience. i know what it s like to grow up somewhere that isn t feeling the benefits of growth and i so what that meant and i m not prepared to accept that for our country. i want a country where people can get good jobs and ....
the islamic republic, as protesters again take to the streets. and the actor robbie coltrane, who played hagrid in the harry potter films, has died aged 72. welcome and thank you. less than 2a hours after kwasi kwarteng insisted he was 100% safe in his job as uk chancellor, he has gone sacked by liz truss after he flew back early from washington. in a day of political drama, the prime minister also reversed another of her key tax policies in an attempt to calm the financial markets. our political editor, chris mason reports. turning up for another u turn, the prime minister invited reporters to downing street this afternoon and scrapped one of her key policies that she s championed for months. it is clear that parts of our mini budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change. i have therefore decided to keep the increase in corporation tax that was planned by the previous government. this wil ....
new cabinet later today. one of the most pressing issues she will face is how to deal with soaring energy bills. details are beginning to emerge of a plan that could see energy bills frozen at their current levels for 18 months. we ll hear from voters about what they want from the new prime minister. i feel like there needs to be somebody who is a little bit more honest, a bit more transparent and has a goal that is going to make the world a better place for this generation because, as a mother, i m really worried with the cost of living, with everything. good afternoon once again from downing street on the day a new prime minister is installed at number 10, succeeding borisjonhnson, who left office this morning. liz truss the new conservative leader elected yesterday saw her majesty the queen at balmoral castle in aberdeenshire earlier today and accepted the invitation to form a government. she s expected to give her first address as prime minister here in downing ....
Is kwasi kwarteng, he is currently the business secretary, a long standing ally of liz truss, he is her neighbour at the moment, by the way, they live in the same street in london and they will be neighbours in downing street by the end of the day as well. the word from sources close to him as he is completely at one with ms truss, he sees himself as second to her, first lord of the treasury it says on the number 10 door, lord of the treasury it says on the numberio door, he lord of the treasury it says on the number 10 door, he sees himself as the second lord of the treasury looking after her interests. so the idea is for a very close relationship, although we have heard that before and it doesn t always pan out that way. the foreign secretary, the man who will be in the foreign office behind us is james cleverly. currently the education secretary. he was a junior minister under ms truss in the foreign office so fairly certain he will get thatjob and is very likely the home secretary ....