World Oct 17

British Chancellor of the Exchequer Jeremy Hunt speaks at the House of Commons, in London, Britain, October 17, 2022. Photo provided by UK Parliament/Jessica Taylor/Handout via REUTERS
New UK Treasury chief reverses controversial economic plan

Chancellor of the Exchequer Jeremy Hunt, said he was scrapping “almost all” of Truss' tax cuts, along with her flagship energy policy and her promise — repeated just last week — that there will be no public spending cuts.