Politics: Prime Minister Liz Truss U-turns on corporation tax change after Kwasi Kwarteng axed

Liz Truss held an impromtu press conference at after sacking Chancellor Kwasi Kwarteng.

Truss announced plans to raise corporation tax as she abandons key parts of her mini-budget.

The new Prime Minister hopes this will reassure the markets, although the pound plummeted after the announcement the Chancellor was sacked.

#liztruss #minibudget #kwasikwarteng