In full: PM holds press conference after sacking chancellor

Name: In full: PM holds press conference after sacking chancellor
Uploaded: 2022-10-14T15:29:31.000Z
Duration: 4 min 6 s
Description: Liz Truss makes a brief statement following a day of turmoil, announcing a U-turn on a major economic policy.

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The prime minister Liz Truss held a 10-minute press conference after a dramatic day in which she fired Kwasi Kwarteng as chancellor.

Addressing an audience of journalists, the PM said she was "incredibly sorry" to lose Kwasi Kwarteng as chancellor, but added that her newly-appointed Chancellor Jeremy Hunt "shares her vision".

14 October 2022