Watch live as Liz Truss holds a press conference after Kwasi Kwarteng’s resignation.
The decision follows weeks of economic turbulence caused by the government’s mini-Budget, which sent the pound into freefall.

Ms Truss is expected to announce a major U-turn on her former chancellor’s plan in a press conference at 2pm on Friday (14 October).

Less than 24 hours before being sacked, Mr Kwarteng assured reporters that he was “100 per cent” going to be continuing in the job

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