UK Prime Minister Liz Truss fired Chancellor of the Exchequer Kwasi Kwarteng and replaced him with former Foreign Secretary Jeremy Hunt as she prepared to make a humiliating U-turn on parts of her economic plan.

The move follows weeks of market and Conservative Party pressure on Truss to explain how she’ll pay for a massive package of tax cuts.

“It is important now as we move forward to emphasize your government’s commitment to fiscal discipline,” Kwarteng said in a letter to the prime minister, confirming she had asked him to step down.

But Kwarteng’s departure is a major blow to Truss after less than six weeks in office, and leaves her in a precarious position, with Tories openly plotting against her. The two politicians had portrayed themselves as being in lockstep on the economy, and had staked their reputations on an all-out push for growth when the now former chancellor announced the biggest set of unfunded tax cuts in half a century on Sept. 23.

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