News > Jeremy Hunt is fourth UK finance minister after Kwasi Kwarteng 

Jeremy Hunt is fourth UK finance minister after Kwasi Kwarteng 

Kwasi Kwarteng, the UK Finance Minister, was ousted on Friday amid market and political pressure following less than six weeks in the role and was replaced by former foreign minister Jeremy Hunt.

Liz Truss is set to announce that the government will abandon the important fiscal policy pledges laid out in the former Finance Minister's controversial 'mini-budget', which included large quantities of underfunded tax cuts.