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The U.K. prime minister fires her finance chief and nixes tax cuts to calm markets

Journalists raise their hands for questions as Britain's Prime Minister Liz Truss holds a news conference in the Downing Street Briefing Room in central London, Friday. Truss let go her finance chief Kwasi Kwarteng and reversed course on sweeping tax cuts. (AP)
Journalists raise their hands for questions as Britain's Prime Minister Liz Truss holds a news conference in the Downing Street Briefing Room in central London, Friday. Truss let go her finance chief Kwasi Kwarteng and reversed course on sweeping tax cuts. (AP)

This article was originally published on October 14, 2022.

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