London | Britain’s new Chancellor of the Exchequer, Jeremy Hunt, says the government went “too far, too fast” in its drive for growth after Prime Minister Liz Truss was forced to sack his predecessor and make U-turns on tax-cutting plans amid market turmoil.
Ms Truss appointed Mr Hunt on Friday to replace Kwasi Kwarteng, and said she was scrapping parts of their controversial economic package announced only three weeks earlier, which included billions of pounds of unfunded tax cuts.
