UK economic and political system in chaos
Today's action-packed show comes to you live from the International Monetary Fund meeting in New York, which was abuzz with the news that UK Prime Minister Liz Truss had just fired Chancellor Kwasi Kwarteng and replaced him with Jeremy Hunt. Truss also revealed she was scrapping plans to reverse an increase in business taxes, a move that will save \xa318 billion ($20 billion), after a revolt by investors and members of her own Conservative Party worried about the impact of soaring government borrowing at a time of decades-high inflation.\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\nLearn more about your ad choices. Visit megaphone.fm/adchoices