What Hunt as chancellor means for your finances
After weeks of turmoil Jeremy Hunt has been appointed Chancellor to replace Kwasi Kwarteng.
Prime Minister Liz Truss has also this afternoon announced another U-turn on Kwarteng's mini-Budget; this time scrapping plans to stop corporation tax from rising next April.
The pound has today fallen further against the American dollar as currency investors grow nervous over continued political uncertainty plaguing the UK.
Others are more optimistic: the FTSE 100, London's benchmark index, has rallied as stock investors hope that the Government will backtrack on controversial economic policies announced just three weeks ago in the mini-Budget.
But are the changes in Westminster today good or bad for your wealth? Telegraph Money explains.
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The Prime Minister will now go ahead with ...