'I want to be honest, this is difficult': Liz Truss confirms U-turn after sacking chancellor Kwasi Kwarteng

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'I want to be honest, this is difficult': Liz Truss confirms U-turn after sacking chancellor Kwasi Kwarteng
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Ms Truss said she was 'incredibly sorry' to lose her good friend Mr Kwarteng, and confirmed that she had appointed Jeremy Hunt in his place

Ms Truss said Mr Hunt is"one of the most experienced and widely respected government ministers and parliamentarians, and he shares my convictions and ambitions for our country".But she refused to take responsibility for any of the economic turmoil the mini-budget caused, saying:"It is clear that parts of our mini-budget went further and faster than markets were expecting, so the way we are delivering our mission now has to change.

"I am determined to see through what I've promised - deliver higher growth, a more prosperous United Kingdom," she insisted.Click to subscribe to the Sky News Daily wherever you get your podcasts And asked if she would apologise after former Tory chancellor Philip Hammond said she had trashed the party's winning reputation for economic competence, she refused."We need to have a high growth economy, but we have to recognise that we are facing very difficult issues as a country."

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