Liz Truss has sacked her friend and neighbour Kwasi Kwarteng as chancellor after their mini-budget caused turmoil in financial markets.
Friends for over a decade and described by some as"ideological soulmates" and"Batman and Robin", Ms Truss and Mr Kwarteng even live on the same street in Greenwich, south London.
Describing it as the"biggest package in generations", he tells MPs he"won't apologise" for trying to deliver growth with a series of dramatic tax cuts.
Interest - or yields - on 10-year UK government bonds - or gilts - hit their highest since 2010 at 4.15%.
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