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Liz Truss appoints Jeremy Hunt as chancellor after sacking Kwarteng

Former foreign secretary and leadership contender is back in cabinet, in stunning reversal of fortune

Jeremy Hunt has been appointed as Liz Truss’s new chancellor, in a stunning reversal of political fortune and a sign that the beleaguered prime minister wants to reach out to other sections of the Conservative party.

Hunt, the former foreign secretary and health secretary, has twice tried unsuccessfully to become Conservative leader.

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