Description of mini-budget as ‘seismic’ in one pro-Tory paper proved correct – though perhaps not in the intended sense
In a final blow to so-called Trussonomics, the chancellor, Jeremy Hunt, has announced he is reversing almost all the tax measures in his predecessor’s mini-budget.
In less than four weeks, it damaged the UK’s reputation across the world, caused untold carnage on the financial markets and left the prime minister clinging on by her fingertips.