In a desperate attempt to stabilise the financial markets Jeremy Hunt, the newly appointed Chancellor, has reversed “almost all” of the tax cuts announced in the government’s mini-Budget just three weeks ago.Anoosh Chakelian and Harry Lambert discuss the measures announced in Hunt’s emergency statement this morning, reports that he is now acting effectively as a caretaker PM, and who would succeed Liz Truss should she be ousted.In You Ask Us, a listener asks if the Tories can get away with switching leader again without calling a general election.If you have a question for You Ask Us, go to newstatesman.com/youaskusPodcast listeners can subscribe to the New Statesman for just £1 a week for 12 weeks using our special offer. Just visit newstatesman.com/podcastoffer. Hosted on Acast. See acast.com/privacy for more information.