Flashback: Hunt demands 15p corporation tax
Kwasi Kwarteng, we hardly knew ye. After 38 days, the Chancellor was unceremoniously axed from his post today as Liz Truss desperately tries to rescue her crumbling premiership. Memorable highlights of his five-week stint include the mini-Budget, firing Tom Scholar and being mistaken for Bernard Mensah. Indeed, the official mourning period appears in retrospect to have been the honeymoon of his tenure. Kwarteng and Truss were elected to parliament on the same day and have been close friends for more than a decade. They were co-authors, co-founders and successive leaders of the Free Enterprise Group, allies through the long years of May and Johnson. And yet that didn't stop her from sacking him as her no 2 and the next-door neighbour.