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Weekend: Can new UK Finance Minister calm the markets?

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Can new UK Finance Minister calm the markets?

15/10/2022 GMT

BBC World Service - Weekend, Can new UK Finance Minister calm the markets?

Britain has a fourth Finance Minister in as many months, can he bring fiscal discipline?

Britain's Prime Minister, Liz Truss has sacked her Finance Minister - Kwasi Kwarteng just thirty-eight days into his tenure.  His departure came as the prime minister's economic growth plan and political credibility are being called into question.  Mr Kwarteng has been replaced by the former Foreign Secretary, Jeremy Hunt. Can he restore calm to the British economy?

Also in the programme: Xi Jinping is on the cusp of getting a third term as President of China; the human cost of Russian missile strikes this week as one of those killed was a leading Ukrainian specialist in childhood cancers, Dr Oksana Leontieva.

Joining Rebecca Kesby to discuss these and other stories are Helene von Bismarck, a German historian and author specialised in Britain’s international relations; and Rana Mitter, Professor of the History and Politics of Modern China at Oxford University.

(Photo: New Chancellor of the Exchequer Jeremy Hunt arrives at Downing Street in London, 14 October 2022. Credit: Reuters/Henry Nicholls)

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