Five of the most drastic U-turns in British politics

Liz Truss replaces her chancellor and scraps his corporation tax proposals

Liz Truss speaks at Downing Street press conference
Liz Truss will reverse her promise to freeze corporation tax
(Image credit: Daniel Leal / POOL / AFP via Getty Images)

Liz Truss has sacked her chancellor, Kwasi Kwarteng, and announced a reversal of their promise to freeze corporation tax.

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