Today, Kwasi Kwarteng was sacked as chancellor, just three weeks after his mini-budget unleashed pure chaos onto the UK economy.

Mr Kwarteng was appointed to the role by Liz Truss only 38 days ago, the sacking has made him the second-shortest serving chancellor after Iain Macleod, who unfortunately died a month after being handed the job.

Number 10 announced an hour after his sacking that he will be replaced by Jeremy Hunt.Mr Kwarteng's downfall was sparked by the mini-budget on 23 September, in which he announced £45bn in unfunded tax cuts.The mini-budget led to the pound being pushed to an all-time low against the dollar, thus sending the cost of government borrowing and mortgage rates up and leading to intervention by the Bank of England.

Chris Philp, who was heavily involved in plans for the mini-budget, has also lost his job as chief secretary to the Treasury but has been moved to the Cabinet Office as paymaster general."You have asked me to stand aside as your chancellor. I have accepted." Mr Kwarteng said. He further claimed that he accepted the role "in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices".