New U.K. Chancellor Jeremy Hunt Seen as Moderate in Bid to Appease Markets
Jeremy Hunt #JeremyHunt
LONDON—Jeremy Hunt, a quietly spoken veteran Conservative lawmaker, is now the U.K. Chancellor of the Exchequer, given the difficult job of trying to restore the British government’s credibility with investors after
weeks of political chaos.
Prime Minister Liz Truss on Friday called Mr. Hunt “one of the most experienced and widely respected government ministers and parliamentarians” after firing her longtime allyKwasi Kwarteng from the treasury role.