Why was Kwasi Kwarteng sacked and Jeremy Hunt appointed as the UK finance minister?
I'm struggling to get from the news headlines why Kwasi Kwarteng was sacked. Wasn't Liz Truss the actual policymaker? Did the fact that they're friends mean that he had more autonomy to make his own decisions? Or is a Chancellor expected to have their own policy? Maybe it was meant as a desparate statement to her party in a hope that they won't dispose her too quickly?
And why Jeremy Hunt was appointed as he didn't do well at all in the leadership contest?
I am interested mainly in facts, but in the absence of those likely explanations are welcome.