Britain's finance minister Kwasi Kwarteng has been sacked after less than six weeks in the job, the BBC reported on Friday, as the government's massive tax cuts sparked financial market turmoil.
Kwarteng is no longer chancellor of the exchequer, the BBC said. The Times newspaper reported earlier that Kwarteng was expected to be sacked.
His sacking makes Kwarteng Britain's shortest serving chancellor since 1970, and his successor would be the UK's fourth finance minister in as many months as the nation grapples with a cost-of-living crisis.
More details to follow.
72 killed in Israeli attacks on Lebanon as it warns residents to leave south
Landslide kills over 200 people at Congo's Rubaya mine
80 people killed after US sinks Iranian warship
Emergency GCC-EU meeting to discuss Iranian aggression
Omani navy rescues cargo ship crew after missile strike
