Kwarteng Out, Embattled Truss U-Turns Again, Bank Earnings (Podcast)

In a whirlwind day, Prime Minister Liz Truss announced that Kwasi Kwarteng will be replaced as Chancellor of the Exchequer by Jeremy Hunt. She also scrapped her plan to freeze corporation tax. Hosts Guy Johnson and Alix Steel discuss with Bloomberg's Joe Mayes, Bloomberg's David Goodman and Bloomberg Opinion's John Authers. They also spoke about bank earnings with Bloomberg's Sonali Basak and markets with Bloomberg's Jess Menton.