In her campaign, Lizz Truss made a pledge to the British people that she would radically transform the UK's declining economy with the help of her ex-chancellor Kwarteng. However, in less than one month of her leadership, the British public has been met with incompetency, political carnage and indecisiveness.
On Friday, Kwarteng was sacked following the shock waves and turmoil that his unfunded tax scheme sent through the market. The PM was quick to offer her previous rival, Jeremy Hunt, a job as the new chancellor. But does he have what it takes to revive the PM's career and the UK's economy?
Hunt admits that Truss went "too far, too fast" and completely scrapped her economic policy and promised that there will be no more tax cuts. Hunt is aware that he enjoys the leverage to implement his own economic policy contrary to the Prime Minister, because another resignation from a chancellor will only exacerbate the current state of the economy. Perhaps this is the closest he will come to being PM - for now.
This is evident when Truss insisted in the prime minister's questions that she will not cut public spending, but Hunt was quick to reverse this decision and made clear that there will have to be a cut in spending as part of his austerity measures. Hunt has essentially taken control.
Hunt has said that there will be a cut in public spending, particularly on the NHS. Despite being under pressure from workforce shortages, long waiting lists and low wages for nurses which is all likely to be aggravated this winter. The Royal College of Nursing insisted that the need for more funding in the NHS has never been greater and proposing cuts "does not make sense". Unfortunately, this is something that the British public has been accustomed to under Tory leadership ever since David Cameron's government.
Hunt has also signalled spending cuts on defence as he refuses to commit to the 3% rise of expenditure for defence, despite the tension that the UK are currently under from the Russian-Ukraine war. Defence Secretary Ben Wallace has said that he would resign if Jeremy Hunt scraps the defence spending boost.
At the moment, it is too quick to say whether Jeremy Hunt has what it takes to restore the UK economy as he has made a conscious effort not to commit to any major policy and said he wants "more action" than talking. For now, it is interesting to see how the relationship between the PM and the chancellor plays out.