UK PM fires finance minister Kwarteng

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, the BBC reported, shortly before she is expected to scrap parts of his economic package in a bid to survive the market and political turmoil gripping the country.
Downing Street confirmed that Truss, in power for only 37 days, would hold a press conference later on Friday after Kwarteng was forced to rush back to London from IMF meetings in Washington.
The BBC said Kwarteng had been sacked. Downing Street declined to comment.