UK government U-turns on tax policy and replaces finance minister amid market turmoil

Kwasi Kwarteng resigns as Chancellor of the Exchequer at Liz Truss's request, and plans to reverse an increase in corporation tax have been scrapped. The BBC's business correspondent Theo Leggett reports on the latest developments as we hear from Shanti Keleman, Investment Director at Brown Shipley, about the impact the government's U-turn is having on the markets. We also explore the political implications with former Conservative member of Parliament David Gauke, and Jagjit Chadha, director of the National Institute of Economic and Social Research in the UK, tells us about the potential consequences to the country's economy.