British Prime Minister Liz Truss has sacked Kwasi Kwarteng after just over a month in the job.
Jeremy Hunt has been named the new British Chancellor.
It follows Kwasi Kwarteng being sacked after just 38 days in the job.
His disastrous mini-budget and the political backlash led to Liz Truss firing him.
Jeremy Hunt is the fourth British chancellor this year.
Minister for Public Expenditure, Michael McGrath, says he isn't overly worried about the contagion of uncertainty impacting the Irish economy: