So, the chancellor, Jeremy Hunt, has abandoned almost all the measures announced by his predecessor Kwasi Kwarteng – a spectacular ‘about face’ rarely seen in public life.
So just where does it sit in the pantheon of embarrassing U-turns?
Here are some other ‘hall of famers’ – from politics, the arts and business.
How Liz Truss must have wanted to take a leaf out of this book. Bobby Ewing (Patrick Duffy) was one of the most popular characters of the long-running US soap opera, Dallas. Killing him off in the final episode of the 1984–1985 season proved to be a big mistake – so the writers decided to bring him back at the end of the next season.
Appearing in a now famous shower scene, his death, and all the events that happened thereafter, were put down to being part of a bad dream of his former wife, Pam.
In another 1980s blunder, executives at The Coca-Cola Company decided to mess with a 99-year-old recipe that was beloved around the world, fearing its rival Pepsi Cola had a tastier product. In April 1985, to much fanfare, a sweeter, more flavoursome new Coke launched. One executive called it “the surest move ever made”, while another said: “I’ve never been as confident about a decision as I am about the one we’re announcing today.”
A grand total of 79 days – and 8,000 daily complaints – later, the old recipe came back out of the vault with a grovelling “sorry”.
Yes he did. In 1998, Bill Clinton boldly and stridently claimed he “did not have sexual relations with that woman”, his young intern Monica Lewinsky. Of course, he was lying and after months of the walls closing in he was forced to admit in a White House address the truth, that he had “sinned”. Thankfully for Clinton, this was the 90s and he was the US president, so the
Read more on theguardian.com