“The prime minister is not under a desk. I can assure the House.” That was how Penny Mordaunt, the leader of the House of Commons, answered Labour MP Stella Creasy, Read more
Tag: Kwasi
Why Kwasi Kwarteng could not survive the battle with the Bank of England
Jeremy Hunt was appointed U.K. chancellor of the exchequer on Friday after Kwasi Kwarteng was sacked in response to the market’s rebellion over his tax-cutting budget. Kwarteng lasted just 38 Read more
Why Kwasi Kwarteng could not survive the battle with the Bank of England
Jeremy Hunt was appointed U.K. chancellor of the exchequer on Friday after Kwasi Kwarteng was sacked in response to the market’s rebellion over his tax-cutting budget. Kwarteng lasted just 38 Read more
Kwasi Kwarteng’s ouster was driven by financial markets rejection of tax cuts
Kwasi Kwarteng was ousted by U.K. Prime Minister Liz Truss as chancellor of the exchequer on Friday, capping a chaotic spell after planned tax cuts were rejected by financial markets. Read more
Next U.K. chancellor set to be fourth in four months as Kwasi Kwarteng confirms exit
Prime Minister Liz Truss has asked Kwasi Kwarteng to step aside as Chancellor of the Exchequer, he confirmed on Friday. Truss is poised make a public statement later today, which Read more
Kwasi Kwarteng says he has accepted decision to stand aside as chancellor
In a statement, the now-former Chancellor of the Exchequer Kwasi Kwarteng says he has accepted the decision by U.K. Prime Minister Liz Truss to leave. Kwarteng says Truss’s vision of Read more