UK’s Truss sacrifices close friend Kwarteng over unloved fiscal plan
By Alistair Smout and Elizabeth Piper LONDON (Reuters) – He was one of her closest friends and supporters, but Prime Minister Liz Truss sacked Britain’s …
kwarteng
Jeremy Hunt replaces Kwarteng as Britain’s finance minister
LONDON (Reuters) -Former foreign minister Jeremy Hunt has been appointed Britain’s finance minister, Prime Minister Liz Truss’s office said on Friday, following Kwasi Kwarteng’s resignation …
UK’s Kwarteng heads home early amid reports of fiscal policy U-turn
By William Schomberg and David Lawder LONDON/WASHINGTON (Reuters) -British finance minister Kwasi Kwarteng cut short his trip to Washington for this week’s global finance minister …
UK finance minister Kwarteng: We are reversing abolition of 45p tax rate
LONDON (Reuters) – British finance minister Kwasi Kwarteng said on Monday the government was reversing its plan to scrap the highest rate of income tax. …
Britain’s Kwarteng doubles down on tax cuts, promises fiscal discipline
By Alistair Smout and Elizabeth Piper BIRMINGHAM (Reuters) – British finance minister Kwasi Kwarteng will vow on Monday to stay the course with his planned …
Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink …
UK’s Kwarteng tries to reassure bankers, gets nervous response
By William James, Huw Jones and Sinead Cruise LONDON (Reuters) -British finance minister Kwasi Kwarteng sought to reassure investment bank executives on Wednesday the government …
New finance minister Kwarteng gives UK PM Truss key ally in economic storm
By Alistair Smout, Elizabeth Piper and Sinead Cruise LONDON (Reuters) – In Kwasi Kwarteng, Prime Minister Liz Truss has picked an ideological ally as Britain’s …