Kwasi

Former UK chancellor Kwasi Kwarteng said he warned ex-premier Liz Truss she needed to “slow down” her economic plans, and told her she was “mad” to fire him. In his first interview since he was sacked in October, Kwarteng told TalkTV they…

Chancellor Kwasi Kwarteng is to rush forward his new debt-cutting plan — and accompanying official forecasts — to October 31, as part of a broad effort to reassure markets the UK has a grip on public finances.The move comes as the…

The chair of the Labour party has written to her Conservative counterpart calling on him provide a full list of attendees at a private champagne reception attended by Kwasi Kwarteng just hours after his controversial “mini”…

Kwasi Kwarteng, chancellor, is set to appoint an outside candidate to replace Sir Tom Scholar as the Treasury’s chief civil servant, in a move that would mark another symbolic break with Whitehall orthodoxy.Antonia Romeo, permanent…

Hours after delivering his not-so “mini” Budget last week, Kwasi Kwarteng crossed the road to a small Westminster pub. As the pound crashed to its lowest level since 1985, the UK chancellor sank pints with his economic aides,…

UK prime minister Liz Truss and chancellor Kwasi Kwarteng will on Friday try to reassure markets they are serious about bringing down Britain’s debt when they meet the Office for Budget Responsibility, the official forecaster.The…

Sterling briefly recovered against the US dollar to levels before Chancellor Kwasi Kwarteng delivered the UK government’s “mini” Budget last Friday, as recent support measures helped bolster sentiment.The pound rose as much as 0.8…

UK chancellor Kwasi Kwarteng raced on Tuesday to reassure top bosses in the City of London and unsettled Tory MPs that his economic strategy would work after days of turmoil in financial markets.Kwarteng told a group of leading…

UK chancellor Kwasi Kwarteng will on Friday attempt to deliver shock treatment to Britain’s stagnating economy, with a 30-point growth package to turn “the vicious cycle of stagnation into a virtuous circle of growth”.Kwarteng’s…

Chancellor Kwasi Kwarteng will announce measures on Friday to pressure more workers claiming universal credit to increase their hours or face a cut in their benefits.The move is part of an effort by Liz Truss’s new administration to…