Tag: Chancellor Kwasi Kwarteng
World
Liz Truss allegedly attempted to recruit friends to the UK House of Lords
Liz Truss has come under fire for allegedly recommending four close friends for peerages as part of her resignation honours in an effort to...
Business
Former British-Ghanaian UK finance minister Kwarteng admits to having been ‘carried away’
Kwasi Kwarteng, the former Chancellor of the Exchequer of the United Kingdom, has acknowledged that he "got carried away" while holding the position.The former...
World
Market forecasts for the Bank of England rate are at their lowest since the mini-budget
Market estimates for the Bank of England's bank rate are at their lowest since the mini-budget, which is excellent news for individuals with mortgages.Market...
World
‘Changing the chancellor will not get the PM off the hook’ – MPs react to sacking
Labour and Lib Dem MPs are weighing in with their opinions on the recent sacking of Kwasi Kwarteng as chancellor.Jeremy Hunt was announced as...
World
‘Changing the chancellor doesn’t undo the damage that’s been done’ – Reeves
Labour MP Rachel Reeves has spoken out since the news that Kwasi Kwarteng has been sacked by Liz Truss as chancellor. Ms Reeves says that...
Features
Tax U-turn tax might steady markets but would be politically damaging
Nothing is inevitable in politics, but if the markets are expecting a U-turn and there isn't one, then the situation could get worse both...
Business
Jacob Rees-Mogg criticised over mini-budget claims
Jacob Rees-Mogg's claims recent economic turmoil is not linked to the mini-budget have been criticised.The business secretary said market volatility could be due to...
Business
Bank of England’s warning pension help to end worries investors
After the Bank of England reiterated that its emergency bond-buying program will end this week and denied rumours that it would be prolonged, investors...
World
Mini-budget: Pensions faced being wound up after economy turmoil
Pensions faced being wound up due to the turmoil in the markets following the mini-budget, the deputy governor of the Bank of England has...
World
Kwarteng will meet with high street bank executives despite the mortgage market’s freeze
In response to worries about how the current market upheaval would affect the provision of home loans, the chancellor will meet with executives from...