Tag: Kwesi Kwarteng
Features
‘It’s a matter of survival for her now’ – would ousting her chancellor be enough to save Truss?
Discussion is happening at all levels in the Conservative party about whether the prime minister can survive – even if she replaces her chancellor.As...
World
Bank of England to stop government bond-buying scheme today
Pressure on gilts - UK government bonds - eased on Thursday as the Bank of England sought to steady market sentiment by increasing its...
World
Senior Tory MPs pressuring Liz Truss to reconsider tax cuts
Some senior Conservative MPs have said that the government may need to reconsider its tax-cutting proposals in order to calm the financial markets and...
World
Mortgage guarantee scheme: Lenders push Chancellor Kwasi Kwarteng for extension
The UK's biggest mortgage lenders will urge the chancellor to extend a government home loans initiative that helps first-time buyers get onto the property...
World
Mini-budget U-turn: Kwarteng acknowledges ‘tough’ day in conference speech
Giving his keynote Conservative Party conference speech following the 45p tax rate cut U-turn earlier this morning, Kwasi Kwarteng began by saying: "What a...
World
Kwasi Kwarteng changes his mind about a 45-cent tax rate
The chancellor stated that the government has changed its mind about wanting to eliminate the 45p income tax rate.Kwasi Kwarteng told the BBC the...
World
Dorries alleges that Truss threw Kwarteng ‘under a bus’
Former culture secretary Nadine Dorries has said that Liz Truss has "thrown under a bus" her chancellor, Kwasi Kwarteng.It comes after a morning interview...
World
Tax cuts pledge: Liz Truss acknowledges disruption
After the mini-budget, Prime Minister Liz Truss acknowledged there had been "disruption" in the UK economy.She declared in a letter to The Sun that...
World
Autumn storm clouds are thickening thanks to Truss and Kwarteng’s mini-budget
For more than six decades, some of the UK's most devastating economic events have happened under an autumn cloud. Is history repeating itself?
The poet...
World
Liz Truss had to be convinced to issue statement amid market turmoil after mini-budget
The prime minister's initial instinct had been to stand firm and say little or nothing while faced with market turmoil, spiking borrowing costs, and...