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British-born Ghanaian Kwasi Kwarteng fired as UK finance minister after 6 weeks in office

British-born Ghanaian UK Finance Minister, Kwasi Kwarteng, has been relieved from his post by the British Prime Minister, Liz Truss. According to a Reuters report...

Kwarteng said he was fleeing US for ‘important talks’ – he was fired 10 hours later

What an unusual night it was. The British diplomatic service copes well with fast-changing plans... and for the staff of the British Embassy in Washington,...

Truss says she ‘acted decisively’ and in ‘national interest’

Liz Truss says she "acted decisively" as her first consideration is what is in the national interest. Asked why she should stay as prime minister...

PM ‘incredibly sorry’ to lose Kwarteng – but Hunt is ‘experienced and widely respected’

PM Liz Truss says she met the "former chancellor" Kwasi Kwateng today.  "I was incredibly sorry to lose him," she says. "He is a great friend...

Truss confirms corporation tax U-turn

Liz Truss is now giving a press conference in Downing Street. She has confirmed that the corporation will rise to 25% from 19% in a...

Minister congratulates Hunt on new role as chancellor

Justice Secretary Brandon Lewis is the first cabinet minister out of the blocks to congratulate Jeremy Hunt on his appointment as chancellor this afternoon. "Congratulations...

‘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...

Lively scenes outside Downing Street ahead of PM press conference

Liz Truss is due to give a press conference in the Downing Street briefing room in just under half an hour's time. Our political correspondent...

Chris Philp moved from Treasury to Cabinet Office, Sky News understands

Mr Philp is understood to have been the pioneer behind the government's mini-budget plan to scrap the 45p tax rate for highest earners, which was...

Who could replace Kwarteng?

After sacking Kwasi Kwarteng as chancellor after just 38 days in the job, Liz Truss now has to appoint his successor. But who could she...

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