Let’s head back to London now, the chancellor has declined to comment on reports that the pound hit an all-time low after his mini-budget.
Approached by a BBC journalist, while walking between government buildings, Kwasi Kwarteng is asked: “Chancellor, what are you doing to do about the turmoil in the markets this morning, sir?”
Refusing to answer, the Tory MP replies: “I’m not going to make any comment now.”
The reporter continues, asking what conversations Kwarteng is having with the Bank of England. He also asks if the chancellor has anything to say about what’s going on.
“Are you going to reverse your announcement that you made last Friday?” the reporter asks, referring to the mini-budget, to which Kwarteng says only: “I’m just going to my office now, thanks.”