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Chancellor Kwasi Kwarteng confirms sacking in a tweet
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Prime Minister Liz Truss has fired Chancellor Kwasi Kwarteng, the Times reported. Kwarteng confirmed the news in a tweet.
The move means Kwarteng is now on record for serving the shortest time as chancellor.
It comes amid pressure and international criticism of damage to the country’s economy on the back of £43bn in unfunded tax cuts.
Read more on fnlondon.comAbout this in other media
U.K. Treasury Chief Kwasi Kwarteng Fired Amid Market Pressure wsj.com /1 year ago
UK finance minister Kwasi Kwarteng to be sacked, according to media reports euronews.com /1 year ago
Liz Truss to sack Kwasi Kwarteng ahead of corporation tax U-turn theguardian.com /1 year ago
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