Kwasi

UK chancellor Kwasi Kwarteng returned to the UK on Friday for crisis talks with prime minister Liz Truss, as expectations mount of a government U-turn on £43bn of unfunded tax…

Kwasi Kwarteng will need to announce a fiscal tightening of more than £60bn if he wants to convince investors that he can stabilise the UK’s public finances, according to a leading…

Liz Truss and Kwasi Kwarteng have dropped plans to scrap the 45p rate of income tax following a revolt by Tory MPs. Kwarteng, the chancellor, said on Twitter: “It is clear that the…

Kwasi Kwarteng has insisted that the government’s tax-cutting agenda is not radical as he dismissed the reaction on the markets as a “little turbulence”. The chancellor addressed Tory…

The chair of the Labour party has written to her Conservative counterpart calling on him provide a full list of attendees at a private champagne reception attended by Kwasi Kwarteng…

Kwasi Kwarteng, chancellor, is set to appoint an outside candidate to replace Sir Tom Scholar as the Treasury’s chief civil servant, in a move that would mark another symbolic break…

Hours after delivering his not-so “mini” Budget last week, Kwasi Kwarteng crossed the road to a small Westminster pub. As the pound crashed to its lowest level since 1985, the UK…

UK prime minister Liz Truss and chancellor Kwasi Kwarteng will on Friday try to reassure markets they are serious about bringing down Britain’s debt when they meet the Office for…

Sterling briefly recovered against the US dollar to levels before Chancellor Kwasi Kwarteng delivered the UK government’s “mini” Budget last Friday, as recent support measures helped…

Some Conservative MPs on Wednesday claimed chancellor Kwasi Kwarteng cannot survive the market turmoil unleashed by his new economic plan, with one former cabinet minister saying: “I…