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Kwasi Kwarteng

How Liz Truss plunged the UK to the brink of recession in just one month

Britain’s new prime minister, Liz Truss , has been in office for less than a month, but her premiership...

Bank of England in £65bn scramble to avert financial crisis

The Bank of England has been forced into emergency action to halt a run on Britain’s pension funds after...

Bank launches emergency intervention in markets after Kwarteng mini-budget

The Bank of England has taken emergency action to calm turmoil in financial markets amid the collapse in the...

Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England

A senior Bank of England official has warned “significant” increases in interest rates will have to be imposed by...

Virgin Atlantic chief: UK government should reverse course as pound slumps

Virgin Atlantic has urged the government to consider “reversing course” after the mini-budget, with the collapsing pound massively driving...

Kwasi Kwarteng mulls more beneficial tax cuts for high earners

The government is considering a series of further tax cuts that could hand thousands of pounds to high earners,...

Kwarteng: UK economy must expect more tax cuts and deregulation

Liz Truss plans to radically reshape the UK economy with even more tax cuts and fewer regulations, her chancellor...

Kwarteng accused of reckless mini-budget for the rich as pound crashes

Kwasi Kwarteng has been accused of delivering a reckless mini-budget for the rich after his £45bn tax-cutting package sent...

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