British Chancellor of the Exchequer Kwasi Kwarteng has been sacked

British finance minister Kwasi Kwarteng has been sacked amid economic and political crisis, several British media outlets have reported. Guardian And BBCFriday, October 14. Former Foreign and Health Secretary Jeremy Hunt was nominated to succeed Boris Johnson this summer.

Prime Minister Liz Truss posted a letter to the head of government on Twitter to address Mr. “You asked me to resign as president [de l’Echiquier]I agreed”He writes after a month as head of the British Treasury.

In this message, Mr. Quarteng explains that he accepted the position “Knowing very well what the situation is [les tories faisaient] With rising interest rates and rising energy prices around the world, it was incredibly difficult to cope”. “Your vision of hope, growth and change is right”He keeps repeating that “Permanence is not an option”.

Liz dress on the hot seat

At the end of the morning, Mr. Quarteng went to 10 Downing Street. On Thursday, he said he was pressured to stay in his post.

His budget plan, announced on September 23, included tens of billions of pounds in tax cuts without clear funding, roiling markets, sending the pound crashing and deeply weakening M’s Dress. On Friday, Mel Streide, chairman of the Treasury Committee in Parliament, appealed for a speedy review of his request. “Mini Budget”.

In the hot seat after thirty-eight days in power, the British Prime Minister will hold a press conference on Friday afternoon. According to the British press, some MPs from his own camp are already working to oust him, with disastrous opinion polls predicting a crushing defeat for a majority ahead of the next general election scheduled for 2024.

read more: The article is reserved for our subscribers In the political and financial impasse, Liz Truss may abandon part of her economic plan

the world

See also  Ukraine: Russian offensive on front lines repulsed according to Kiev

Leave a Reply

Your email address will not be published. Required fields are marked *