Kwasi Kwarteng

There could well be a new UK PM by the new year. Yet, remarkable as recent weeks have been, they fit a wider pattern of underlying UK political flux since at least the Brexit referendum in 2016.

BRITAIN’S Finance Minister Kwasi Kwarteng has been sacked after less than six weeks in the job, the BBC reported on Friday (Oct 14), as the government’s massive tax cuts sparked financial market turmo...

British finance minister Kwasi Kwarteng cut short his trip to Washington to return early to London on Friday (Oct 14), where pressure is mounting for the new government to scrap an economic policy tha...

The UK government and Bank of England (BOE) are at loggerheads with barely more than 24 hours until the central bank is set to end the bond-buying programme that it launched to calm investors rattled ...

British government bond prices tumbled on Monday (Oct 10) in a sign that investors are yet to be convinced by Finance Minister Kwasi Kwarteng’s drive to shore up fiscal credibility, which included br...

Britain on Monday (Oct 10) ramped up efforts to calm markets after a heavily criticised budget, with the government bringing forward key economic forecasts and the Bank of England (BOE) boosting liqui...

Britain’s new government said on Wednesday (Oct 12) it would not reverse its vast tax cuts or reduce public spending, as it sought to stand firm in the face of yet more turmoil in financial markets an...

NEW UK Chancellor Kwasi Kwarteng delivers on Friday the first major fiscal event of the new government with the Truss team in a risk-taking mood.

british finance minister Kwasi Kwarteng is expected to meet major high street banks later this week, Sky News reported on Wednesday (Oct 5), saying Barclays, Lloyds Banking Group and NatWest were amon...