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Tag: UK

I told Liz Truss she was going too fast, says Kwasi Kwarteng

I told Liz Truss she was going too fast, says Kwasi Kwarteng

Headlines Today, International
Former chancellor Kwasi Kwarteng has said he warned Liz Truss she was going too fast with her ill-fated economic plans. In his first interview since he was sacked by the then PM, Mr Kwarteng told TalkTV he had warned her to “slow down” after September’s mini-budget. He said he told her it was “mad” to fire him and she would only last “three or four weeks” if she did. “Little did I know it was only going to be six days,” he added. Mr Kwarteng was dramatically fired by Ms Truss in October, two weeks after their tax-cutting mini-budget sparked turmoil on financial markets. After abandoning almost all of the plan in a bid to stay in power, she announced her resignation a few days later after support from Tory MPs ebbed away. Speaking to TalkTV Mr Kwarteng said that he had wa...
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