Any lessons from the ”sacking” of Kwasi Kwarteng?
By: Dr. Nana Sifa Twum, Communications Consultant The Ghanaian-descent United Kingdom politician Kwasi Kwarteng has been relieved of his duties as the Chancellor of the Exchequer. He took office on the 6th of September 2022 a day after the appointment of Mary Elizabeth Truss as the 77th Prime Minister following the resignation of Mr. Boris […]
Kwasi Kwarteng sacked as UK Chancellor
SOURCE: BBC NEWS Kwasi Kwarteng is no longer chancellor, the BBC reports. It comes amid speculation Truss will today announce a U-turn on parts of the mini-budget. Kwarteng second shortest-serving UK chancellor It means Kwarteng is the second shortest-serving UK chancellor on record. The shortest serving chancellor, Iain Macleod, died of a heart attack 30 […]
IMF warns rising prices will be worse in UK
SOURCE: BBC The International Monetary Fund (IMF) has doubled down on criticism of the chancellor’s mini-budget, days after warning it will fuel rising prices. The body admitted tax cuts announced by Kwasi Kwarteng would lift economic growth in the short-term. But it said the cuts would “complicate the fight” against the cost-of-living crisis. Its new […]
