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Kwasi Kwarteng

British politician (born 1975)

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Kwasi Kwarteng: British politician (born 1975)
Akwasi Addo Alfred Kwarteng is a British Conservative Party politician who has been the Member of Parliament (MP) for Spelthorne in northern Surrey since May 2010. He was Secretary of State for Business, Energy and Industrial Strategy from 2021 to 2022, and Chancellor of the Exchequer for the Liz Truss government between September and October 2022.

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Labour: UK economic situation is a ‘very British crisis’ [Video]

Labour: UK economic situation is a ‘very British crisis’

Labour's Pat McFadden says that today's Autumn Statement is "testament to the government's economic failure", following Liz Truss and Kwasi Kwarteng's mini-budget at the end of September. The Shadow..

Credit: ODN     Duration: 01:09Published
Labour: severance pay ‘goes against every sense of decency’ [Video]

Labour: severance pay ‘goes against every sense of decency’

Labour calls the severance pay given to Liz Truss and Kwasi Kwarteng a “golden goodbye”, saying it “goes against every sense of decency”, while the Conservatives argue it exists because of..

Credit: ODN     Duration: 01:10Published
Severance payout: Truss and Kwarteng to pocket up to €19,000 for time in office [Video]

Severance payout: Truss and Kwarteng to pocket up to €19,000 for time in office

79 UK ministers and whips have resigned over both Boris Johnson and Liz Truss' tenure, 71 of whom are entitled to a payout of taxpayers' money.

Credit: euronews (in English)     Duration: 01:10Published
UK Prime Minister Liz Truss Resigns [Video]

UK Prime Minister Liz Truss Resigns

UK Prime Minister , Liz Truss Resigns. NBC News reports that after only six weeks in office, Truss resigned on Oct. 20. . That makes her Britain’s shortest-serving prime minister ever. I..

Credit: Wibbitz Top Stories     Duration: 01:30Published
Jeremy Hunt arrives at 10 Downing Street [Video]

Jeremy Hunt arrives at 10 Downing Street

Jeremy Hunt has arrived at 10 Downing Street for the first time since being appointed Chancellor. The announcement today saw Kwasi Kwarteng ‘step aside’ to make way for the former Health Secretary...

Credit: ODN     Duration: 00:22Published
Scottish Tory leader welcomes appointment of Jeremy Hunt [Video]

Scottish Tory leader welcomes appointment of Jeremy Hunt

The leader of the Scottish Conservatives has welcomed the appointment of Jeremy Hunt as Chancellor following the shock exit of Kwasi Kwarteng. Douglas Ross said: "I think we've seen already from the..

Credit: ODN     Duration: 00:51Published
UK Finance Minister Kwasi Kwarteng Is Fired [Video]

UK Finance Minister Kwasi Kwarteng Is Fired

UK Finance Minister , Kwasi Kwarteng Is Fired. CNBC reports that after less than six weeks of being the British finance minister, Kwarteng has been asked to step down. The economic environment has..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Jeremy Hunt arrives home after Chancellor announcement [Video]

Jeremy Hunt arrives home after Chancellor announcement

Jeremy Hunt has arrived home after being named Chancellor. The move comes as former Chancellor Kwasi Kwarteng was sacked by Prime Minster Liz Truss earlier today. Report by Browna. Like us on Facebook..

Credit: ODN     Duration: 00:52Published
Kwarteng arrives home after being sacked as chancellor [Video]

Kwarteng arrives home after being sacked as chancellor

Kwasi Kwarteng has arrived back at his London home after he was sacked as chancellor by Prime Minister Liz Truss. Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on..

Credit: ODN     Duration: 00:25Published
Truss: 'Incredibly sorry to lose' Kwarteng [Video]

Truss: 'Incredibly sorry to lose' Kwarteng

Prime Minister Liz Truss has formally announced Jeremy Hunt as the new Chancellor. The new appointment comes as Kwasi Kwarteng was asked to 'step aside' following a turbulent start in the role. Report..

Credit: ODN     Duration: 01:15Published
Truss confirms corporation tax increase [Video]

Truss confirms corporation tax increase

Prime Minister Liz Truss has confirmed corporation tax will rise from 19% to 25% next year as set out by the previous government. The news comes as Truss dismisses Kwasi Kwarteng as Chancellor to make..

Credit: ODN     Duration: 01:06Published
Kwasi Kwarteng sacked as Chancellor after just 38 days [Video]

Kwasi Kwarteng sacked as Chancellor after just 38 days

Kwasi Kwarteng has been sacked as Chancellor after a turbulent 38 days in the role. It comes just a day after he insisted he was “not going anywhere”. Report by Burnsla. Like us on Facebook at..

Credit: ODN     Duration: 01:46Published
Finance minister Kwasi Kwarteng confirms he's left UK government [Video]

Finance minister Kwasi Kwarteng confirms he's left UK government

His successor will be the UK's fourth finance minister in as many months.

Credit: euronews (in English)     Duration: 00:55Published
Kwasi Kwarteng departs Downing St after being sacked [Video]

Kwasi Kwarteng departs Downing St after being sacked

Kwasi Kwarteng has departed Downing St after agreeing to step down as Chancellor. The news comes following his early arrival back from the IMF conference in the US. Report by Browna. Like us on..

Credit: ODN     Duration: 01:53Published
Kwarteng lands back in UK after early return from Washington [Video]

Kwarteng lands back in UK after early return from Washington

Kwasi Kwarteng has landed back in the UK after an early return from an IMF conference in Washington. The Chancellor has arrived ahead of a news conference from Prime Minister Liz Truss. Report by..

Credit: ODN     Duration: 01:37Published
Hands defends Kwarteng’s early return from the US [Video]

Hands defends Kwarteng’s early return from the US

Greg Hands has defended Chancellor Kwasi Kwarteng’s early return from Washington. The Trade Minister also claimed the current financial market turmoil is being felt around the globe. Report by..

Credit: ODN     Duration: 00:58Published
Deputy PM arrives at Downing Street [Video]

Deputy PM arrives at Downing Street

Deputy Prime Minister Therese Coffey avoids questions about the chancellor's future as she arrives at Number 10 Downing Street. Kwasi Kwarteng has cut short a trip to the US to return to London for..

Credit: ODN     Duration: 00:37Published
‘I’m not going anywhere’, says Kwasi Kwarteng [Video]

‘I’m not going anywhere’, says Kwasi Kwarteng

Chancellor Kwasi Kwarteng said his “total focus” is on “delivering the mini-budget and making sure that we get growth back into the economy”, as he attended an IMF conference in Washington on..

Credit: ODN     Duration: 01:08Published
Tensions run high as Kwarteng fields Treasury questions [Video]

Tensions run high as Kwarteng fields Treasury questions

Chancellor Kwasi Kwarteng is met with heckles and fierce questioning as he discusses his economic policies in the House of Commons. Report by Burnsla. Like us on Facebook at http://www.facebook.com/itn..

Credit: ODN     Duration: 01:41Published
Mel Stride: Govt's debt plan U-turn should reassure markets [Video]

Mel Stride: Govt's debt plan U-turn should reassure markets

The chair of the Treasury Select Committee says the chancellor bringing forward the publication of his plan for balancing the government's finances will "reassure the markets" provided it is "fiscally..

Credit: ODN     Duration: 04:11Published

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Despite chancellor's reassurances after Kwarteng's disastrous mini-budget there is no magic cure | Paul Kelso

despite chancellor's reassurances after kwarteng's disastrous mini-budget there is no magic cure | paul kelso
The last time a chancellor of the exchequer appeared on the Sunday morning political shows he helped kick the economy off a cliff-edge.
Sky News - Published

Kwarteng: 'I told Truss we should slow down after mini-budget'

kwarteng: 'i told truss we should slow down after mini-budget'
Kwasi Kwarteng claims he told Liz Truss to "slow down" after the market crashing mini-budget was announced.
Sky News - Published

Parliament to return after mini-budget turmoil, with Kwarteng set to face MPs

parliament to return after mini-budget turmoil, with kwarteng set to face mps
MPs will return to Westminster on Tuesday after a chaotic conference season, with the chancellor set to face questions for the first time since the fallout from his mini-budget.
Sky News - Published

Chancellor to set out financial plan three weeks earlier than planned after pressure

chancellor to set out financial plan three weeks earlier than planned after pressure
Chancellor Kwasi Kwarteng's medium-term fiscal plan will be published on 31 October - three weeks earlier than planned - alongside an independent economic forecast, the Treasury has confirmed.
Sky News - Published

Kwarteng rules out wholesale reforms to bank 'firewall' regime

kwarteng rules out wholesale reforms to bank 'firewall' regime
Kwasi Kwarteng, the chancellor, has ruled out tearing up the regime put in place to segregate high street lenders' investment banking arms that was put in place after the 2008 financial crisis.
Sky News - Published

Lenders push Kwarteng to extend mortgage guarantee scheme

lenders push kwarteng to extend mortgage guarantee scheme
The UK's biggest mortgage lenders will urge the chancellor to extend a government home loans initiative which helps first-time buyers get onto the property ladder.
Sky News - Published

Kwarteng to meet high street bank chiefs amid mortgage market freeze

kwarteng to meet high street bank chiefs amid mortgage market freeze
Executives from Britain's biggest high street banks have been summoned for talks with Kwasi Kwarteng amid concerns about the impact of recent financial turmoil on the mortgage market.
Sky News - Published

How would a squeeze on benefits affect people day-to-day?

how would a squeeze on benefits affect people day-to-day?
After Liz Truss and Kwasi Kwarteng's mini-budget saw the pound plummet and interest rates rocket, the PM and chancellor are under pressure to announce a cut in public spending.
Sky News - Published

First phase of Truss's reign is over - is there any way back from 45p tax cut U-turn? | Beth Rigby

It took 10 days for the most eye-catching and controversial element of Kwasi Kwarteng's mini-budget to unravel.
Sky News - Published

Tory MPs told they will lose whip if they vote against Kwarteng's tax-cutting mini-budget

tory mps told they will lose whip if they vote against kwarteng's tax-cutting mini-budget
Conservative MPs will lose the party whip if they vote against Chancellor Kwasi Kwarteng's tax-cutting mini-budget, a senior Tory has said.
Sky News - Published

Kwarteng faces calls for inquiry after attending champagne do with hedge fund managers

kwarteng faces calls for inquiry after attending champagne do with hedge fund managers
Kwasi Kwarteng is facing calls for an official inquiry following a report that he attended a private champagne reception with hedge fund managers following his mini-budget.
Sky News - Published

Liz Truss to face wretched week at Tory Party conference after mini-budget turmoil

liz truss to face wretched week at tory party conference after mini-budget turmoil
Liz Truss is set to face a wretched week at the Tory Party conference after the disastrous reaction to Kwasi Kwarteng's tax-cutting mini-budget.
Sky News - Published

Nations demand urgent meeting with Kwarteng as Tory top team doubles down on plan to cut spending

The devolved governments of the UK want an urgent meeting with Chancellor Kwasi Kwarteng to discuss immediate action to reverse the damaging effects of the mini-budget.
Sky News - Published

'Closing the stable door after horse has bolted': PM and chancellor meet fiscal watchdog

'closing the stable door after horse has bolted': pm and chancellor meet fiscal watchdog
Liz Truss and Kwasi Kwarteng have met the head of the UK's independent fiscal watchdog amid the fallout from the government's mini-budget.
Sky News - Published

Truss and Kwarteng to meet fiscal watchdog tomorrow after MPs demand full economic forecast

truss and kwarteng to meet fiscal watchdog tomorrow after mps demand full economic forecast
Liz Truss will meet the head of the UK's independent fiscal watchdog tomorrow after a powerful group of cross-party MPs demanded the chancellor release a full economic forecast by the end of October -..
Sky News - Published

Did Truss and Kwarteng's mini-budget fall foul of the autumn curse? | Adam Boulton

did truss and kwarteng's mini-budget fall foul of the autumn curse? | adam boulton
The poet and banker T S Eliot got it wrong - April is not the cruellest month when it comes to financial crises. Autumn is crueller.
Sky News - Published

Chancellor insists government 'protecting people across UK' with mini-budget announcement

Chancellor Kwasi Kwarteng has insisted the government is focusing on "delivering the growth plan" and "protecting people right across the country".
Sky News - Published

Your quick guide to what's going on with the economy

your quick guide to what's going on with the economy
Here's our not-so-mini guide to what's going on with the economy since the not-so-mini budget announced by Kwasi Kwarteng on Friday.
Sky News - Published

What are bonds, how are they different to gilts and where do they fit in the mini-budget crisis?

The Bank of England has made the very unusual move of buying 'long-dated gilts' to restore stability after Liz Truss and Kwasi Kwarteng's mini-budget sent the markets plummeting.
Sky News - Published

Labour MP's 'superficially black' comment was 'racist and wrong' - Starmer

labour mp's 'superficially black' comment was 'racist and wrong' - starmer
Sir Keir Starmer has condemned a Labour MP for "racist" comments she made about Chancellor Kwasi Kwarteng.
Sky News - Published

Kwasi Kwarteng begs City bankers not to sell the pound

kwasi kwarteng begs city bankers not to sell the pound
The chancellor Kwasi Kwarteng is due to meet bankers today in an effort to calm nerves after his mini-budget spooked the markets and sent the pound crashing. 
Sky News - Published

From civil war to hope: Thanks in part to 'Kami-Kwasi', Labour's mood is lifting | Jon Craig analysis

from civil war to hope: thanks in part to 'kami-kwasi', labour's mood is lifting | jon craig analysis
Have Liz Truss and Kwasi Kwarteng done the Labour Party a favour with their tax giveaways that put cash in the pockets of millionaires and City bankers?
Sky News - Published

PM going for broke in hope of winning big - but has she misjudged the public mood? | Beth Rigby

It may have been billed a mini-budget, but what Kwasi Kwarteng announced on Friday was massive.
Sky News - Published

'Anti-democratic': Unions condemn Kwarteng's crackdown on strikes - and announce further action

'anti-democratic': unions condemn kwarteng's crackdown on strikes - and announce further action
Unions have condemned Kwasi Kwarteng's plan to introduce a law that will require members to vote on pay offers before strikes can happen.
Sky News - Published

The chancellor's economic experiment will test the patience of his party and the markets

the chancellor's economic experiment will test the patience of his party and the markets
In the end, Kwasi Kwarteng's statement indeed cost more than £2 billion a minute and turned politics on its head.
Sky News - Published

Watch the Chancellor's statement live

Kwasi Kwarteng will promise a "new era for Britain" in his mini budget.
Sky News - Published

Income tax cut by a penny for all as higher rate of tax abolished

income tax cut by a penny for all as higher rate of tax abolished
Income tax will be cut by one penny Chancellor Kwasi Kwarteng has announced, as part of a raft of measures aimed at boosting economic growth.
Sky News - Published

National Insurance rise to be reversed - see how it affects you

national insurance rise to be reversed - see how it affects you
Chancellor Kwasi Kwarteng has announced that April's National Insurance hike is to be reversed from 6 November.
Sky News - Published

The key mini-budget announcements at a glance

As Chancellor Kwasi Kwarteng delivers his mini-budget statement to MPs, here's the key points:
Sky News - Published

Chancellor to promise 'new era for Britain' with plan for growth in mini-budget

Kwasi Kwarteng will promise a "new era for Britain" with a major package of measures to "turn the vicious cycle of stagnation into a virtuous cycle of growth".
Sky News - Published

The week the Truss government changed direction: Five things to watch out for in Friday's mini-budget

the week the truss government changed direction: five things to watch out for in friday's mini-budget
Each minute Kwasi Kwarteng is on his feet at the dispatch box on Friday - and he is expected to speak for a minimum of 20 -  the chancellor will cost the taxpayer at least £2bn.
Sky News - Published

Chancellor may scrap cap on bankers' bonuses to boost City's competitiveness

chancellor may scrap cap on bankers' bonuses to boost city's competitiveness
Chancellor Kwasi Kwarteng is reportedly considering a plan to scrap caps on bankers' bonuses as part of a post-Brexit bid to boost the City's competitiveness and the UK economy.
Sky News - Published

New chancellor Kwarteng reaffirms Bank of England independence

new chancellor kwarteng reaffirms bank of england independence
New chancellor Kwasi Kwarteng has told the Bank of England governor he wants to reaffirm the bank's independence.
Sky News - Published

Chancellor Kwarteng summons bank chiefs for economy crisis talks

chancellor kwarteng summons bank chiefs for economy crisis talks
The bosses of Britain's biggest banks will hold talks with the new chancellor on Wednesday as he tries to exert a grip on the stalling UK economy.
Sky News - Published

Truss appoints top team - with Kwasi Kwarteng as chancellor

truss appoints top team - with kwasi kwarteng as chancellor
Liz Truss has begun appointing her cabinet after being officially asked by the Queen to form a new government.
Sky News - Published

Who is Kwasi Kwarteng? The new chancellor who has been unafraid of upsetting his party

who is kwasi kwarteng? the new chancellor who has been unafraid of upsetting his party
When a new prime minister heads into Downing Street, it is the appointment of his or her chancellor that is most eagerly awaited.
Sky News - Published

'Strong argument' interest rates should have been hiked sooner, business secretary says

'strong argument' interest rates should have been hiked sooner, business secretary says
Business Secretary Kwasi Kwarteng has said there is "strong argument" that the Bank of England should have raised interest rates "slightly sooner".
Sky News - Published

PM and chancellor 'completely on top' of economy despite being on holiday

pm and chancellor 'completely on top' of economy despite being on holiday
Kwasi Kwarteng has insisted the PM and chancellor are "completely on top" of the UK's economic problems after the pair were criticised for going on holiday as the Bank of England warned of the longest..
Sky News - Published

Business secretary writes to fuel giants reminding them to pass on tax cuts to motorists

business secretary writes to fuel giants reminding them to pass on tax cuts to motorists
Business Secretary Kwasi Kwarteng has written to the leading petrol retailers "to remind them of their responsibilities" to pass on tax cuts to motorists.
Sky News - Published

Johnson will 'absolutely' remain Tory leader after local elections, Kwarteng says

johnson will 'absolutely' remain tory leader after local elections, kwarteng says
Boris Johnson will "absolutely" remain as the Conservatives' leader after the local elections - even if the results are disappointing for the party, Kwasi Kwarteng has said.
Sky News - Published

Closing parliament's bars would be 'excessively puritanical' - Kwarteng

closing parliament's bars would be 'excessively puritanical' - kwarteng
Closing parliament's bars in a bid to tackle a culture of sexual misconduct on the estate would be "excessively puritanical", Kwasi Kwarteng has said.
Sky News - Published

'Tackling mistakes of the past': PM pledges to do more for cost of living crisis as he defends energy strategy

'tackling mistakes of the past': pm pledges to do more for cost of living crisis as he defends energy strategy
Boris Johnson has pledged to "do more" to help people with the rising cost of living after Business Secretary Kwasi Kwarteng admitted the government's energy security strategy is "more of a medium..
Sky News - Published

Energy security strategy is 'more of a medium term answer', business secretary admits

Business Secretary Kwasi Kwarteng has admitted the government's energy security strategy is "more of a medium three, four, five year answer" ahead of its reveal later today.
Sky News - Published

Capturing carbon emissions and storing it underground could allow polluters to dodge climate action, MPs warn

capturing carbon emissions and storing it underground could allow polluters to dodge climate action, mps warn
MPs are questioning the energy secretary Kwasi Kwarteng over plans to burn wood pellets and suck the emissions out of the air to help the country meet its climate goals.
Sky News - Published

Kwarteng to meet National Grid chair amid Russian cyber attack threat

kwarteng to meet national grid chair amid russian cyber attack threat
Business Secretary Kwasi Kwarteng will this week hold talks with the chair of National Grid amid anticipation of a surge in state-sponsored cyber attacks from Russia.
Sky News - Published

Business secretary to hold crunch talks with energy bosses as prices soar

business secretary to hold crunch talks with energy bosses as prices soar
Business Secretary Kwasi Kwarteng is to hold meetings with energy bosses today to address rapidly rising gas and electricity prices.
Sky News - Published

Kwarteng's comments to Sky News on standards watchdog should be investigated, Labour says

kwarteng's comments to sky news on standards watchdog should be investigated, labour says
The Labour Party has called for an investigation into Kwasi Kwarteng's comments to Sky News about the future of parliament's standards watchdog.
Sky News - Published

UK working 'very effectively' with France as over 1,100 migrants cross channel in two days

uk working 'very effectively' with france as over 1,100 migrants cross channel in two days
Business Secretary Kwasi Kwarteng has insisted the UK was working "very effectively" with France to tackle migrant crossings of the Channel, amid a spat with Paris over funding.
Sky News - Published

Energy price cap 'will not be moved' and business sec 'convinced' UK won't suffer gas shortage

Business Secretary Kwasi Kwarteng has told Sky News that the price cap on consumers' energy bills "will not be moved" this winter and he is "convinced" that the UK won't suffer gas shortages in the..
Sky News - Published

Business secretary 'not guaranteeing anything' over fuel crisis impact on Christmas

Business Secretary Kwasi Kwarteng has said he is "not guaranteeing anything" over whether the fuel crisis will have an impact on Christmas.
Sky News - Published


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