Kwasi Kwarteng, still affirmative on Thursday about his permanence in his position, confirmed on Twitter his dismissal announced by the British media.
“You asked me to resign as Chancellor” of the Treasury, “I have accepted,” wrote Kwasi Kwarteng in a letter to his “colleague and friend” Liz Truss.
“I deeply respect the decision you have made today,” responded the head of government in a formulation that leaves observers perplexed. “You put the national interest first.”
His budget plan announced on September 23, which foresees tens of billions in tax cuts without clear financing, has destabilized markets, caused the pound to fall and profoundly weakened the government.
Downing Street announced in the process the appointment to Finance of Jeremy Hunt, a former candidate in the race for Donwing Street. 55 years old, he was Minister of Foreign Affairs in 2018-2019, after leading the Minister of Health.
flip flops
In the process, Liz Truss says she is “absolutely determined” to carry out her policy of supporting growth, despite mounting criticism, even in her own camp, against her economic strategy.
“I am absolutely determined to deliver on the promise I made to deliver stronger growth, a more prosperous UK and weather the storm we find ourselves in,” she told a brief news conference, held shortly after laying off her finances. minister, Kwasi Kwarteng, now replaced by Jeremy Hunt.
British Prime Minister Liz Truss announced on Friday that she was abandoning her plan not to raise corporate tax as the previous government had planned, a new twist in her package of economic measures, to “reassure the markets”.
“Clearly, some parts of our mini-budget were moving too fast compared to what the markets were expecting,” Liz Truss told a very brief press conference, in which she stressed the need for “stability” for the British economy, after having sacked his finance minister, Kwasi Kwarteng.
Source: BFM TV
