Kwasi Kwarteng admits that he and Liz Truss ‘got carried away’ with UK’s mini-budget

UK’s former finance minister Kwasi Kwarteng admitted that he and former prime minister Liz Truss “got…

Former PM Liz Truss’s mini-budget cost the UK exchequer $35 billion: Report

Former UK Prime Minister Liz Truss’s suicidal mini-budget which eventually paved the way for her downfall…

British Chancellor Kwasi Kwarteng held clandestine meetings with Saudi oil executives: Report

British Chancellor Kwasi Kwarteng has had a rough start to his new job. Now, it has…

UK ‘will need $66bn spending cuts’ to bounce back from unfunded tax cuts

The tax cuts announced in the mini-budget by British finance minister Kwasi Kwarteng created a huge…

Fitch cuts outlook for UK credit rating to ‘negative’ from ‘stable’

Ratings agency Fitch said on Thursday that they have decided to lower the outlook for the…

Proposed UK tax cuts caused ‘a little turbulence’, says finance minister Kwasi Kwarteng

British Finance Minister Kwasi Kwarteng said that it has been a “tough day” as the government…

Liz Truss and Kwasi Kwarteng argue over response to UK economic crisis: Report

It has been a tough week for newly elected British Prime Minister Liz Truss as her…