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Articles on Kwasi Kwarteng

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UK Chancellor of the Exchequer, Jeremy Hunt. Neil Hall / EPE-EFE

Emergency budget announcement: expert reaction to new UK chancellor’s attempt to calm financial markets

UK chancellor Jeremy Hunt’s emergency budget announcement has calmed the market initially but experts see continued challenges.
The hard hats likely came in handy recently for Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng. Stefan Rousseau/Pool Photo via AP

Plunging pound and crumbling confidence: How the new UK government stumbled into a political and financial crisis of its own making

Liz Truss took over as prime minister with an ambitious plan to cut taxes by the most since 1972 – investors balked after it wasn’t clear how she would pay for it

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