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  3. Kwarteng sacked as UK finance minister, pound plunges
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Kwarteng sacked as UK finance minister, pound plunges

news24.com/fin24/...

submitted over 3 years ago by lexacon

Kwarteng sacked as UK finance minister, pound plunges

submitted over 3 years ago by lexacon

Kwarteng sacked as UK finance minister, pound plunges
  • British Prime Minister Liz Truss dismissed finance minister Kwasi Kwarteng due to turmoil caused by her economic policies, leading to speculation about her leadership.
  • The government's plan to slash taxes and increase borrowing caused financial upheaval, with markets expecting a policy reversal to stabilize the situation.
Read more on news24.com
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