UK Finance Minister Kwasi Kwarteng Resigns

A last minute statement came from UK Finance Minister Kwasi Kwarteng. Kwarteng announced that Prime Minister Truss asked him to leave office, adding that he will resign.

UK Finance Minister Kwasi Kwarteng announced that he will resign from his post at the request of Prime Minister Truss. According to reports in the British press, Minister Kwarteng cut his trip to Washington early and the reason for this was that Truss wanted to dismiss him. Kwarteng confirmed these allegations with his statement. In the statement made by the Prime Ministry, it was announced that Jeremy Hunt was appointed instead of Kwarteng. Hunt had served as Minister of Health between 2012-2018. https://twitter.com/BloombergHT/status/1580894569440243712 Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!