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Kwasi Kwarteng

  • Popular Conservatism Launch Overshadowed by High-Profile Departures and Calls for Party Unity
    Popular Conservatism Launch Overshadowed by High-Profile Departures and Calls for Party Unity
    Nigel Farage labels the group a 'small minority' within the Tories as Liz Truss advocates for a return to core conservative values amid internal party disputes.
    February 7, 2024BY Joseph Robertson
  • UK House Prices Stabilised in January, Halifax Figures Show
    UK House Prices Stabilised in January, Halifax Figures Show
    House prices in the UK stabilised in January following a series of monthly falls last year, according to ...
    February 7, 2023BY Alexander Zhang
  • Former Prime Minister Truss Says She Was Not Given ‘Realistic Chance’ to Enact Tax-Cutting Policy
    Former Prime Minister Truss Says She Was Not Given ‘Realistic Chance’ to Enact Tax-Cutting Policy
    Former British Prime Minister Liz Truss has blamed the “very powerful economic establishment” for her failure to realise ...
    February 5, 2023BY Alexander Zhang
  • Everyone Should Reduce Energy Consumption Amid Crisis, UK Chancellor Says
    Everyone Should Reduce Energy Consumption Amid Crisis, UK Chancellor Says
    UK Chancellor Jeremy Hunt has urged people to reduce their energy consumption so that Britain is not susceptible ...
    November 24, 2022BY Alexander Zhang
  • UK Government Borrowing Rises as Energy Support Scheme Begins
    UK Government Borrowing Rises as Energy Support Scheme Begins
    The UK’s government borrowing increased in October as the energy support scheme for households and businesses got under ...
    November 22, 2022BY Alexander Zhang
  • Everyone Will Need to Pay ‘A Bit More Tax,’ UK Chancellor Says
    Everyone Will Need to Pay ‘A Bit More Tax,’ UK Chancellor Says
    Everyone in the UK will need to pay “a bit more tax” as the country seeks to balance ...
    November 13, 2022BY Alexander Zhang
  • Ex-Chancellor Kwarteng Says He Warned Truss Over Pace of UK Economic Reforms
    Ex-Chancellor Kwarteng Says He Warned Truss Over Pace of UK Economic Reforms
    Former Chancellor Kwasi Kwarteng has said he told former Prime Minister Liz Truss to “slow down” her ambitious ...
    November 11, 2022BY Alexander Zhang
  • Pound Rebounds, UK Borrowing Costs Drop as Sunak Becomes Prime Minister
    Pound Rebounds, UK Borrowing Costs Drop as Sunak Becomes Prime Minister
    The value of the pound has rallied back to its highest levels since before last month’s crash and ...
    October 25, 2022BY Alexander Zhang
  • Truss Fights for Survival as Prime Minister After Her Economic Plan Ends in Ruins
    Truss Fights for Survival as Prime Minister After Her Economic Plan Ends in Ruins
    UK Prime Minister Liz Truss is fighting for her political survival as MPs from her own party turn ...
    October 19, 2022BY Alexander Zhang
  • Truss Apologises for ‘Mistakes’ in Tax Plan, Seeks to Cling on as Prime Minister
    Truss Apologises for ‘Mistakes’ in Tax Plan, Seeks to Cling on as Prime Minister
    UK Prime Minister Liz Truss has apologised for the “mistakes” she made over the ill-fated tax-cutting plan, but ...
    October 18, 2022BY Alexander Zhang
  • UK House Prices Reach New High in October Despite Economic Turmoil
    UK House Prices Reach New High in October Despite Economic Turmoil
    House prices in the UK hit a new record high in October despite the continuing uncertainties in interest ...
    October 17, 2022BY Alexander Zhang
  • UK Reverses Tax Cuts, Scales Back Energy Help to Calm Markets
    UK Reverses Tax Cuts, Scales Back Energy Help to Calm Markets
    The UK’s new chancellor of the exchequer, Jeremy Hunt, has reversed the tax cuts promised by his predecessor ...
    October 17, 2022BY Alexander Zhang
  • UK Conservative MPs Warned Against Trying to Oust Truss as Prime Minister
    UK Conservative MPs Warned Against Trying to Oust Truss as Prime Minister
    The UK’s new Chancellor of the Exchequer, Jeremy Hunt, has warned his Conservative colleagues against trying to oust ...
    October 16, 2022BY Alexander Zhang
  • UK’s New Chancellor Jeremy Hunt Signals Tax Rises and Spending Cuts
    UK’s New Chancellor Jeremy Hunt Signals Tax Rises and Spending Cuts
    The UK's Treasury department will make some "very difficult decisions ahead," new Chancellor of the Exchequer Jeremy Hunt ...
    October 15, 2022BY Lily Zhou
  • Liz Truss Performs U-Turn on Corporation Tax and Promises to Lead UK ‘Through the Storm’
    Liz Truss Performs U-Turn on Corporation Tax and Promises to Lead UK ‘Through the Storm’
    Prime Minister Liz Truss has scrapped a key part of the mini-budget Kwasi Kwarteng produced last month—reversing the ...
    October 14, 2022BY Chris Summers
  • UK Prime Minister Sacks Treasury Chief Hours After He Arrives From US
    UK Prime Minister Sacks Treasury Chief Hours After He Arrives From US
    Prime Minister Liz Truss has fired the Chancellor of the Exchequer Kwasi Kwarteng and replaced him with Jeremy ...
    October 14, 2022BY Chris Summers
  • UK Needs £60 Billion Public Spending Cuts, IFS Says
    UK Needs £60 Billion Public Spending Cuts, IFS Says
    The UK government will need to cut at least £60 billion ($66.7 billion) in spending to keep debt ...
    October 11, 2022BY Lily Zhou
  • UK Chancellor Brings Forward Debt-Cutting Plan to Oct. 31
    UK Chancellor Brings Forward Debt-Cutting Plan to Oct. 31
    The UK government's plan to reduce debt will be published on Oct. 31, more than three weeks before ...
    October 10, 2022BY Lily Zhou
  • Cutting Taxes ‘Right Thing to Do Morally and Economically’: UK Prime Minister
    Cutting Taxes ‘Right Thing to Do Morally and Economically’: UK Prime Minister
    UK Prime Minister Liz Truss has defended her tax-cutting plan as “morally and economically” right but sought to ...
    October 5, 2022BY Alexander Zhang
  • Pound Recovers to Levels Before Mini-Budget Announcement
    Pound Recovers to Levels Before Mini-Budget Announcement
    Sterling continued to rally on Tuesday after bouncing back to levels before the UK Chancellor Kwasi Kwarteng's mini-budget ...
    October 4, 2022BY Lily Zhou
  • Chinese Firm Blocked From Accessing Key Information About UK’s Power Grid
    Chinese Firm Blocked From Accessing Key Information About UK’s Power Grid
    The UK government has blocked a Chinese firm from accessing sensitive information about Britain’s power grid, as concerns ...
    October 3, 2022BY Alexander Zhang
  • Truss, Kwarteng Defend Mini Budget, Promise ‘Credible’ Fiscal Plan
    Truss, Kwarteng Defend Mini Budget, Promise ‘Credible’ Fiscal Plan
    The UK's Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng appear to be undeterred by ...
    October 1, 2022BY Lily Zhou
  • UK Train Services Face Fresh Disruptions Amid Biggest Rail Strike of the Year
    UK Train Services Face Fresh Disruptions Amid Biggest Rail Strike of the Year
    Britain’s rail network will face severe disruptions on Saturday amid the biggest strike so far this year. Only ...
    September 30, 2022BY Alexander Zhang
  • UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
    UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
    UK Prime Minister Liz Truss and Chancellor Kwasi Kwarteng have said they value the scrutiny from an independent ...
    September 30, 2022BY Alexander Zhang
  • UK Tax Cuts the Right Medicine for Productivity: Economist
    UK Tax Cuts the Right Medicine for Productivity: Economist
    As UK Prime Minister Liz Truss' tax cuts come under fire from financial institutions and media outlets, one ...
    September 29, 2022BY Daniel Y. Teng
  • Royal Mail Workers to Launch 48-hour Strike as Pay Dispute Escalates
    Royal Mail Workers to Launch 48-hour Strike as Pay Dispute Escalates
    Union members at Royal Mail will launch a 48-hour strike on Friday in an escalating dispute over pay. ...
    September 29, 2022BY Alexander Zhang
  • A Slip of the Tongue
    A Slip of the Tongue
    Commentary A member of the British parliament called Rupa Huq was once a university teacher of sociology and ...
    September 29, 2022BY Theodore Dalrymple
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    2hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    3hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    4hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    4hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    6hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    7hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    7hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    11hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    12hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    18hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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