Kwasi Kwarteng - a swift and sudden downfall

15 Oct 2022

BBC

Kwasi Kwarteng a swift and sudden downfall

After just 38 days the former chancellor is out of a job - Nick Eardley looks at what went so wrong.

Soon came open revolt, with senior Conservatives openly criticising the decision to scrap the 45p additional tax rate. This forced Mr Kwarteng and Ms Truss into their first U-turn. Despite the sense of chaos, the chancellor's allies insisted he was "very calm" and still working as one with the prime minister.

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