Chancellor Kwasi Kwarteng to return to UK early as major mini-budget U-turn expected

United States News News

Chancellor Kwasi Kwarteng to return to UK early as major mini-budget U-turn expected
United States Latest News,United States Headlines
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

Kwasi Kwarteng will return to the UK from Washington earlier than planned, as another major mini-budget U-turn is expected.

The chancellor was due to brief journalists on Friday morning after attending the International Monetary Fund's annual meeting in Washington, but held the briefing on Thursday night before announcing he will fly home.

It comes amid speculation in Westminster about the fate of Mr Kwarteng, only a few weeks into the job, if his financial plans are scrapped in the coming days.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at homeKwasi Kwarteng in Washington DC for talks with IMF as Liz Truss faces revolt at homeThree stories: 🔴 Chancellor in US for talks with IMF as PM faces revolt at home 🔴 Alex Jones ordered to pay $965m to Sandy Hook massacre victims he defamed 🔴 N.Korea says it has test-fired cruise missiles
Read more »

Chancellor Kwasi Kwarteng insists he is 'not going anywhere' and is 'totally focused' on growth planChancellor Kwasi Kwarteng insists he is 'not going anywhere' and is 'totally focused' on growth planLast week, after open revolt from Tory MPs and a surge in support for Labour in the polls, Ms Truss and Mr Kwarteng abandoned the plan to abolish the highest 45% tax rate.
Read more »

Liz Truss plans tax cut U-turn while Kwasi Kwarteng is out of the countryLiz Truss plans tax cut U-turn while Kwasi Kwarteng is out of the countryThe Prime Minister is understood to be looking at increasing corporation tax next year in a bid to calm the markets after Kwasi Kwarteng’s raft of unfunded tax cuts spooked the financial markets
Read more »

Chancellor Kwasi Kwarteng insists he is 'not going anywhere' - and hints at mini-budget U-turnChancellor Kwasi Kwarteng insists he is 'not going anywhere' - and hints at mini-budget U-turnLast week, after open revolt from Tory MPs and a surge in support for Labour in the polls, Ms Truss and Mr Kwarteng abandoned the plan to abolish the highest 45% tax rate.
Read more »



Render Time: 2025-02-25 12:08:23