Kwasi Kwarteng named Britain’s new Finance Minister

Britain’s new Prime Minister Liz Truss named business and energy secretary Kwasi Kwarteng as finance minister; her office announced on Tuesday. Kwarteng, a Truss ideological ally, has stated that her government can afford to borrow more to fund energy bill assistance for households and businesses, but that it will remain fiscally responsible with the public finances. He had been the business and energy minister since January 2021, having previously held a junior position in the department ...[Read More]