Why was Kwasi Kwarteng sacked?
Kwarteng Kwarteng was born on May 26, 1975, and he is a member of the British Conservative Party. Kwasi Kwarteng as a politician served as the Member of Parliament for Spelthorne in northern Surrey since 2010. Before serving as Chancellor of the Exchequer under Liz Truss from September to October 2022, he was Secretary of…
Kwarteng Kwarteng was born on May 26, 1975, and he is a member of the British Conservative Party. Kwasi Kwarteng as a politician served as the Member of Parliament for Spelthorne in northern Surrey since 2010.
Before serving as Chancellor of the Exchequer under Liz Truss from September to October 2022, he was Secretary of State for Business, Energy, and Industrial Strategy from 2021 to 2022.
Kwasi Kwarteng completed his education at Eton College in the United Kingdom before attending the University of Cambridge, where he received his BA and PhD in history.
Kwarteng held positions as a financial services analyst and newspaper writer before starting his political career.
Why was Kwasi Kwarteng sacked?
On September 23, 2022, a Member of Parliament for Spelthorne Kwasi Kwarteng issued a contentious mini-budget announcement that briefly caused the British pound to trade at its lowest level ever versus the US dollar.
Kwasi Kwarteng served for 38 days into the job and on October 14, 2022, only weeks into the job, making him Britain’s second shortest-serving Chancellor of the Exchequer.
