Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
Tag: Kwasi Kwarteng
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British Pound Sinks as Markets React to U.K. Government Tax Cuts
Stocks, bonds and the pound were jolted by policy details from the new government that entailed a huge rise in borrowing.