On Thursday afternoon, Kwasi Kwarteng told reporters in New York he wasn’t going anywhere. As an expression of physical intent it turned out to be well wide of the mark. The chancellor was back in the UK a day early on Friday morning. But as a statement of existential despair it was spot on. Kamikwasi is going nowhere.
His political career is finished. His credibility trashed. Destined to become a pub quiz question as the shortest-serving chancellor who didn’t die in office. Still, at least he got a lot done in his 38 days. Forced the Bank of England into a £65bn bailout of pension funds. And increased everyone’s mortgages. Nice work if you can get it.
