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The Guardian - UK
The Guardian - UK
Politics
Jessica Elgot and Nadeem Badshah

Tory party chair defends chancellor over champagne party with financiers

Kwasi Kwarteng
Two sources said Kwarteng described the day of the mini-budget announcement as a ‘great day for freedom’. Photograph: BBC News

The Conservative party chair has defended the chancellor, Kwasi Kwarteng, and said that people who attended a private champagne reception with him on the day he delivered his mini-budget should be “lauded” as Britain’s leading entrepreneurs.

Jake Berry said the drinks reception was not unusual and that, along with hedge fund managers, property developers had also been present.

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