
Kwasi Kwarteng had earlier worked at the Treasury before his brief stint as chancellor
(Picture: Getty Images)Kwasi Kwarteng has resigned as Chancellor of the Exchequer because of the backlash to his mini-budget. He was recalled from an IMF meeting in Washington DC and met the prime minister, Liz Truss, on Friday October 14, who asked for his resignation.
He had earlier hit a record low approval rating because of the mayhem caused by his mini-budget, according to a poll, which revealed 65 per cent of people in the UK were dissatisfied with him.