The Latest Breaking News from Kwasi Kwarteng

Homeowners warned of ‘significant’ rise in UK interest rates

Bank of England’s chief economist speaks out after mini-budget, with financial markets expecting rates to reach up to 6%

The Guardian - UK · Sep 27, 2022

‘Fiscal sustainability’ plus rising borrowing costs could add up to cuts

To make the sums work, some suggest Kwasi Kwarteng may include deep spending reductions in his medium-term fiscal plan

The Guardian - UK · Sep 27, 2022

Keir Starmer has found his winning position – as the antidote to Liz Truss

The Labour leader looks like he’s on a path to victory, says Guardian columnist Rafael Behr

The Guardian - UK · Sep 27, 2022

UK's Labour suspends lawmaker for saying Kwarteng 'superficially' Black

An opposition Labour lawmaker was suspended from the party on Tuesday after being accused of making racist comments about British finance minister Kwasi Kwarteng, with a party spokesperson saying it would call on her to apologise.

Reuters · Sep 27, 2022

Labour MP apologises for calling Kwasi Kwarteng ‘superficially’ Black after suspension

Ed Miliband says Labour must decide on Rupa Huq’s future after ‘reprehensible and awful’ comments

The Independent UK · Sep 27, 2022

Who is Rupa Huq? Labour MP suspended over Kwasi Kwarteng comments

It is thought that Dr Huq made the comments at a fringe event at the Labour Party Conference in Liverpool on Monday

Evening Standard · Sep 27, 2022

Suspended Labour MP apologises for calling Kwasi Kwarteng ‘superficially’ black

Rupa Huq gave her ‘sincere and heartfelt’ apologies to the Chancellor over her ‘ill-judged’ remarks.

The Independent UK · Sep 27, 2022

Bank of England warns of ‘significant’ rate rises amid sterling turmoil

The Chancellor sought to reassure investors as the Bank of England’s chief economist said they could not ignore the fall in sterling

Evening Standard · Sep 27, 2022

Buoyant Labour think Truss’s ‘scorched earth’ approach can pave their way to power OLD REDIRECTED

Delegates beginning to believe that Tory missteps will put Keir Starmer in Downing Street

The Independent UK · Sep 27, 2022

Truss and Kwarteng had row over sterling crisis response, say Whitehall sources

First signs of friction between PM and chancellor emerge as pound falls to historic low after mini-budget

The Guardian - UK · Sep 27, 2022