Kwasi Kwarteng stops serving as UK Finance Minister | Mexico News

British Chancellor of the Exchequer, Kwasi KwartengHe was fired after less than Six weeks In office, at a time when the government's massive tax cuts are causing major turmoil in financial markets.

Newspaper times It was reported earlier that Kwarteng is expected to be removed.

His dismissal makes Quarting He will be Britain's longest-serving finance minister since 1970, and his successor will be the fourth person to hold the position in as many months as the country faces a cost-of-living crisis.

This was in a message he posted on his private account TwitterHe wrote a letter on the subject: “You have asked me to step down as your minister, and I have accepted,” he said in a letter sent to the Prime Minister of the United Kingdom.

He emphasized this when the official who took office took office September of this yearThey asked him to take up the position before the Ministry of Foreign Affairs, and he did so with full knowledge that the situation they were facing was difficult, in light of the rise in global interests and energy prices. However, he confirmed that the vision optimismThe growth and change of the president was true.

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    Pedro Dominguez

“As I have said several times in recent weeks, following the status quo is just writing an option. For too long, this country has been plagued by low growth rates and high transportation rates; this must change if this country is to succeed. The economic environment has changed rapidly since we established our growth plan on September 23. In response along with Bank of England and He stressed that the officials in the Treasury Department are excellent. We responded to those events, and I praise the officials for their dedication.

He said that on the part of the government, the medium-term financial plan will be decisive for this mission, expressing his hope that he will be able to join the official and his successor, to be able to achieve it.

“We have been colleagues and friends for many years. In that time, I have seen their dedication and determination. I believe your vision is correct. It has been an honor to be your first advisor. Your success is the success of this country and I wish you well,” he concluded.

Rumors had previously circulated in the British media about the dismissal of the holder of the position, as part of the Prime Minister’s decisions. Liz Truss.

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Kwarteng had just returned from United StateAfter cutting short his visit to Washington Facing pressures from its growth plan.


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