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    Latest News - UK News

    Kwasi Kwarteng blames Queen’s death for Budget shambles as Tories plunge into all-out war

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    By News Team on October 5, 2022 UK News
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    Under-fire Chancellor Kwasi Kwarteng said the national mourning period added to pressure in the build-up to his Commons statement – which plunged the Conservatives’ poll ratings into freefall

    Kwasi Kwarteng

    Embattled Chancellor Kwasi Kwarteng sought to blame the Queen’s death for his botched mini-Budget which unleashed financial turmoil and hiked mortgage rates.

    Mr Kwarteng said the national mourning period added to pressure in the build-up to his Commons statement which plunged the Conservatives’ poll ratings into freefall.

    On an unprecedented day of chaos at the party’s conference in Birmingham, top Tories were embroiled in a bitter civil war as senior ministers fought over benefit cuts, tax slashing and raising the retirement age.

    Beleaguered Prime Minister Liz Truss twice refused to say if she “trusted” the Chancellor – less than 24 hours after No10 insisted she had “full confidence” in the Treasury chief.

    https://www.mirror.co.uk/news/politics/kwasi-kwarteng-blames-queens-death-28154596

    News Briefing The Daily Mirror UK News
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