Kwasi Kwarteng
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U.K. finance minister Kwasi Kwarteng out as Liz Truss pivots amid outcryIt comes after a month in the job - and three weeks after he announced a tax-cutting “mini budget” that sent the pound plunging to record lows against the dollar.WorldOct 14, 2022
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British pound stable after sharp drop, but analysts warn it’s ‘too little, too late’The United Kingdom's pound has stabilized a day after plummeting to a record low as the British government plans tax cuts to deal with a cost-of-living crisis.EconomySep 27, 2022
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Bank of England warns of more interest rate hikes as pound hits record lowThe United Kingdom's pound sterling hit a record low compared with the U.S. dollar in trading on Monday as the new government announced major tax cuts.EconomySep 26, 2022
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