kwasi kwarteng

Akwasi Addo Alfred Kwarteng (born 26 May 1975) is a British Conservative Party politician who has been the Member of Parliament (MP) for Spelthorne in northern Surrey since 2010. He was Secretary of State for Business, Energy and Industrial Strategy from 2021 to 2022, before serving as Chancellor of the Exchequer under Liz Truss from September to October 2022.Kwarteng was born in London to Ghanaian immigrant parents and was educated at Eton College and Trinity College, Cambridge. He worked as a columnist for The Daily Telegraph and as a financial analyst before standing as an MP. In November 2018, Kwarteng was appointed Under-Secretary of State at the Department for Exiting the European Union. Following the election of Boris Johnson as Prime Minister in July 2019, Kwarteng was promoted to Minister of State for Business, Energy and Clean Growth, attending Cabinet as part of the role. In January 2021, Kwarteng was promoted to Business Secretary.
After Johnson resigned in 2022, Kwarteng supported Liz Truss's bid to become Conservative leader. Following Truss's appointment as Prime Minister, she appointed Kwarteng as Chancellor of the Exchequer. On 23 September, Kwarteng announced various tax cuts in a "mini-budget" that was widely criticised and which briefly caused sterling to fall to its lowest-ever level against the US dollar. Kwarteng was dismissed as Chancellor on 14 October after 38 days, making him the second-shortest-serving post-war Chancellor.

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