severe economic crisis; British finance minister sacked | UK | Finance Minister

British finance minister Kwasi Kwarteng was expelled from the cabinet. The position was lost less than six weeks after the new government led by Prime Minister Liz Truss came to power. Kwasi faced huge criticism for his economic reforms in the country. The announcement of tax relief at a time when Britain was going through a severe economic crisis also led to a market crash. After this the dismissal. Kwasi Kwarteng, who had gone to Washington for the IMF conference, was recalled and fired. With this, Kwasi Kwarteng became the shortest serving minister since 1970. The new finance minister has not been announced