severe economic crisis; UK finance minister Kwasi Kwarteng sacked the finance minister Liz Truss

London – British finance minister Kwasi Kwarteng has been expelled from the cabinet. The action comes less than six weeks after the new government headed by Prime Minister Liz Truss took office. Kwasi faced huge criticism for his economic reforms in the country.

The announcement of the tax relief at a time when Britain was going through a severe economic crisis had led to a market crash. This is followed by expulsion. Kwasi Kwarteng, who had gone to Washington for the meeting of the International Monetary Fund (IMF), was recalled and fired.

With this, Kwasi Kwarteng became the shortest minister since 1970. Quasi will be replaced by former foreign and health secretary Jeremy Hunt.

English Summary: UK finance minister Kwasi Kwarteng sacked