The Latest Breaking News from Kwasi Kwarteng

Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington

Kwarteng’s replacement is warned of inflation impact, crumbling services and financial ‘black hole’ that he has two weeks to fill

Record View says the vast majority of Truss’s own MPs can’t stand her and are openly plotting to remove her as quickly as possible.

Turmoil in Tory party takes centre stage after unconvincing moves by an unrepentant Truss to fix her policy crisis

It comes after she sacked her chancellor and ditched a major chunk of her mini-budget

It was not just having to U-turn on her signature policy of corporation tax cuts that sealed her fate. It was her complete inability to show any contrition for the damage she has inflicted on her country and her party

Liz Truss is now desperately clinging to power as her own MPs attempt to find a replacement for the PM, who some describe has made the party a 'laughing stock'

Having seen her government’s popularity plummet just weeks after taking office, British prime minister Liz Truss has sacked her chancellor of the exchequer, Kwasi Kwarteng in a bid to save herself. Kwarteng, widely seen as Truss’s right-hand man, was rushed back to London from New York for the occasion, where…

Kwasi Kwarteng had been chancellor for just 38 days, the second-shortest time ever spent in the post, as Liz Truss replaced him with Jeremy Hunt on a day rapidly descending into farce

‘His view is that the wagons are still going to circle’

The British Conservative Party can’t figure out what it wants.