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The Latest Breaking News from Kwasi Kwarteng

New finance minister Kwarteng gives UK PM Truss key ally in economic storm

In Kwasi Kwarteng, Prime Minister Liz Truss has picked an ideological ally as Britain's new finance minister, charging him with tackling a cost-of-living crisis with a tax-cutting, big-spending plan that has worried markets.

Reuters

Kwasi Kwarteng named Britain's new finance minister

Britain's new Prime Minister Liz Truss has appointed business and energy secretary Kwasi Kwarteng as the new finance minister, her office said in a statement on Tuesday.

Reuters

Kwasi Kwarteng appointed Chancellor in Liz Truss's new Cabinet

KWASI Kwarteng has been appointed Chancellor of the Exchequer in Liz Truss’s Cabinet.

The National (Scotland)

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Who is Kwasi Kwarteng? Meet new Chancellor who branded Brits 'worst idlers'

Close ally of the new prime minister was first elected in 2010 and has been serving as business secretary in Boris Johnson's government since January 2021

Daily Mirror

Record of climate denialism indicates how Rees-Mogg will handle energy brief

Green businesses and investors say prospect of green energy sceptic as cabinet minister in charge does not inspire confidence

The Guardian - UK

Liz Truss kicks off Cabinet reshuffle as Dominic Raab and Grant Shapps SACKED

The new Prime Minister kicked off building her new-look Cabinet just 40 minutes after entering Downing Street - with a purge of Rishi Sunak supporters

Daily Mirror

Liz Truss Cabinet: The full list of appointments made by the new Prime Minister

Liz Truss has unveiled her picks for Chancellor, Home Secretary and Foreign Secretary among others

Evening Standard

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Duncan Smith turns down Truss Cabinet job

The former Tory leader said he is happy to remain on the backbenches.

The Independent UK

We need to be prepared for what Trussonomics will mean

What we are about to get is the exact opposite of Thatcherism: an inflationary boom where we try to live beyond our means, but delivered with Thatcheresque determination, writes Sean O’Grady

The Independent UK

British chipmaker IQE urges government support for industry as Newport Wafer Fab review delayed again

Business secretary Kwasi Kwarteng began a review into a deal to acquire the Newport Wafer Fab in May citing national security concerns

Evening Standard

Who will be in Liz Truss’s Cabinet?

New PM has been busy drawing up her top team ahead of her coronation

The Independent UK

Kwasi Kwarteng: The chancellor with a tough task ahead

The former business secretary’s delicate political manoeuvring has served him well, including backing Liz Truss. But, asks Tom Peck, is ideological fantasy about to hit reality?

The Independent UK

Liz Truss: Who will be in Tory frontrunner’s cabinet as she prepares to replace Boris Johnson?

Firm favourite to become PM has been busy drawing up her top team ahead of expected coronation

The Independent UK

Conservative winner Truss to make public debut as UK leader

Newly elected Conservative leader Liz Truss will officially become Britain's prime minister on Tuesday

The Independent UK

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The Guardian - UK

Tuesday briefing: A victory that fell short of a coronation

In today’s newsletter: As Truss travels to Balmoral to accept the prime ministership, a look at some of the must-read pieces about her policies, her opposition and her future at No 10

The Independent UK

Liz Truss ‘to freeze energy bills for homes and businesses within days’

Truss team working up ‘bold’ loan scheme that could see bills kept at current levels

The Independent UK

Liz Truss prepares energy crisis plan as she enters No 10

The new Tory leader will be formally invited by the Queen to form a government.

Daily Mirror

'New Prime Minister Liz Truss is raring to make life worse for Black Britain'

We should be worried, says Darren Lewis, with a new PM who's promising to take a harder line on immigration, and threatening to stoke up culture wars

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The Guardian - UK

Liz Truss to appoint cabinet of loyalists as she becomes UK’s next prime minister

Britain’s fourth Tory prime minister in six years begins race against time to deal with cost of living emergency on Tuesday

The Guardian - UK

UK’s four great offices of state may soon not feature a white man for first time

Liz Truss expected to make James Cleverly foreign secretary, Suella Braverman home secretary and Kwasi Kwarteng chancellor

Asharq Al-Awsat

Liz Truss Vows Tax Cuts after Winning Vote to Be Next British PM

Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle a deepening energy and cost of living crisis. After weeks of an often bad-tempered and divisive leadership contest,…

Daily Mirror

7 worrying things you need to know about Liz Truss now she's Prime Minister

The teenage Lib Dem turned Thatcher wannabe was crowned Boris Johnson's successor with 57% of the vote - and becomes your new Prime Minister

The Guardian - UK

Trussonomics will be a reckless exercise in slashing the state when there’s nothing left to cut

Thatcherism was disastrous 40 years ago, but the new prime minister seems intent on reviving it to meet the crises of 2022, says sociologist and political economist William Davies

Manchester Evening News

Who is expected to be in Liz Truss' new Cabinet?

The new Prime Minister will be finalising her Cabinet roles

The Independent UK

Kwasi Kwarteng and Kemi Badenoch already joint-favourites to replace Liz Truss as Tory leader

Truss beat rival Rishi Sunak to win the Tory leadership contest and will now replace Boris Johnson as prime minister

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