“The downfall of Kwasi Kwarteng is one of the fastest in British political history. Just three weeks ago, in the poorly named mini-budget, he ripped up years of Conservative economic strategy.
“The chancellor and prime minister were determined to take radical action in pursuit of economic growth. It didn’t matter if parts were unpopular, they would do it anyway.
“But key elements of the strategy proved too unpopular for the markets and for Tory MPs. The “Growth Plan” has now been scaled back, the chancellor has been removed from his job and the prime minister’s own future remains in the balance.”
Read more at BBC
