Former Health Secretary will take over from Kwasi Kwarteng following his dramatic sacking.
I believe your vision is the right one. "It is important now as we move forward to emphasise your government's commitment to fiscal discipline. In that time, I have seen your dedication and determination. The news means that Mr Kwarteng is the second the second shortest-serving UK chancellor on record. Multiple reports have now confirmed speculation that Mr Hunt is the new Chancellor. "The economic environment has changed rapidly since we set out the Growth Plan on 23 September.
STRICTLY SPEAKING, the chancellor of the exchequer—Britain's finance minister—is not in charge of his own department. The First Lord of the Treasury is the ...
Mr Kwarteng’s successor, Jeremy Hunt, is the sixth chancellor in just over three years. Gordon Brown, the longest-serving modern chancellor, spent ten years in the job before succeeding Tony Blair as prime minister. Mr Kwarteng’s chancellorship is the second shortest of modern times.
The appointment came as Prime Minister Liz Truss prepares to hold a press conference this afternoon, where she is expected to announced major U-turns on her ' ...
The now ex-chancellor Kwarteng was asked to "stand aside" by the prime minister after days of speculation about the security of his role amid the fall out from the Mini Budget. Kwarteng, who held the role for 38 days, commented on the market and economic turmoil that has followed the tax and energy regimes in his departing letter sent to the prime minister Liz Truss. Alongside the chancellor, Edward Argar has been appointed Chief Secretary of the Treasury after the now former secretary Chris Philp was been moved to the Cabinet Office following the removal of Kwarteng.
Kwasi Kwarteng has paid the price for the chaos unleashed by his mini-budget as he was reportedly sacked by Liz Truss.
"People are angry, fed up and worried about the future. Most of all they are furious that Conservative MPs seem to think this is an acceptable way to conduct the government of our country in these difficult times. It didn't suddenly start with Kwarteng but it must end now.
After being asked to step down by Liz Truss, Kwasi Kwarteng is the second shortest-serving Chancellor of the Exchequer in UK history.
Sources say he was phoned by Liz Truss and dismissed from his position in a shake-up of the government and Truss' economic plans. Jeremy Hunt was also a long-serving Health Secretary, serving under the governments of David Cameron and Theressa May. He died suddenly of a heart attack, only serving in the post for a month. [Kwarteng](https://www.bournemouthecho.co.uk/news/national/uk-today/23048972.footage-kwasi-kwarteng-university-challenge-re-surfaces/) only lasted a little over a month in the second most senior government position, another Chancellor was actually the shortest serving in UK history. The shortest-serving Chancellor in UK history was British Conservative MP Iain Macleod who was Chancellor of the Exchequer from June 20, 1970, to July 20, that same year. [Chancellor, Kwasi Kwarteng](https://www.bournemouthecho.co.uk/news/national/uk-today/23049017.new-chancellor-uk-kwasi-kwarteng-breaks-silence-sacked-liz-truss/?ref=rss) recently became the second shortest-serving [Chancellor of the Exchequer](https://www.bournemouthecho.co.uk/news/national/23047602.chancellor-returns-early-us-expectation-major-u-turn-grows/) after leaving the position earlier today.
wasi Kwarteng has resigned as Chancellor of the Exchequer because of the backlash to his mini-budget. He was recalled from an IMF meeting in Washington DC ...
The Chancellor of the Exchequer is the So who is Kwarteng, and how did he come to be chancellor? The rise will therefore go ahead. He was recalled from an IMF meeting in Washington DC and met the prime minister, Liz Truss, on Friday October 14, who asked for his resignation. What does the Chancellor of the Exchequer do? The new Chancellor of the Exchequer is Jeremy Hunt.