Kwasi Kwarteng has been sacked by Liz Truss in the latest blow to the Conservative party. The former Chancellor, who had been in post for just 38 days, said he accepted the Prime Minister's request for him to 'stand aside' from his role on Friday (October 14).
Mr Kwarteng flew back early from International Monetary Fund talks in Washington to be informed of his fate in a brief meeting with the Prime Minister, it was reported.
His departure may give Ms Truss some brief breathing space as she seeks to shore up her battered authority after weeks of turmoil following his “fiscal event” last month.
However it will also raise fresh questions about her chances of survival – because she was closely linked to the policies that caused the problems.
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