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Former Chancellor Kwasi Kwarteng tells why Jeremy Hunt 'has done a good job' with the budget.
How much does she blame Kwasi Kwarteng for the mess?
In October last year, the long-time frontbencher was thrust into the key position after his predecessor Kwasi Kwarteng resigned from the post.
It comes after the former chancellor, Kwasi Kwarteng, and former prime minister Liz Truss came under fire after failing to work with the OBR on an assessment ahead of their mini-budget announcement that caused an economic fallout last autumn.
Just ahead of the ludicrously labelled “fiscal event” even Kwasi Kwarteng was warning her: “You have got to slow it all down.”
Source: https://www.politicshome.com/thehouse/article/baroness-wheatcroft-reviews-out-of-the-blue
Kwasi Kwarteng said his mortgage payments had gone up ‘a great deal’ since the economic turmoil.
Ms Truss was forced out of office last October after the budget of £45 billion of tax cuts outlined by her chancellor Kwasi Kwarteng sparked an economic crisis.