Kwasi Kwarteng: 'I told Liz Truss we should slow down after mini-budget'

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Kwasi Kwarteng: 'I told Liz Truss we should slow down after mini-budget'
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The former chancellor, who was sacked when the markets headed into a tailspin, says he told the-then PM: 'You will have two months if you carry on like this.'

The subsequent days saw the pound drop, mortgage products being withdrawn and the Bank of England having to step in to save some pension funds.

"But I think we should have had a much more measured approach, because we could have had, as we're having an Autumn statement. And of course, it'll be in the budget in April. Mr Kwarteng continued to point the finger squarely at Ms Truss, saying she was"very much of the view that we needed to seize the opportunity, and we hit the ground running", adding:"She's very dynamic, very forceful. That's a great strength."Asked who was responsible for the pace, he again said the former PM, who was"very much of the view that we needed to move things fast", adding:"But I think it was too quick.

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