Britain's Liz Truss has sacrificed her finance minister and closest political ally just weeks into her premiership in order to save her own skin, but the crisis is far from over. | Analysis by Luke McGee
Liz Truss has sacrificed her finance minister and closest political ally just weeks into her premiership in order to save her own skin. On Friday morning, Britain’s Chancellor of the Exchequer, Kwasi Kwarteng, was summoned a day early back to London from the United Sates straight to Downing Street, where he was relieved of his duties. The move came three weeks after Kwarteng announced a controversial mini-budget full of unfunded tax-cutting measures that sent financial markets into meltdown.
He is respected by both the left and right of the party and has a calm, reassuring and familiar nature that appeals to a certain type of Conservative. However, he is also easy for the opposition Labour Party to attack. Hunt-skeptics point out that his record in government is patchy. Whether the accusations are true or not, it would be possible for opposition leaders to say that as health secretary, he failed to adequately prepare Britain’s health service for the coronavirus pandemic.
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