Is Kwasi Kwarteng wrong, or just the right man at the wrong time?
Britain’s treasurer is thick-skinned, supremely sure of himself, and ready to be unpopular in pursuit of his cause. But the same may not be true of his party.
London | British Chancellor Kwasi Kwarteng was on a regional visit to the north of England on Thursday when a journalist asked him if he had a message for financial markets.
This was his chance. He hadn’t been heard from in public since the pound cratered to a record low, the gilt markets had fallen into chaos, the Bank of England had rushed in with emergency measures, and the International Monetary Fund had given him stick.
Loading...
Hans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.
