Washington | UK Chancellor of the Exchequer Kwasi Kwarteng cut short his trip to the US and was heading back to London late on Thursday (Friday AEDT) to continue work on the government’s long-term fiscal plan, a Treasury spokeswoman said.
Dr Kwarteng departed early from the International Monetary Fund’s meetings in Washington amid reports the UK government was preparing to abandon plans for a massive package of unfunded tax cuts that have roiled UK markets for the past three weeks.
