Kwasi Kwarteng: Liz Truss’s chancellor standing down at election

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Former Conservative chancellor Kwasi Kwarteng has introduced that he’s quitting parliament at the basic election later this 12 months.

The senior determine within the short-lived Liz Truss authorities – the minister liable for the disastrous mini-Budget – will stand down in his “blue wall” Surrey seat of Spelthorne.

Mr Kwarteng has been largely unapologetic for the spree of unfunded tax cuts which noticed him fired as chancellor solely 5 weeks into the job.

He has additionally lashed out as his former boss and ally – saying Ms Truss was “not wired” to be PM and would have “blown up” one thing if that they had escaped the autumn assertion debacle.

“It has been an honour to serve the residents of Spelthorne since 2010, and I shall continue to do so for the remainder of my time in parliament,” Mr Kwarteng posted on X, previously Twitter.

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