UK's Truss fires finance minister as budget plan in ruins
Britain's dismissed Chancellor of the Exchequer Kwasi Kwarteng walks out of Number 11 Downing Street in central London on October 14, 2022. PHOTO | ISABEL INFANTES | AFP
British Prime Minister Liz Truss on Friday fired her finance minister after prolonged market turmoil, but some Conservatives were plotting their new leader's own demise as her right-wing economic agenda imploded.
Kwasi Kwarteng became the second shortest-lived chancellor of the exchequer in UK political history, paying the price after Truss's crash programme of unfunded tax cuts terrified the financial markets.
