{"id":1224694,"date":"2022-10-14T15:37:45","date_gmt":"2022-10-14T15:37:45","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/14\/kwasi-kwarteng-out-as-uk-chancellor\/"},"modified":"2022-10-14T15:37:45","modified_gmt":"2022-10-14T15:37:45","slug":"kwasi-kwarteng-out-as-uk-chancellor","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/14\/kwasi-kwarteng-out-as-uk-chancellor\/","title":{"rendered":"Kwasi Kwarteng out as UK Chancellor"},"content":{"rendered":"<p><\/p>\n<div wp_automatic_readability=\"14\">\n<p>Kwasi Kwarteng is no longer chancellor, the BBC has reported.<\/p>\n<p>This comes after speculation that the British Prime Minister, Liz Truss will on Friday announce a U-turn on parts of the mini-budget.<\/p>\n<p>Here\u2019s a quick recap of his political career:<\/p>\n<ul>\n<li>Like Truss, a member of the \u201cclass of 2010\u201d, elected into Spelthorne, Surrey, when the Conservatives gained power in the general election that year.<\/li>\n<li\/>\n<li>Co-authored a controversial 2012 book, Britannia Unchained, with Truss and others, which suggested British workers were \u201cidlers\u201d \u2013 a view from which he later distanced himself<\/li>\n<li>Backed Leave in the 2016 EU referendum.<\/li>\n<li\/>\n<li>Became business secretary in the government of Boris Johnson, which was seen as a reward for backing Johnson\u2019s leadership bid.<\/li>\n<li\/>\n<li>Also backed Liz Truss in her own 2022 leadership campaign and was described as the PM\u2019s political soulmate before being made her finance minister.<\/li>\n<li\/>\n<li>Presented a mini-budget on 23 September which pledged \u00a345bn of tax cuts, funded by borrowing, which was followed by market turbulence and intervention from Bank of England.<\/li>\n<\/ul>\n<p><div class=\"youtube-embed\" data-video_id=\"05tYloYjsjs\"><iframe loading=\"lazy\" title=\"Premtobre Kasee on Adom TV (14-10-22)\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/05tYloYjsjs?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kwasi Kwarteng is no longer chancellor, the BBC has reported. This comes after speculation that the British Prime Minister, Liz Truss will on Friday announce a U-turn on parts of the mini-budget. Here\u2019s a quick recap of his political career: Like Truss, a member of the \u201cclass of 2010\u201d, elected into Spelthorne, Surrey, when the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1224696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-1224694","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1224694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1224694"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1224694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1224694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1224694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1224694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}