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Breaking: Kwasi Kwarteng sacked as British chancellor
Kwasi Kwarteng has been sacked as chancellor, just weeks after he announced unfunded tax cuts that triggered financial turmoil.
CityNews Nigeria reports that Kwarteng met PM Liz Truss at Downing Street a little earlier, after cutting short a US visit and flying back to London.
In a letter confirming his sacking, Kwarteng backs Truss’s economic “vision” for the county and says he will continue to support her from the backbenches.
Details later….
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