Liz Truss, the Prime Minister of the United Kingdom has sacked her newly appointed Chief Minister of Finance, Kwasi Kwarteng, over worsening economic crisis.
Kwarteng confirmed his dismissal in a letter posted on his Twitter handle.
Recall that Truss replaced former PM Boris Johnson over the unbearable financial problem bedeviling the nation.
Reacting to the letter, Kwarteng stated that he has “accepted” the development.
He appreciated the PM for the short period he worked with her in the new role, adding he did his best to address “the economic environment” that “has changed rapidly”.
According to the reports, Truss is yet to convince the UK Parliament that her team has what it takes to take the country forward.
ALSO, READ
