His dismissal makes Mr Quarteng Britain’s youngest chancellor since 1970
His dismissal makes Mr Quarteng Britain’s youngest chancellor since 1970
Britain’s Finance Minister Quasi Quarteng has been sacked after less than six weeks in the job, the BBC reported on October 14, 2022, as the government’s massive tax cuts caused financial market turmoil Was.
The BBC said Mr Quarteng is no longer the Chancellor of the Exchequer. The Times newspaper had previously reported that Mr Quarteng was expected to be sacked.
His sacking has made Mr Quarteng Britain’s youngest chancellor since 1970, and his successor will be Britain’s fourth finance minister in as many months as the country grapples with a subsistence crisis.