Who is Kwasi Kwarteng and why is he quitting British politics?
The Conservative MP is best known for the financial chaos he unleashed during 38 days as chancellor of the exchequer.
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The Conservative MP is best known for the financial chaos he unleashed during 38 days as chancellor of the exchequer.
A former speaker of the U.S. House and the British prime minister have struggled to corral the extreme right factions of their parties.
Britain’s stubbornly high inflation rate has come to symbolize a deeper economic malaise — a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.
The beleaguered British prime minister relinquished her office after just 44 days of political and economic tumult, the shortest tenure in British history.
In a round of interviews, the prime minister showed little sympathy for the pain that high interest rates could inflict on mortgage holders, critics said.