Kwasi Kwarteng has today been sacked as Chancellor after being met with widespread backlash over his latest mini-budget.
Kwarteng was appointed to the role by Prime Minister Liz Truss only 38 days ago, but many detractors believed he was on his way out the door after he unveiled his mini-budget on 23 September – where he notably and controversially announced £45 billion in unfunded tax cuts.
Kwarteng confirmed in a letter written to the Prime Minister and shared to social media this afternoon that he was asked to “stand aside” as Chancellor.
His letter reads in full: “You have asked me to stand aside as your Chancellor. I have accepted.
“When you asked me to serve as your Chancellor, I did so in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices.
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“However, your vision of optimism, growth and change was right.
“As I have said many times in the past weeks, following the status quo was simply not an option. For too long this country has been dogged by low growth rates and high taxation – that must still change if this country is to succeed.
“The economic environment has changed rapidly since we set out the growth plan on 23 September. In response, together with the Bank of England and excellent officials at the Treasury we have responded to those events, and I commend my officials for their dedication.
“It is important now as we move forward to emphasise your government’s commitment to fiscal discipline. The medium-term fiscal plan is crucial to this end, and I look forward to supporting you and my successor to achieve that from the backbenches.
“We have been colleagues and friends for many years. In that time, I have seen your dedication and determination. I believe your vision is the right one. It has been an honour to serve as your first chancellor.
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“Your success is this country’s success and I wish you well.”
Kwasi Kwarteng sacked as Chancellor by Liz Truss after mini-budget backlash / Credit: 10 Downing Street
Kwarteng’s sacking this afternoon following growing backlash from various sides comes after he suddenly U-turned on his plans to scrap the 45p rate of income tax for the UK’s highest earners at the start of this month.
The change of heart came just 10 days after he unveiled his mini-budget, which led to 10 day of market turmoil and fierce pressure from both within Conservative party and from opposition.
Kwarteng said that the proposals had “become a distraction” in his U-turn statement.
His statement read: “From supporting British business to lowering the tax burden for the lowest paid, our Growth Plan sets out a new approach to build a more prosperous economy. However, it is clear that the abolition of the 45p tax rate has become a distraction from our overriding mission to tackle the challenges facing our country.
“As a result, I’m announcing we are not proceeding with the abolition of the 45p tax rate.”
Featured Image – Kyle Heller (via 10 Downing Street)
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Family pay tribute to father-of-two killed in Rochdale plane crash
Daisy Jackson
The family of a man killed in a light aircraft crash in Rochdale have paid tribute to a ‘deeply loving father and devoted husband’.
36-year-old Arian Abbasi was one of two men killed when an aircraft crashed into farmland in Littleborough in Rochdale last week, after travelling from Birmingham.
Emergency services rushed to the scene shortly after 11am on Tuesday 3 February, but sadly pronounced both men dead at the scene.
It’s believed there was no one else on board the aircraft, and there were no reported injuries on the ground.
Now, Arian’s family have issued a moving tribute to him. He was a pilot from Harrow in Greater London.
They described him as being a ‘deeply loving’ family man, whose passion was flying.
He was about to embark on a new chapter with a commercial airline in just a few weeks’ time.
His family said: “He lived his life for his family and friends, giving them his constant love, strength, and support.
“Flying was his passion, and he was on the brink of beginning an exciting new chapter with a commercial airline on 23 February; a dream he had worked toward with immense pride and determination.”
GMP investigations are now focused on finding part of the parachute system which contains propellant and hasn’t yet been located.
Finding the device has been ‘very difficult’ due to the nature of the terrain and the wide area over which it may have travelled.
It measures approximately 10 cm in diameter and 30 cm long and has a red anodised finish. It weighs less than 2 kg. It may have a silver metal collar attached at one end.
GMP said: “Please do not handle the device if you see it. If discovered, contact the police immediately via 101 or our Live Chat at gmp.police.uk, quoting log 1056 of 03/02/26.”
Homeless children in Greater Manchester will now get free bus travel to and from school
Emily Sergeant
Children who are currently living in temporary housing in Greater Manchester are set to get extra support with school travel.
In a move that was announced by Transport for Greater Manchester (TfGM) at the end of last week, and following years of campaigning, homeless children living in temporary accommodation are now set to get free school travel on all Bee Network buses.
TfGM says it understands that some children end up a long way from their school when placed into temporary accommodation, and this leaves parents or carers with the difficult choice of either having to move them to a closer school, which ultimately disrupts their education, or having to pay unexpected travel costs.
While the Greater Manchester Strategy – which is the plan for the city region’s next decade – commits to reducing the number of families and children in temporary accommodation, and measures are also being taken to make sure residents have the support they need to ‘access, improve, and retain’ a decent, affordable home, this doesn’t tackle the immediate issue.
Homeless children in Greater Manchester will now get free school bus travel / Credit: TfGM
So, to help those families when they ‘need it most’, free bus travel to and from school is set to be provided, as subject to approval of this year’s Combined Authority budget.
The move comes after Greater Manchester Mayor Andy Burnham asked TfGM last year to look at options to help with the cost of travel.
“Using our locally-controlled Bee Network buses to support families when they need it most is the right thing to do,” Andy Burnham commented.
Of course, the long-term solution is no kids in TA and we’re working with our councils to achieve this in the next few years.
We can do it because GM will soon hit the point where we are building more council and social homes every year than we’re losing through right-to-buy. 👍🏻
“A move into temporary accommodation is often a massive upheaval for families and can be a worrying time. With this measure, the cost of travel to school will be one less thing for families to worry about.
“It will mean parents and carers don’t have to choose between an extra demand on their household budget and keeping their children with friends and teachers they know and trust.”