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.
ADVERTISEMENT
“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.
ADVERTISEMENT
“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)
News
‘Groundbreaking’ new police team launches on Bee Network to make it one of the safest in the world
Emily Sergeant
A ‘groundbreaking’ new policing model aimed at making the Bee Network one of the safest public transport networks in the world has launched.
Described as being ‘pioneering’, the first-of-its-kind approach – named the Transport Policing and Crime Command (TPACC) – will bring Greater Manchester Police (GMP), Transport for Greater Manchester (TfGM), and Greater Manchester Combined Authority (GMCA) even closer together to tackle crime, antisocial behaviour, and safety issues across the region’s transport network.
So, how will it work then? Well, according to TfGM, the command will ‘effectively establish’ the Bee Network as GMP’s eleventh policing district.
It will bring together up to 300 personnel, including new police officers, who are all involved in keeping the network safe and providing greater reassurance to passengers travelling across the region.
Efforts to keep passengers safe on buses, trams, active travel routes, and roads across Greater Manchester will be ‘strengthened’ through the new team – improving co-ordination in response to incidents, and helping to reassure communities.
A ‘groundbreaking’ new police team has launched on the Bee Network to make it one of the safest in the world / Credit: TfGM
The new team will also incorporate the existing Roads Policing Unit within GMP that includes specialist functions such as the Central Ticket Office, the Tactical Vehicle Intercept Unit, the motorbike unit, the Commercial Vehicle Unit, the Serious Collision Investigation Unit, and more.
Overall, the key focus of TPACC is to:
Increase public confidence on safety across the transport network
Reduce violence, antisocial behaviour and criminality across the transport network
Increase the number of users of the Bee Network across Greater Manchester
The launch of TPACC is said to represents ‘the next phase’ of Greater Manchester’s commitment to creating a ‘safer, more secure, and more welcoming’ transport network for everyone who lives, works, and travels across the region.
“I want a world-class Bee Network where everyone feels safe,” commented Greater Manchester Mayor, Bev Craig.
“Our new dedicated transport policing command will bring together more than 300 police and safety officers, with high-profile patrols across our roads and the Bee Network. It means a stronger presence in our communities and faster action when people need help.
“TPACC will also crack down on dangerous driving to reduce the number of deaths and serious injuries on our roads, which have devastating consequences for families and communities.”
Featured Image – TfGM
News
Two arrested after assaulting and burgling 90-year-old woman in Stockport suburb
Emily Sergeant
Two people have been arrested following reports of an assault and burglary at a 90-year-old woman’s home in a Stockport suburb.
While en-route to the incident in Heald Green – which was reported to Greater Manchester Police (GMP) at around 2:30am on 29 October – officers located the victim’s vehicle being driven by an unknown man.
The stolen vehicle made off from police before it lost control, went up a grass verge, and collided with a stationary vehicle.
Police confirmed that a white British man, aged 41, was arrested at the scene on suspicion of a burglary and serious assault, while a white British woman, aged 47, was also later arrested on suspicion of burglary and serious assault – with both remaining in custody for questioning.
The victim, a 90-year-old woman, was taken to hospital for treatment and is being supported by specialist officers, although luckily, her injuries are not life-threatening.
Enquiries are now ongoing, and officers are working to establish the full circumstances of the shocking incident.
“This was undoubtedly a traumatic experience for the victim, and we have specialist officers supporting her through this investigation,” explained Detective Inspector Craig Turner, from Stockport CID.
“This was a violent burglary and thanks to the brave victim reporting it, our officers made two swift arrests with the suspects taken into police custody to be interviewed.
“We believe this was a targeted attack and there is no wider risk to the community. Extra patrols of officers have been deployed to the area to offer reassurance to members of the community. Please let them know if you have any concerns.
“We are committed to tackling dangerous offenders and keeping our communities safe from harm.”