HUMILIATED Kwasi Kwarteng was flying at 36,000ft over the Atlantic when the axe fell on his short time in office. The ex-Chancellor raced back early from high-level talks with finance ministers in …
Mr Kwarteng arrived via the back entrance just after noon and left shortly after, having accepted the PM’s request to “stand aside”.
But another Tory MP said: “He was singing from the same hymn sheet as Liz right up until she let him go. He was effectively dragged back and shot.” He spectacularly reversed the decision to abolish the 45p top rate of tax for high earners — and yesterday Ministers abandoned slashing corporation tax from April next year.
In their exchange of letters after his sacking, Ms Truss told him: “I deeply respect the decision you have taken today. You have put the national interest first.”
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