Chancellor admits mini Budget caused 'a little turbulence' but says 'we couldn't simply do nothing'
Chancellor Kwasi Kwarteng has admitted his mini budget caused "a little turbulence", after weeks of economic turmoil sparked by his fiscal plan.Opening his speech to the Conservative Party conference, Mr Kwarteng said: "What a day."I know the plan put forward only 10 days ago has caused a little turbulence.
"I get it. I get it. We are listening and have listened, and now I want to focus on delivering the major parts of our growth package." He added: "Because with energy bills skyrocketing, a painful Covid aftermath, war on our continent, a 70-year high tax burden, slowing global growth rates and glacially slow infrastructure delivery, we couldn't simply do nothing.
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