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Acronyms that contain the term kwasi kwarteng 

What does kwasi kwarteng mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: kwasi kwarteng.

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What does kwasi kwarteng mean?

Kwasi Kwarteng
Akwasi Addo Alfred Kwarteng (born 26 May 1975) is a British Conservative Party politician who has been the Member of Parliament (MP) for Spelthorne in northern Surrey since May 2010. He was Secretary of State for Business, Energy and Industrial Strategy in the Boris Johnson government from 2021 to 2022, and Chancellor of the Exchequer in the short-lived Liz Truss government between September and October 2022.Kwarteng was born in London to Ghanaian immigrant parents and was educated at Eton College and Trinity College, Cambridge. He worked as a columnist for The Daily Telegraph and as a financial analyst before standing for election to the House of Commons. As a backbencher, Kwarteng co-wrote a number of papers and books, including After the Coalition (2011) and Britannia Unchained (2012). In November 2018, Kwarteng was appointed Parliamentary Under-Secretary of State for Exiting the European Union by Theresa May. After May resigned in 2019, Kwarteng supported Boris Johnson's bid to become Conservative leader. Following Johnson's appointment as Prime Minister, he appointed Kwarteng as the Minister of State for Business, Energy and Clean Growth. In January 2021, Kwarteng was promoted to the office of Secretary of State for Business, Energy and Industrial Strategy, a role he retained throughout the remainder of Johnson's premiership. After Johnson resigned in 2022, Kwarteng supported Liz Truss's bid to become Conservative leader. Following Truss's appointment as Prime Minister, she appointed Kwarteng as Chancellor of the Exchequer. He was the first black Chancellor. On 23 September, Kwarteng announced various tax cuts in a "mini-budget" that was widely criticised and which briefly caused sterling to fall to its lowest-ever level against the US dollar. Kwarteng was dismissed as Chancellor on 14 October after 38 days, making him the second-shortest-serving Chancellor. He was succeeded by Jeremy Hunt, appointed by Truss and retained by Rishi Sunak following Truss's resignation.

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