News > Britain’s Finance Minister Kwasi Kwarteng has been sacked 

Britain’s Finance Minister Kwasi Kwarteng has been sacked 

Britain’s Finance Minister Kwasi Kwarteng has been sacked after less than six weeks in the job, the BBC reported on October 14, 2022, as the government’s massive tax cuts sparked financial market turmoil.

Mr Kwarteng is no longer Chancellor of the Exchequer, the BBC said. His sacking makes Mr Kwarteng Britain’s shortest-serving chancellor since 1970.