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Hunt seems to reject claims mini-budget can’t be blamed for monetary turmoil | Financial coverage

Newsican Admin by Newsican Admin
November 11, 2022
in World News
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Jeremy Hunt has appeared to reject options by his predecessor that the “black hole” in Britain’s funds can’t be blamed on the short-lived Truss administration.

In his first interview since he was sacked by Liz Truss, Kwasi Kwarteng revealed he had advised the previous prime minister to “slow down” with their £45bn programme of tax cuts.

The overhaul triggered financial turmoil, with authorities borrowing prices hovering, the pound plummeting to a 37-year low and the Financial institution of England…



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