Liz Truss says Kwasi has put 'the national interest first'
In her letter to Kwasi Kwarteng, Liz Truss wrote: "Thank you for your letter. As a long-standing friend and colleague, I am deeply sorry to lose you from the Government."You have been Chancellor in extraordinarily challenging times in the face of severe global headwinds.
"You have cut taxes for working people by legislating this week to scrap the increase in National Insurance Contributions. "I deeply respect the decision you have taken today. You have put the national interest first," Truss said in a letter to Kwarteng. "Multiple sources are now telling me that Jeremy Hunt will be the new chancellor, although Ive not had official confirmation yet," Steven Swinford, Political Editor at the Times newspaper, said on TwitterIn his letter to Liz Truss, Kwasi Kwarteng wrote: "Dear Prime Minster."When you asked me to serve as your Chancellor, I did so in full knowledge that the situation we faced was incredibly difficult, with rising global interest rates and energy prices.
"It is important now as we move forward to emphasise your government's commitment to fiscal discipline. The Medium-Term Fiscal Plan is crucial to this end, and I look forward to supporting you and my successor to achieve that from the backbenches.
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