This is our daily post that is shared across Twitter & Telegram and published first on here with Kindness & Love XX on peace-truth.com/

#AceNewsRoom With ‘Kindness & Wisdom’ Oct.14, 2022 @acebreakingnews

Follow Our Breaking & Daily News Here As It Happens:

#AceBreakingNews – Kwasi Kwarteng sacked as Chancellor by Liz Truss amid mini-budget pressure according to GB News Aden-Jay Wood Digital Producer

Kwasi Kwarteng returned to the UK from the US a day earlier than planned on Friday

NEW: Kwasi Kwarteng’s letter to Truss confirms he was sacked: “You have asked me to stand down as your chancellor. I have accepted”.

But he claims that he *still* believes her economic vision is the “right one”. pic.twitter.com/2eXKg1J4Gi

— Pippa Crerar (@PippaCrerar) October 14, 2022

friday 14 October 2022 – 13:06

Kwasi Kwarteng has been sacked as Chancellor by Liz Truss following growing calls for a U-turn on his controversial mini-budget.

Mr Kwarteng flew back to London on Friday for crisis talks after cutting short a visit to the International Monetary Fund’s annual meeting in Washington.

It follows days of turmoil in the markets amid concerns about the impact of his £43 billion tax giveaway on the public finances.

Before he left the US, Mr Kwarteng answered “absolutely 100 percent” when asked if he will be in office in a month, adding: “I’m not going anywhere.”

Kwasi KwartengStefan Rousseau

Prime Minister Liz Truss and Kwasi KwartengStefan Rousseau

The markets, meanwhile, were calmer in early trading after reports that a major climbdown is being prepared helped settle nerves among investors.

Mr Kwarteng initially insisted he stood by his economic growth plan and would be setting out how he intends to get public finances back on track in a statement on October 31 as planned.

But with few MPs believing he can afford to wait that long, he later said “let’s see” when asked if he could ditch his promise on corporation tax.

The commitment to scrap the planned increase in the levy on corporate profits from 19 percent to 25 percent is widely seen as likely to be the first element to go if the expected U-turn goes ahead.

After sacking Mr Kwarteng, Ms Truss is to hold a press conference later on Friday amid speculation of a major U-turn.

More to follow…

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com