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Finance minister with Truss says he warned her economic plan would drive her out of Downing Street

MADRID, 11 Nov.

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Finance minister with Truss says he warned her economic plan would drive her out of Downing Street

MADRID, 11 Nov. (EUROPA PRESS) -

Kwasi Kwarteng, UK finance minister during Liz Truss' brief tenure, has confessed that he warned the prime minister that her heavily criticized economic and fiscal plan, which she had to back down, would get her out of Downing Street in "three or four weeks.

Kwarteng was dismissed in mid-September after only a week in office after both the markets and members of the Conservative Party itself questioned his tax reform proposal, an episode that finally took Truss herself ahead at six weeks after becoming prime minister.

Now the former Minister of Finance has granted an interview for the British TalkTV in which he has confessed that even then he warned Truss that he should "slow down" with his economic and fiscal proposal, and warned him that dismissing him was "crazy" , collects BBC.

According to Kwarteng, after warning the 'premier' that the economic proposals would end up driving her out of 10 Downing Street, she replied that it was what she should do because she only had a two-year term before the United Kingdom goes to court. polls in January 2025 at the latest.

"I think the prime minister was of the opinion that we needed to move things fast. But I think it was too fast," confessed Kwarteng, a political ally and personal friend of Truss, who has indicated that he found out about his dismissal on Twitter while He was heading to Downing Street after being summoned by the head of government.

This interview has been strongly criticized by the shadow finance minister, Labor Rachel Reeves, who has called Kwarteng's "chutzpah" "shameful" for releasing these statements after having "collapsed the economy" with a tax proposal that "it has caused incalculable harm to the people".

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Reino Unido