Liz Truss is preparing to appoint the first cabinet in history in which none of the great offices of state will be held by a white man. After weeks of preparation while enjoying commanding poll leads, Truss is now close to finalising her top team. The business secretary is certain to be chancellor. The Eton-educated son of Ghanaian immigrants, Kwarteng, 47, only received his first cabinet job in January last year but has been a close ally of Truss since they entered the Commons together in 2010. SponsoredThis morning Kwarteng began setting out his plans for the Treasury, saying there will need to be “some fiscal loosening”, with increased borrowing to see the economy through a tough winter with tax cuts and spending increases.

Source: The Times September 05, 2022 23:20 UTC