Mini-budget debacle likely to create tension between Truss and Kwarteng

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Mini-budget debacle likely to create tension between Truss and Kwarteng
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The turmoil in financial markets has led to reports of friction between the prime minister and her closest political ally, the chancellor

Singing from the same hymn sheet? Downing Street has insisted there is no row between Liz Truss and Kwasi Kwarteng in the aftermath of the mini-budget that roiled markets.Singing from the same hymn sheet? Downing Street has insisted there is no row between Liz Truss and Kwasi Kwarteng in the aftermath of the mini-budget that roiled markets.Last modified on Sun 2 Oct 2022 21.19 BST

“If you look at opinion polls, the concept of the free market is more popular in China, Germany and America than it is in Britain. We want to have a more positive attitude towards making profit, wealth creation,” Truss said in 2011. A decade later, they are at the very top of government and banging the same tax-cutting drum, but have failed to follow the now chancellor’s own advice about bringing the public along with them.

Truss and Kwarteng are believed to have teamed up as partner candidates to be prime minister and chancellor early in the campaign. They planned their programme for the first 100 days of government together with meetings in Greenwich.

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