Kwasi Kwarteng

2022 - 9 - 26

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Image courtesy of "The Guardian"

Kwasi Kwarteng refuses to comment as pound hits all-time low ... (The Guardian)

Chancellor questioned by BBC amid speculation the Bank could intervene by Monday and Tory MPs panic about the effect on party's reputation.

However, others thought it would make the situation worse and they should give her and Kwarteng more time to row back or take remedial action. That’s through a growth plan while remaining fiscally responsible and committed to driving down debt in the medium term. [as the pound hit an all-time low](https://www.theguardian.com/business/2022/sep/25/city-braces-for-more-volatility-mini-budget-rocks-pound-parity-dollar-bond-tax) against the dollar, with speculation that the Bank of England could intervene as soon as Monday and Tory MPs in a panic about the effect on the party’s reputation.

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Image courtesy of "The National"

Kwasi Kwarteng refuses to comment on pound crash (The National)

The Tory MP was quizzed by a BBC journalist as he made his way to the Treasury offices in London.

The journalist continued: "Do you have anything to say about what's going on sir? the journalist asked, his sixth question to Kwarteng. What conversations are you having with the Bank of England sir?" "What do you have to say about what's been going on sir?" The footage begins with Kwarteng and a number of aides leaving UK Government offices in London, with the journalist asking: "What are you going to do about the turmoil in the markets this morning?" [BBC](https://www.thenational.scot/news/media-and-the-bbc/) journalist as he made his way to the Treasury offices in London on Monday, following [a record fall of the pound against the US dollar.](https://www.thenational.scot/news/22639960.pound-falls-all-time-low-us-dollar/)

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