"Kwarteng" redirects here. For the name, see Kwarteng (surname).
British politician (born 1975)
The Right Honourable
Kwasi Kwarteng
MP
Official portrait, 2022
Chancellor of the Exchequer
In office 6 September 2022 – 14 October 2022
Prime Minister
Liz Truss
Preceded by
Nadhim Zahawi
Succeeded by
Jeremy Hunt
Secretary of State for Business, Energy and Industrial Strategy
In office 8 January 2021 – 6 September 2022
Prime Minister
Boris Johnson
Preceded by
Alok Sharma
Succeeded by
Jacob Rees-Mogg
Junior ministerial offices 2018–2021
Minister of State for Business, Energy and Clean Growth
In office 24 July 2019 – 8 January 2021
Prime Minister
Boris Johnson
Preceded by
Claire Perry[a]
Succeeded by
Anne-Marie Trevelyan
Parliamentary Under-Secretary of State for Exiting the European Union
In office 16 November 2018 – 24 July 2019
Prime Minister
Theresa May
Preceded by
Suella Braverman
Succeeded by
Office abolished
Member of Parliament for Spelthorne
Incumbent
Assumed office 6 May 2010
Preceded by
David Wilshire
Majority
18,393 (37.2%)
Personal details
Born
Akwasi Addo Alfred Kwarteng
(1975-05-26) 26 May 1975 (age 48) London, England
Political party
Conservative
Spouse
Harriet Edwards
(m. 2019)
Children
1
Education
Eton College
Alma mater
Trinity College, Cambridge (BA, PhD)
Signature
Website
Campaign website
Academic background
Thesis
The political thought of the recoinage crisis of 1695–7 (2000)
Kwasi Kwarteng's voice
Kwarteng promotes The Growth Plan, dubbed a "mini-budget" by the media Recorded 29 September 2022
Akwasi Addo Alfred Kwarteng (born 26 May 1975)[3][4] is a British politician who served as the Chancellor of the Exchequer from 6 September to 14 October 2022 under Liz Truss and the Secretary of State for Business, Energy and Industrial Strategy from 2021 to 2022 under Boris Johnson. A member of the Conservative Party, he has been Member of Parliament (MP) for Spelthorne since 2010.
Kwarteng was born in London to Ghanaian immigrant parents and was educated at Eton College and Trinity College, Cambridge. He worked as a columnist for The Daily Telegraph and as a financial analyst before standing for election to the House of Commons. As a backbencher, Kwarteng has co-authored a number of papers and books, including After the Coalition (2011) and Britannia Unchained (2012).
In November 2018, Kwarteng was appointed parliamentary under-secretary of state for Exiting the European Union by Theresa May. After May resigned in 2019, Kwarteng supported Boris Johnson's bid to become leader of the Conservative Party. Following Johnson's appointment as prime minister, he appointed Kwarteng as the minister of state for Business, Energy and Clean Growth. In January 2021, Kwarteng was promoted to the office of secretary of state for Business, Energy and Industrial Strategy, a role he retained throughout the remainder of Johnson's premiership.
After Johnson resigned in 2022, Kwarteng supported Truss's bid to become Conservative leader. Following Truss's appointment as prime minister, she appointed Kwarteng as Chancellor of the Exchequer. He was the first black chancellor.[5] On 23 September, Kwarteng announced various tax cuts in a mini-budget that was widely criticised and which briefly caused the pound sterling to fall to its lowest-ever level against the U.S. dollar. Kwarteng was dismissed as chancellor on 14 October after 38 days, making him the second-shortest-serving holder of the office. He was succeeded by Jeremy Hunt, who was retained by Rishi Sunak following Truss's resignation on 25 October.
^"Energy Minister Claire Perry takes leave of absence". Energy Live News. 21 May 2019. Retrieved 5 January 2024.
^"The Rt Hon Chris Skidmore MP".
^"No. 59418". The London Gazette. 13 May 2010. p. 8745.
^"Kwasi Kwarteng MP". BBC Democracy Live. BBC News. Archived from the original on 4 March 2016. Retrieved 25 July 2010.
^Casalicchio, Emilio (6 September 2022). "Britain has its first Black chancellor — but don't make a thing of it". Politico.
Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).
Truss she was going too fast, says KwasiKwarteng". BBC News. 10 November 2022. Retrieved 10 November 2022. "KwasiKwarteng 'I told Liz Truss we should slow...
Secretary to the Treasury in September 2022. In October 2022, when KwasiKwarteng was dismissed as Chancellor as a result of his "mini-budget", Philp...
entitled "The Growth Plan" delivered by the Chancellor of the Exchequer, KwasiKwarteng, to the House of Commons on 23 September. It was received negatively...
her appointment as prime minister. He was succeeded as chancellor by KwasiKwarteng. After Truss resigned in October 2022, Zahawi endorsed Johnson to return...
Exchequer by Liz Truss on 14 October 2022, following the dismissal of KwasiKwarteng, and retained the post in Rishi Sunak's ministry following Truss's resignation...
prices for households, businesses, and public sector organisations. KwasiKwarteng, then Chancellor of the Exchequer, announced large-scale borrowing and...
risk "an inevitable slide into mediocrity". The book was written by KwasiKwarteng, Priti Patel, Dominic Raab, Chris Skidmore and Liz Truss, five Conservative...
with some of the people that would later join the FEG: Priti Patel, KwasiKwarteng, Dominic Raab and Chris Skidmore. The book advocated for a number of...
September 2022. "Alok Sharma becomes full-time COP26 president and KwasiKwarteng is appointed as Secretary of State for Business" (Press release). GOV...
1995), Bermudian cricketer Kwasi Konadu, Jamaican-American author, scholar, educator, writer, editor, and historian KwasiKwarteng (born Monday 26 May 1975)...
following the appointment of Rishi Sunak as prime minister on 25 October. KwasiKwarteng was dismissed on 14 October 2022 after market turmoil following the...
suspended after KwasiKwarteng comments". The Guardian. Retrieved 27 September 2022. "Labour MP Rupa Huq regains whip after KwasiKwarteng racism row". BBC...
Prime Minister Theresa May Preceded by Office established Succeeded by KwasiKwarteng Chair of the European Research Group In office 19 June 2017 – 9 January...
as health secretary". Sky News. 5 July 2022. Retrieved 5 July 2022. "KwasiKwarteng is the UK's new chancellor". POLITICO. 6 September 2022. Retrieved 28...
welcomed the mini-budget submitted by the UK Chancellor of the Exchequer, KwasiKwarteng, with unbridled enthusiasm. The budget was one of the primary factors...
Group of MPs, founded by Liz Truss, and along with Truss, Priti Patel, KwasiKwarteng and Dominic Raab, he co-authored After the Coalition (2011) and Britannia...
the resignations of Rishi Sunak and Sajid Javid and the dismissal of KwasiKwarteng. Ahead of the United Kingdom's 2024 general election, The Rest is Politics...
general election". BBC News. 3 February 2024. Retrieved 3 February 2024. "KwasiKwarteng to stand down at next election". Sky News. 6 February 2024. Retrieved...
first Cabinet minister to take paid maternity leave". The Telegraph. "KwasiKwarteng named first black business secretary as Alok Sharma leads United Nations...
3 October. On 31 October 2022, the Secretary of State for Business, KwasiKwarteng, approved a proposal from a Czech billionaire, Daniel Křetínský, to...
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