EconomySpeeches

Kwasi Kwarteng – 2022 Comments on Becoming Chancellor

The comments made by Kwasi Kwarteng, the Chancellor of the Exchequer, on 7 September 2022.

We face extraordinary economic challenges in the coming weeks and months and I know that families and businesses across the UK are worried.

The Prime Minister and I are committed to taking decisive action to help the British people now, while pursuing an unashamedly pro-growth agenda.

We need to be decisive and do things differently. That means relentlessly focusing on how we unlock business investment and grow the size of the British economy, rather than how we redistribute what’s left.

With a strong and resilient economy, we deliver more jobs, higher wages, and raised living standards – all while reducing our debt-to-GDP ratio in a fiscally sustainable way.