Business News of Friday, 14 October 2022Source: www.ghanaweb.comSome 17 hours ago, the British-born Ghanaian finance minister of the UK, Kwasi Kwarteng expressed confidence in his decision to reverse £43 billion tax cut package in the country’s mini-budget. The decision also caused a revolt among Conservative MPs in the UK, but Kwasi Kwarteng remained steadfast. When questioned if he will yet again make a U-turn on certain sections of the mini-budget, Kwasi Kwarteng said "our position hasn't changed." But the stance has now changed as Kwasi Kwarteng has been fired from his position as the UK Chancellor of the Exchequer after serving in office for six weeks. His sack makes him the second shortest-serving UK chancellor on record.

Source: GhanaWeb October 14, 2022 20:52 UTC