In Domestic Affairs

Matthew Weller

Time always wins, given enough time, according to Kwarteng

Time always wins, given enough time, according to Kwarteng

Finance minister Kwasi Kwarteng said “Let’s wait and see”, when asked in an interview if financial markets had improved on Thursday due to expectations of a turnaround in his plans to scrap a corporate tax hike.

In response to a question about how the markets “have improved today because they think you are about to make a turnaround in corporate taxation,” Kwarteng said, “Let’s see”.