Britain | The new chancellor

An official’s defenestration rattles the Treasury

Kwasi Kwarteng, the chancellor, seeks new leadership

2JXCK7J Chancellor of the Exchequer Kwasi Karteng arriving in Downing Street, London, for the first Cabinet meeting with new Prime Minister Liz Truss. Picture date: Wednesday September 7, 2022.

For many Treasury officials, September 8th would be the strangest day of their careers. At 11.30am Liz Truss, the new prime minister, unveiled one of the largest fiscal interventions in recent British history: an open-ended commitment to subsidise energy bills for two years. Just after 5pm came word that Kwasi Kwarteng, the chancellor, had fired Sir Tom Scholar, the Treasury’s top civil servant. At 6.30pm, the queen’s death was announced.

This article appeared in the Britain section of the print edition under the headline “Before politics paused”

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