Yesterday I informed my Association Chair of my decision not to stand at the next General Election. It has been an honour to serve the residents of Spelthorne since 2010, and I shall continue to do so for the remainder of my time in Parliament.
— Kwasi Kwarteng (@KwasiKwarteng) February 6, 2024
Ironically the announcement comes on the same day as Liz Truss's PopCons launch!
It appears that Kawsi has been sacked, quite possibly whilst he was midway between Washington and London.
Well then!
Having consigned his plan to cut the top rate of tax from 45% to 40% to the bin, Kwasi's career as Chancellor will most likely emulate the lifespan (in political terms) of the Mayfly.
Interesting rumour, probably being put about by his allies, is that he opposed the cut initially.
That rather makes things worse for him.
We get it, and we have listened. pic.twitter.com/lOfwHTUo76
— Kwasi Kwarteng (@KwasiKwarteng) October 3, 2022
