Sign up now for FREE unlimited access to Reuters.comSign up LONDON, Sept 6 (Reuters) – Britain’s new prime minister Liz Truss has appointed Business and Energy Minister Kwasi Kwarteng as the new finance minister, her office said in a statement on Tuesday. Kwarteng, an ideological ally of Truss, said her government could afford to borrow more to finance supporting households and businesses on their energy bills, but would remain in charge of public finances. read more He has been business and energy minister since January 2021, previously holding a secondary role in the ministry, while also working in the Brexit ministry. Like Truss, Kwarteng has expressed his admiration for former prime minister Margaret Thatcher, but has shown some pragmatism in applying those principles to his previous roles in government. read more Sign up now for FREE unlimited access to Reuters.comSign up Report by Sachin Ravikumar and Muvija M; written by Alistair Smout. Edited by Kate Holton Our Standards: The Thomson Reuters Trust Principles.
