Kwasi Kwarteng brushed aside warnings his disastrous mini-budget could trigger a backlash on the financial markets, Treasury officials have told MPs.
The mini-budget in September triggered turbulence in the financial markets, sending the pound tumbling, forcing the Bank of England's intervention to stop pension funds collapsing and pushing mortgage rates up.Mr Bowler said he is"absolutely confident Treasury officials set out the right advice to the chancellor".
Mr Bowler took over as the top civil servant in the Treasury in October after his predecessor Sir Tom Scholar was abruptly sacked by Mr Kwarteng.
An O-level economics student could have told KwasiKwarteng that.
So his mates made a fortune how many times is this going to happen before someone ends up in the dock
Seems a decent fella, honesty in a politician is rare. 👍🏻
Never forget