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Podcast: Beyond Currency
Episode: 11 November 2022 - Hunt planning spending freeze
Description: Kwasi Kwarteng appeared from self-imposed exile yesterday to reveal that he warned Liz Truss that she was moving too fast with reform that she wanted to introduce in the immediate wake of her election as Conservative Party leader.
He said his policies tried to drive the economy forward and warned Rishi Sunak over the likely rise in taxes.
Kwarteng appears to have failed to grasp the severity of the situation facing the UK economy, and still has no answer to questions about how his plans were to be funded. The single lack of understanding came close to derailing the entire...