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00:27
Kwasi Kwarteng blames ‘high-speed, high-pressure environment’ for controversial mini-Budget
Kwasi Kwarteng appeared to blame the “pressure” of Queen Elizabeth II’s death for his government’s botched mini-Budget.
The chancellor believes it’s important to “remember the context” of the last month after he was forced into a major U-turn on scrapping top-rate tax cuts.
“We had a new government and the sad passing of Her Majesty Queen Elizabeth II, we had a nation in mourning,” Mr Kwarteng said.
“Then, literally, four days after the funeral, we had the mini-Budget. It was a high-speed, high-pressure environment.”
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