# UK’s Kwarteng: Mini budget was essential in resetting debate around growth
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-09-30
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: UK Finance Minister Hails Mini Budget for Resetting Growth
Meta Description: Finance minister Kwasi Kwarteng highlights the importance of the mini budget in refocusing growth discussion after chaotic financial markets.
URL: https://financedigest.com/uks-kwarteng-mini-budget-was-essential-in-resetting-debate-around-growthhtml

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LONDON (Reuters) – The British government’s so-called mini budget was essential in helping reset the debate around growth, finance minister Kwasi Kwarteng said on Thursday, after nearly a week of chaos in financial markets triggered by its huge tax cuts.

“The mini budget was absolutely essential in resetting the debate around growth and focusing us on delivering much better growth outcomes,” he told reporters while on a visit to a local business in northern England, when asked if it had been an economic disaster.

(Reporting by Sachin Ravikumar, Editing by Kylie MacLellan)


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