Kwasi Kwarteng Named Britain’s New Finance Minister

Britain's new Prime Minister Liz Truss has appointed business and energy secretary Kwasi Kwarteng as the new finance minister, her office said in a statement on Tuesday. Kwarteng, an ideological ally of Truss, has said that her government can afford to borrow more to fund support to households and businesses on their energy bills, but it will remain responsible with the public finances. A British government led by Liz Truss can afford to borrow more to give energy bills support to households and businesses but it will remain responsible with the public finances, the man appointed by Truss' finance minister…