# UK’s Kwarteng: Mini budget was essential in resetting debate around growth
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2022-09-30
Category: Headlines
Category URL: https://fintechherald.com/category/headlines
Meta Title: British Government Mini Budget Resets Debate on Growth, Finance Minister Says
Meta Description: UK finance minister Kwasi Kwarteng says mini budget crucial for focusing on better growth outcomes in wake of financial market chaos. Read more from Reuters.
URL: https://fintechherald.com/uks-kwarteng-mini-budget-was-essential-in-resetting-debate-around-growth

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsh86i001bwirgpt97g904/images/2022-09-29t144829z1lynxmpei8s0vsrtroptp4britain-politics-1736850110512-compressed.jpg)

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)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---