New chancellor summons insurance leaders to Treasury

Treasury building London

Kwarteng said his attention would immediately focus on minimising the impact of the cost of living crisis

The leaders of insurers, investment firms and major banks were called into the Treasury for talks this morning (7 September 2022) as new chancellor Kwasi Kwarteng took up his position.

The new tenant of 11 Downing Street used the meeting to set out his strategy to ameliorate the cost of living crisis and its impact on households and businesses across the UK.

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