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Kwasi Kwarteng

  • London Local Elections 2026: Who will win in Greenwich?

    London

    As voters head to the polls in Greenwich, the Labour stronghold is set to see a rise in Green support amidst a hike in council tax and a cut in central government funding of the local authority.  Back in 2022 Labour secured an overwhelming majority on the council with 51 seats, with just three seats [...]

    Voters casting ballots at a polling station in London during a local election, with people waiting in line.
  • Nigel Farage’s crypto punt is unlikely to end well

    Opinion

    Nakamoto, a Bitcoin treasury company that promised a similar vision to Farage’s Stack BTC, is a cautionary tale for investors, says Tim Focas Nigel Farage’s £275,000 stake in Stack BTC, a London listed Bitcoin treasury company chaired by Kwasi Kwarteng, certainly guarantees headlines, but unfortunately, it also attracts copycat investors. Through his ironically named Thorn [...]

    Nigel Farage discussing Bitcoin investment at a business conference, emphasizing cryptocurrencys role in modern finance
  • Farage fronts £2m bitcoin purchase despite price tumble 

    Politics

    Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency’s price tumbling over recent months.  Farage was filmed in a promotional video for the crypto reserves firm buying around £2m of Bitcoin, with the business stating that the political leader was the first [...]

    Nigel Farage promoting Bitcoin investment opportunity at a business event
  • Nigel Farage Bitcoin firm turns to the public to raise cash – at double the price

    March 18, 2026

    A Bitcoin business run by former Chancellor Kwasi Kwarteng which counts Nigel Farage as one of its biggest investors has turned to the public to raise cash. Stack BTC, which is listed on London’s Aquis stock market, is seeking to raise as much as £250,000 from retail investors via the issue of fresh shares. But [...]

  • Kwasi Kwarteng: Labour ‘at risk’ without more tax rises amid bond jitters

    March 9, 2026

    The government risks being plunged into crisis unless it prepares for another bruising round of tax hikes to cover sharp rises in energy subsidies, former chancellor Kwasi Kwarteng has warned. In an interview with City AM, Kwarteng said taxes could be put up as soon as November if the government pushes ahead with proposals for [...]

  • Nigel Farage invests in Kwasi Kwarteng-backed Bitcoin treasury business

    March 9, 2026

    Nigel Farage has invested in an Aquis-listed Bitcoin treasury business as the Reform leader doubles down on his commitment to cryptocurrencies. Farage has spent £215,000 to acquire a 6.3 per cent stake in Stack BTC, a small-cap company which says it is “focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury,” [...]

  • Spring Statement 2025: Rachel Reeves’ popularity nears Kwasi Kwarteng levels 

    March 28, 2025

    Rachel Reeves’ popularity rating as Chancellor has neared Kwasi Kwarteng levels after the mini-Budget, following the Spring Statement on Wednesday. She set out £14bn in welfare and spending cuts in the House of Commons, including a £4.8bn squeeze on benefits, to restore the £9.9bn headroom she had at the Autumn Budget, which would otherwise have [...]

  • Liz Truss sends cease and desist letter to Starmer over economy crash claims

    January 9, 2025

    Liz Truss has sent a cease and desist letter to Keir Starmer demanding he stops claiming she crashed the economy. Lawyers acting on behalf of the former Prime Minister wrote that the statement is “false and defamatory”, in a letter to Starmer in which they threatened to pursue legal action if he keeps making the [...]

  • How the seven Conservative Chancellors since 2010 will be remembered

    July 2, 2024

    City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.

  • What is ‘pro-growth’ chancellor Kwasi Kwarteng’s legacy?

    February 6, 2024

    Kwasi Kwarteng's cataclysmic mini-budget still casts a long shadow from Westminster to Threadneedle Street.

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