• United Kingdom The British Treasury Minister shortens his visit to the IMF and urgently returns to London in the face of the financial crisis

British Prime Minister Liz Truss will dismiss Finance

Minister Kwasi Kwarteng today

, according to British media.

Kwarteng has returned to

London

from the

United States

after cutting short a trip to

Washington

amid pressure over his controversial growth plan.

The Tory

leader

will give a press conference around 2:00 p.m. local time (3:00 p.m. Spanish time) where she could announce changes to the radical fiscal program presented on September 23, which sowed chaos in the financial markets.

Although

Downing Street

-the office and official residence of the chief executive- has not commented on the speculation that the conservative leader will announce

Kwarteng

's dismissal , media such as the BBC or

The Times

reveal that Truss will fire her head of Economy and reverse parts of the so-called mini budget.

Kwarteng

ruled out yesterday in a statement from

Washington

to the media that he is considering resigning in the face of the turbulence generated by his radical tax cut, which forced the

Bank of England

to intervene with a debt repurchase to avoid the bankruptcy of several pension funds.

The minister was forced to bring forward a month an appearance in which he will detail his fiscal plans in the medium term, initially scheduled for the end of November and that he will finally offer on October 31.

The fiscal plan announced at the end of September sent the pound sterling plummeting against the US dollar and sending the cost of

UK

long - term debt skyrocketing .

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