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MSP joins calls for Chancellor to resign


By Alan Beresford

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A LOCAL MSP has called for Chancellor Kwasi Kwarteng to resign or be sacked following his handling of the country’s finances.

Karen Adam, SNP MSP for Banffshire and Buchan Coast.
Karen Adam, SNP MSP for Banffshire and Buchan Coast.

It comes as the independent Office for Budget Responsibility (OBR) confirmed they offered to provide a forecast to the Chancellor to go alongside his fiscal statement, but that the UK government did not commission it.

Banffshire and Buchan Coast SNP MSP Karen Adam said that the Chancellor's mni-budget had taken a "wrecking ball" to the UK's finances.

She said: "The damage from the UK government’s new administration and their so called 'mini-budget' has devastated the UK economy.

"They have essentially taken a wrecking ball to the country’s finances, which has endangered pension funds, and caused banks to withdraw mortgages which has left thousands of families across Banffshire and Buchan Coast, and the rest of Scotland in distress.

"We now know that despite the Office for Budget Responsibility publishing their forecast to the UK government, the Treasury will delay the publication until late November. How is that acceptable?

"Liz Truss’s new administration has already cost us billions of pounds, but if the rhetoric from the UK government is to be believed, worse is yet to come. The biggest question facing us now is, can we in Scotland afford to remain tied to the UK political and economic system?

"These actions underline the need for Scotland to become an independent country – only with the powers that come with independence will Scotland have real stability, free from the mismanagement of UK governments."

The calls to quit have intensified in certain quarters after Ms Truss refused to rule out her government slashing benefits and cutting £18 billion from public services to pay for the proposals in the mini-budget.


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