UK's finance minister sets out new economic approach to finance bosses – Reuters UK

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Kwasi Kwarteng arrives at Number 10 Downing Street, in London, Britain September 6, 2022. REUTERS/Phil Noble
LONDON, Sept 7 (Reuters) – Britain's finance minister Kwasi Kwarteng said on Wednesday he had set out the new Prime Minister Liz Truss's "pro-growth economic approach" to finance heads in the City of London.
"I set out Prime Minister @trussliz's new, pro-growth economic approach, including immediate support for families and businesses to tackle the cost of living and a commitment to fiscal sustainability," Kwarteng said on Twitter.
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British Prime Minister Liz Truss's plans to spur new North Sea oil and gas production and lift a ban on fracking will test investor appetite for new fossil fuel projects, but are unlikely to ease the current energy crunch.
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