He was previously the business secretary under Boris Johnson.
He’s been vocally supportive of new forms of energy, particularly nuclear power, but was also one of the champions in the previous administration of introducing more renewables such as more onshore wind and solar farms, with incentives like cheaper energy bills where there was local support.
He all but confirmed his place in the cabinet days ago, writing in the Financial Times in what appeared to be an attempt to reassure markets that the government would behave in a fiscally responsible way despite plans to borrow more money.
Kwarteng, who got a scholarship to Eton before studying at Cambridge, worked in finance before entering politics, and has written a book about the legacy of the British Empire.
He’s widely regarded as a close friend, as well as ally, of Liz Truss.
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His first big challenge will be Truss’s promised “mini-budget” and help with energy bills.
Source: bbc.com
