Former chancellor Kwasi Kwarteng to stand down as MP at next election

Kwarteng to exit parliament after 14 years as MP

Cristian Angeloni
clock • 1 min read

Former chancellor Kwasi Kwarteng has said he will step down as an MP at the upcoming general election.

Kwarteng became an MP in 2010, representing the constituency of Spelthorne in south west London. In a statement on X, formerly Twitter, he said: "Yesterday (5 February), I informed my Association chair of my decision not to stand at the next general election. It has been an honour to serve the residents of Spelthorne since 2010, and I shall continue to do so for the remainder of my time in parliament." Kwarteng held several ministerial roles from 2018, including under-secretary of state for exiting the European Union, minister for business, energy and clean growth, and secretary of st...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Defaqto eyes further acquisitions after RSMR buyout

Defaqto eyes further acquisitions after RSMR buyout

‘No immediate plans to merge Defaqto and RSMR's propositions directly'

Sahar Nazir
clock 16 July 2024 • 2 min read
Financial advisers unprepared for great wealth transfer

Financial advisers unprepared for great wealth transfer

Only a third of advisers have a plan in place for the Great Wealth Transfer

Sahar Nazir
clock 16 July 2024 • 2 min read
Women in Financial Advice Awards 2024: Shortlists revealed!

Women in Financial Advice Awards 2024: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 6 November

Professional Adviser
clock 16 July 2024 • 8 min read