Britain’s Kwarteng doubles down on tax cuts, promises fiscal discipline

By Alistair Smout and Elizabeth Piper

BIRMINGHAM (Reuters) – British finance minister Kwasi Kwarteng will vow on Monday to stay the course with his planned tax cuts but promised an “iron-clad” commitment to fiscal discipline after a week of market turmoil in response to his growth package.

At the start of the governing Conservative Party’s annual conference, Kwarteng and Prime Minister Liz Truss have been forced to defend a plan that failed to spell out the financing for deep...