Kwasi Kwarteng reportedly spoke of austerity cuts at champagne party on mini-budget day

Kwasi Kwarteng reportedly attended a private champagne reception with hedge fund managers at the home of a Conservative donor on the same day he delivered his mini-budget.

The chancellor is alleged to have given guests information about forthcoming government spending cuts during the event at the west London home of Andrew Law, a financier, on the evening of Friday 23 September.

Kwarteng’s mini-budget earlier in the day, which introduced a…