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“When this party came into government we were met with the full force of Labour’s economic incompetence: no money left; taxes raised; record unemployment.”

Kwasi Kwarteng, Chancellor of the Exchequer, Tory Conference Speech

3 October 2022

Facts

As Full Fact noted, ‘Unemployment was 7.9% when the Conservatives entered office, four points lower than in 1984, the record high according to comparable data.’

Verdict

Chancellor Kwasi Kwarteng was misleading Tory members and TV viewers when he told them the Tories inherited “record unemployment” under Labour.  

We emailed Kwasi Kwarteng’s office offering him the chance to respond. The email was received, but no reply. 

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