Kwasi Kwarteng has declined to comment on the financial market reaction since his mini-budget on Friday.
The pound fell to a record low against the dollar as markets reacted to the UK’s biggest tax cuts in 50 years.
Asked repeatedly for a response to the volatility on the markets, he said: “I’m not going to make any comment now”.
Live updates on this story here: Pound slumps to all-time low against dollar
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