Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Just six months ago Kwarteng was critical of ending the ban on fracking in the UK. Why Truss And Kwarteng Could Be The New Cameron And Osborne He was previously Secretary of State at the Department of Business Energy and Industrial Strategy between 8 January. . We face extraordinary challenges in the aftermath of Covid and Vladimir Putins brutal assault on. It turns out that the new chancellor of the exchequer Kwasi Kwarteng has been less than enthusiastic about fracking in recent months. And he has called bank bosses into the Treasury on Wednesday as he starts his economic planning. He wrote in the Mail on Sunday First the UK has no gas supply issues. Some thoughts on what it all means in this. The former business secretary previously held a more junior role in the business department and was also junior minister at the former Department for Exiting the Eu