George Osborne to return to the backbenches as Philip Hammond becomes chancellor

Helen Cahill
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Conservative Party Conference Held In Birmingham - Day 2
Osborne has no future in the government (Source: Getty)

George Osborne is to return to the backbenches, as new Prime Minister Theresa May appoints Philip Hammond as her chancellor .

Osborne "has resigned from government" and will not be taking a position in May's cabinet, according to 10 Downing Street.

The Sun reported Osborne was dismissed by May.

George Osborne sent a series of tweets as the news of his ousting broke:

Amber Rudd has been appointed as home secretary, and Boris Johnson has been made foreign secretary.

Rudd said on the steps of 10 Downing Street: "I am very pleased. I am very excited to get going."

Read more: Theresa May's cabinet reshuffle: Who's in? Who's out? Everything you need to know

Liam Fox and David Davis have entered 10 Downing Street, where they will likely receive positions in May's cabinet. Michael Fallon will remain defence secretary. Key positions are yet to be filled, including a newly-created head of Brexit.

Hammond, Fallon and Rudd all campaigned for Remain in the European Union referendum.

May was officially confirmed as the UK's Prime Minister today, after energy minister Andrea Leadsom withdrew from the Conservative leadership race earlier this week.

Speaking outside 10 Downing Street today, May promised to fight "burning injustice" in the UK.

"When we take the big calls, we will think not of the powerful, but you," she said.

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