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5047 Search results for Rishi Sunak

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  • Cabinet reshuffle live: Chancellor resigns over turf war with No 10, as PM shakes up top team

    February 13, 2020

    This is a live blog, please hit refresh to update 6pm – Live blog wrap Well, that’s your lot for today – at least, in terms of this live blog. My colleagues will be picking up on the rest of the appointments this evening and tomorrow. It was quite a day – certainly more of [...]

  • Javid: No self-respecting minister could accept PM’s conditions

    February 13, 2020

    Sajid Javid has said he quit rather than accept conditions that “no self-respecting minister could”, following his surprise resignation as chancellor today. Simmering tensions between Downing Street and Treasury erupted into all-out warfare this morning, after he resigned in protest over plans to merge the two teams’ advisers.  Despite run-ins with Boris Johnson’s chief adviser [...]

  • Pound pushes higher after chancellor reshuffle

    February 13, 2020

    Sterling rallied this afternoon after the prime minister’s Cabinet reshuffle was thrown into disarray by the resignation of chancellor Sajid Javid. The pound fell against the dollar following Javid’s surprise departure, which came after the chancellor refused to fire two of his special advisers. But it swiftly bounced back to trade up 0.5 per cent [...]

  • Who is Rishi Sunak? What you need to know about the new chancellor

    February 13, 2020

    Rishi Sunak has received a major promotion from the shock resignation of Sajid Javid as chancellor during today’s reshuffle – but who is he? The Richmond (Yorks) MP who until today was chief secretary to the Treasury has been in parliament for just over four years, but he has taken a well-trodden path to get [...]

  • Sajid Javid resigns as Downing Street turf war erupts

    February 13, 2020

    Chancellor Sajid Javid has resigned as the turf war between the two Downing Street teams erupts, prompting the pound to briefly fall. Javid was thought to be personally safe as part of today’s reshuffle. However this morning he was asked to fire two of his special advisers Mats Persson and Sam Coates. The chancellor refused [...]

  • ‘Turf war’ threatens Treasury as No 10 prepares for reshuffle

    February 12, 2020

    Last minute preparations for a government reshuffle were ongoing last night ahead of an expected announcement tomorrow, with speculation that the Treasury’s ministerial team could be set for a shake-up.  Rishi Sunak, second-in-command, is widely tipped for a promotion to a Cabinet post elsewhere in government after impressing No. 10. Sources have, however, suggested that [...]

  • Government set to announce new post-Brexit freeports

    February 9, 2020

    The government will tomorrow announce a consultation on the creation of up to 10 freeports across the UK as the country prepares to leave the EU. The government said it aimed to announce the location of the new zones at the end of this year so they can be open for business in 2021. Chief [...]

  • Women problem looms as PM’s reshuffle set for next week

    February 3, 2020

    Boris Johnson has earmarked 13th February for his reshuffle, City A.M. has learned.  The Prime Minister is hoping to make his move just before MPs go into recess, to allow sacked ministers time to lick their wounds, according to one senior parliamentary source who has been put on standby for next Thursday. What had initially [...]

  • Johnson’s reshuffle is about more than just jobs – the party is looking for the PM’s philosophy

    January 23, 2020

    As Labour continues the post-election round of self-flagellation in search of a new leader and direction, most returning Tory MPs have only one thing on their mind: the impending reshuffle. Tipped to happen in the first two weeks of February, the only questions are who is likely to get the heave-ho, and whether Dom Cummings’ [...]

  • Labour and the Tories are sweeping immigration under the rug this election

    December 6, 2019

    This election season is slogan heavy. “Get Brexit done.” “For the many, not the few.” While necessarily vague, this year’s party mottos have done a decent job of getting to the heart of their offers.  The Conservatives aren’t dallying on the UK’s exit from the European Union. The Labour Party is offering more taxes and [...]

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