Sajid Javid quits as chancellor - after row with Boris Johnson

Sajid Javid quits as chancellor - after row with Boris Johnson

Sajid Javid's resignation was the most dramatic moment i n a shuffle that saw Johnson fire a handful of Cabinet members he viewed as under-performing or untrustworthy, and promote loyal lawmakers to senior jobs.

In July 2019 Mr Sunak was made chief secretary to the Treasury, after being parliamentary under-secretary in the Ministry of Housing, Communities and Local Government from January 2018 to July 2019.

Mr Javid said that "no self-respecting minister" could accept the condition being imposed.

"The Queen has been graciously pleased to approve the appointment of Rt Hon Rishi Sunak as Chancellor of the Exchequer", Downing Street said in an official press release.

Javid turned down the role of finance minister in Prime Minister Boris Johnson's new cabinet as he was asked to replace all his advisers, according to a source close to Javid.

Prior to the announcement that Mr Javid had quit, a pound was worth 1.298 dollars.

He regularly does media interviews on behalf of the government and had even stood in for Johnson in some television debates during last year's election campaign.

Mr Smith's departure came just weeks after brokering the deal which restored the powersharing administration in Stormont.

Irish Taoiseach Leo Varadkar led tributes to Smith's efforts, saying he was "one of Britain's finest politicians of our time".

Javid resigned after a face-to-face argument with Johnson inside his 10 Downing Street office.

Former Tory leadership contender Ms McVey said she was "very sorry to be relieved of my duties". Cox had been scheduled to give questions in the House of Commons but was sacked.

Those posts are expected to be filled throughout the day.

Neil Wilson, chief market analyst for Markets.com, said: "Boris Johnson is taking the Kirstie Allsopp approach to how to make Number 10 and Number 11 work for him: that is, just knock through".

"He wants to promote a generation of talent that will be promoted further in the coming years".

The resignation was a curveball in a cabinet shake-up that was meant to tighten Johnson's grip on government after winning a big parliamentary majority in December's election.

His sacking was swiftly followed by that of universities minister Chris Skidmore, who joked that he'd been promoted "to be a better dad" thanks to the reshuffle.

George Freeman said he was "on my bike" after losing his transport job.

George Freeman and Nusrat Ghani lost their jobs as transport minister while Chris Skidmore was removed from his post as an education minister.

Earlier, Johnson sacked his Northern Ireland minister despite his role in restoring devolved government to Belfast after a three-year suspension last month.

The other great offices of state have remained the same, with Dominic Raab returning as Foreign Secretary and Priti Patel continuing as Home Secretary.

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