Sajid Javid has resigned as Chancellor of the Exchequer, and been replaced by Rishi Sunak
13 February 2020
Following a post-Brexit cabinet reshuffle by the prime minister, Boris Johnson, Sajid Javid has resigned as Chancellor of the Exchequer.
Mr Javid was due to deliver his first Budget in just four weeks’ time, on 11 March 2020. He had been named as Chancellor by Mr Johnson in July 2019 when he first became prime minister.
A source reported as being close to Mr Javid by the BBC, commented:
"He has turned down the job of chancellor of the Exchequer.
The prime minister said he had to fire all his special advisers and replace them with Number 10 special advisers to make it one team.
The Chancellor said no self-respecting minister would accept those terms."
It has since been announced that Rishi Sunak has been appointed as the new Chancellor of the Exchequer, having previously been Chief Secretary of the Treasury.
The Budget, due to be delivered on 11 March 2020, seems to have been plagued by uncertainty. It was initially due to go ahead on 6 November 2019 but was postponed due to the snap general election held on 12 December 2019.
The Budget would have been the first to be delivered by Sajid Javid, and now Rishi Sunak will be taking on that responsibility.
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