City
Epaper

Rishi Sunak UK's new Chancellor of Exchequer, as Javid quits

By IANS | Updated: February 13, 2020 18:16 IST

UK's Chancellor of the Exchequer Sajid Javid quit the Boris Johnson government as part of a cabinet reshuffle unfolding on Thursday and has been replaced by Rishi Sunak, reports said.

Open in App

London, Feb 13 UK's Chancellor of the Exchequer Sajid Javid quit the Boris Johnson government as part of a cabinet reshuffle unfolding on Thursday and has been replaced by Rishi Sunak, reports said.

Indian-descent Sunak, 39, who is married to Akshata, the daughter of Infosys co-founder N.R. Narayana Murthy, was Chief Secretary to the Treasury since July 2019.

An analyst with Goldman Sachs before joining politics in 2014, Sunak, whose grandparents were from Punjab and emigrated to the UK from east Africa, is MP from Richmond (Yorkshire). He was Parliamentary Under-Secretary of State for Local Government in the Theresa May government.

Pakistani-descent Javid, who became the first Asian to become a Cabinet Minister when he was made Secretary of State of culture, Media and Sports in the David Cameron government in 2014 after stints as Economic Secretary to the Treasury (2012-13) and Financial Secretary (2013-14), was earlier the Home Secretary in the the Theresa May government.

He had then cleared absconding businessman Vijay Mallya's extradition to India in February last year following the decision by the Westminister Magistrates Court in December 2018.

Javid, who ran for Conservative Party leadership after May quit but lost to Boris Johnson, was made Chancellor by the later. In the reshuffle on Thursday, he was offered to retain his post if he fired all his advisors but declined and quit, the BBC reported.

( With inputs from IANS )

Open in App

Related Stories

National'Absolutely wrong': Husain Dalwai after Maha Cong councillor refuses to sing ‘Vande Mataram'

NationalProactive approach key to tackling cybercrime, says Gujarat DGP

NationalRs 597 crore IDFC First Bank scam: Haryana suspends two IAS officers

National"Long-standing demand:" Uttarakhand CM Dhami inaugurates CSD Canteen at Udham Singh Nagar district

PoliticsWomen's Quota Bill: BJP's Ramchander Rao hails move, calls it 'bold step' for Women Empowerment

International Realted Stories

InternationalNetanyahu vows to continue strikes on Hezbollah "wherever necessary" to restore security in northern Israel

InternationalIndia and Sweden agree to strengthen ties in trade, defence and innovation

InternationalPakistan: Three killed, 14 injured as rains wreak havoc in Khyber Pakhtunkhwa

InternationalPresident Pezeshkian joins nationwide mourning as Iran marks 40 days since former Supreme Leader Ayatollah Khamenei's death

InternationalIsraeli armed forces kill nephew of Hezbollah Chief Naim Qassem in Beirut