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Exchequer Sajid Javid quit the Boris Johnson government as part of a cabinet reshuffle unfolding on Thursday and has been replaced by Rishi Sunak, reports said.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Exchequer Sajid Javid quit the Boris Johnson government as part of a cabinet reshuffle unfolding on Thursday and has been replaced by Rishi Sunak, reports said.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

International"This is TREASON at Highest Level": Trump accuses Biden's staffers of "stealing the Presidency" on border issue

International"Stop the genocide": Activists disrupt Rubio's Senate hearing over US's support to Israel amid Gaza crisis

CricketIPL 2025: Rain likely to affect high-stakes MI-DC clash at Wankhede

Cricket"Pretty good": Yashasvi Jaiswal following Rajasthan Royals' six-wicket win over Chennai Super Kings

InternationalIndia, Nepal strengthen health cooperation at WHA78 bilateral meeting in Geneva

International Realted Stories

International"Pakistanis came to India to create problem": Ethiopian Ambassador on Pahalgam terror attack

InternationalEAM Jaishankar arrives in Denmark, lauds its support against terrorism; Advances green strategic partnership

International"Urgent we get that assistance distributed": UN as supply trucks enter Gaza after weeks of blockade

InternationalHamdan bin Mohammed chairs Defence Council meeting

International'Make it in the Emirates' highlights Emirati talent, national industrial growth