Why did Rishi Sunak resign as chancellor?

Why did Rishi Sunak resign as chancellor?

RISHI SUNAK and Sajid Javid dramatically resigned from cabinet on July 5, 2022, leaving the prime minister on the brink.

But when was? Altar appointed, and why did he decide to quit?

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In his letter to the Prime Minister Altar began by saying that it was with “deep sadness” that he resigned and that it was a “huge privilege to serve our country”.

He continued: “The public rightly expects government to be conducted correctly, competently and seriously.

“I recognize that this may be my last ministerial job, but I believe these standards are worth fighting for and that is why I am resigning.”

Sunak resigned shortly after cabinet colleague Sajid Javid on July 5, 2022

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Sunak resigned shortly after cabinet colleague Sajid Javid on July 5, 2022Credit: Reuters

He added: “I have served as your chancellor with gratitude for entrusting me with the stewardship of the country’s economy and finances.

“Above all, I have respected the strong mandate given to you by the Brits in 2019 and how, under your guidance, we can Brexit deadlock.

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“That’s why I’ve always tried to compromise to achieve the things you want to achieve.

“On those occasions where I have disagreed with you privately, I have supported you publicly.”

Sunak was preparing a joint speech with the prime minister on economics, but said in preparation “it has become clear to me that our approaches are fundamentally too different”.

He concluded: “I am sorry to be leaving the government, but I have reluctantly come to the conclusion that we cannot go on like this.”

Sajid Javid also resigned, demanding that Johnson leave Downing Street for the good of the Tory party and country.

Who replaced Rishi Sunak as chancellor?

Altar‘s successor was appointed a few hours later he resigned.

Nadhim Zahawi moved from his role as education secretary.

The father of three, 55, has been a Member of Parliament since 2010 and served as vaccine minister before his position in the Ministry of Education.

Steve Barclay has been appointed new health ministerafter the exit of Sunak.

When was Rishi Sunak appointed chancellor?

Sunak was appointed finance minister on February 13, 2020.

He replaced Sajid Javid, who resigned from government after being offered the chance to remain in a cabinet reshuffle – but only if he fired all of his advisers.

Sunak was Chief Secretary of the Treasury before becoming Chancellor.

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He was appointed Chief Secretary by Boris Johnson on 24 July 2019 and served under Javid, then Chancellor, after serving as Parliamentary Under Secretary of State in the Department of Housing, Communities and Local Government from 9 January 2018 to 24 July. , 2019.

Sunak has been the Member of Parliament for Richmond in Yorkshire since 7 May 2015.