Nadhim Zahawi is the new Chancellor of the Exchequer after Rishi Sunak resigned from his post last night.
Zahawi, the former education secretary, takes over from Sunak after his shock exit from government over the PM's handling of the Chris Pincher affair. Pincher is facing allegations of sexual misconduct while working as deputy chief whip. Sunak said the public expected "government to be conducted properly, competently and seriously". He also said his and the PM's position on the economy was "fundamentally too different". Health secretary and former Chancellor, Sajid Javid, also quit the cabinet within minutes of Sunak. He has been replaced by North East Cambridgeshire MP Steve Barcl...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.