RISHI SUNAK and Sajid Javid dramatically resigned from the Cabinet on July 5, 2022, leaving the PM on the brink.
But when was Sunak appointed, and why did he decide to quit?
Why has Rishi Sunak quit as Chancellor?
In his letter to the Prime Minister, Rishi Sunak said: “The public rightly expects government to be conducted properly, competently and seriously.
“I recognise this may be my last ministerial job, but I believe these standards are worth fighting for and that is why I am resigning.”
The departing Chancellor said: “I firmly believe the public are ready to hear the truth. Our public know that if something is too good to be true then it’s not true.”
He had been readying a joint speech with the PM on the economy, but said that in preparation for it, “it has become clear to me that our approaches are fundamentally too different”.
He concluded: “I am sad to be leaving Government but I have reluctantly come to the conclusion that we cannot continue like this.”
Who has replaced Rishi Sunak as Chancellor?
Rishi Sunak’s successor was appointed just hours after he resigned.
Nadhim Zahawi, who moved from his role as Education Secretary was handed the role.
The father-of-three, 55, has been an MP since 2010, and was vaccines minister before his role at the Department for Education.
Steve Barclay has been appointed as the new Health Secretary, following Sunak’s exit.
When was Rishi Sunak appointed Chancellor?
Rishi Sunak was appointed Chancellor of the Exchequer on February 13, 2020.
He replaced Sajid Javid, who resigned from the Government after being offered the chance to stay in a Cabinet reshuffle – but only if he sacked all of his advisers.
Sunak served as Chief Secretary to the Treasury before becoming Chancellor.
On July 24, 2019, he was appointed Chief Secretary by Boris Johnson and served under Javid, who was then Chancellor, having been Parliamentary Under Secretary of State at the Ministry of Housing, Communities and Local Government from January 9, 2018, to July 24, 2019.