The Chancellor of the Exchequer Sajid Javid has resigned and Business Secretary Andrea Leadsom has been sacked.
Richmond MP and Chief Secretary to the Treasury Rishi Sunak has replaced Javid as Chancellor.
The shock news came as Boris Johnson announced his first post-Brexit cabinet reshuffle, just a few weeks before the Chancellor was due to deliver his first Budget.
The BBC reported that Javid refused a request from Downing Street to sack his aides, and quoted him as stating that “no self-respecting minister” could have ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...