British Minister, Sajid Javid has resigned his position following a fallout with Prime Minister, Boris Johnson.
Channels TV Reports that the chancellor of the Exchequer resigned after Johnson decision to only retain him if he got rid of all his political advisers.
“I was unable to accept these conditions,” he told reporters outside his home.
“I don’t believe any self-respecting minister would accept such conditions and so, therefore, I felt the best thing to do was to go.”
Javid was immediately replaced by his 39-year-old deputy, Rishi Sunak, a former investment banker and Brexit supporter who is seen as close to Johnson.
Former Brexit minister Steve Barclay took over Sunak’s position as chief secretary to the Treasury.
The pound briefly retreated on Javid’s departure but soon recovered as analysts said the new chancellor could open the way for more public spending and growth.
139 total views, 1 views today