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, Sunak began by saying is was with “deep sadness” that he was resigning and it had been an “enormous privilege to serve our country”.
He continued: “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.”
He added: “I have served as your Chancellor with gratitude that you entrusted me with stewardship of the nation’s economy and finances.
“That is why I have always tried to compromise in order to deliver the things you want to achieve.
“On those occasions where I disagreed with you privately, I have supported you publicly.”
Sunak 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?
Nadhim Zahawi moved from his role as Education Secretary.
The father-of-three, 55, has been an MP since 2010, and was vaccines minister before his role at the Department for Education.
When was Rishi Sunak appointed Chancellor?
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.
Sunak has been the MP for Richmond in Yorkshire since May 7, 2015.