Audio By Carbonatix
Downing Street has confirmed officially that Jeremy Hunt has been made chancellor.
During the leadership contest over the summer, Hunt put himself forward to be the next Tory leader but after not gaining enough support from fellow MPs he supported Rishi Sunak's bid.
The Rt Hon Jeremy Hunt MP @Jeremy_Hunt has been appointed Chancellor of the Exchequer @HMTreasury. pic.twitter.com/bldKWr3crG
— UK Prime Minister (@10DowningStreet) October 14, 2022
Hunt will be the fourth chancellor this year.
In a related development, Ed Argar will take over as chief secretary to the treasury - the second in command over the country's finances.
Argar will be moving from his role at the Cabinet Office as paymaster general, swapping roles with his predecessor Chris Philp, who becomes the new paymaster general.
Latest Stories
-
US strikes hit Iran for seventh consecutive night
2 hours -
France eye bronze on Deschamps’ farewell
3 hours -
Smart Africa Chief Lacina Koné to speak at Pan African AI Summit 2026 in Accra
4 hours -
Trump threatens new Canada tariffs over fires sending ‘filthy’ air into US cities
4 hours -
Kim Jong Un was meant to be their only idol – then North Koreans discovered K-pop
5 hours -
This Saturday on Newsfile: EOCO vs Miracles Aboagye; tribunals revived; Achimota and galamsey; BoG saga; and NPP polls
5 hours -
White House defends Argentina team over Falklands banner
6 hours -
NPP not against investigations, but use of bail to intimidate opposition – Baffuor Awuah
6 hours -
Stick with Tuchel unless Guardiola is available – Rooney
7 hours -
Ghanaian youngster Ernest Ofori trials with Swedish side Falkenberg FF
7 hours -
The financial winners and losers from the World Cup
7 hours -
Why climate adaptation has become an economic imperative
7 hours -
The Brenner dispute: Can Europe protect the environment without slowing trade?
8 hours -
Gov’t will not shield officials who break the law – Legal Affairs Committee vice chair
8 hours -
Ashanti Region car dealers cry out as KMA begins evictions on Ahodwo-Santasi stretch
9 hours