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
-
Ayawaso East by-election: ‘Certified International Election Observer’ Koku Anyidoho applauds voting arrangements
18 minutes -
Today’s Front Pages: Tuesday, March 3, 2026
1 hour -
Gov’t to issue long-dated domestic bonds following expiration of DDEP restrictions – Dep Finance Minister
1 hour -
From communities to classrooms: Hearing care for all children-2026
1 hour -
Buffer Stock CEO tours schools and warehouses in Eastern Region
2 hours -
Are we tying down growth? – Finance professor flags on gold reserve policy
2 hours -
Lands Minister endorses Petroleum Hub Project to generate sustainable employment opportunities
2 hours -
Government to build 600 new basic schools to end ‘Schools Under Trees’
2 hours -
Kumasi Mayor vows to keep Kejetia Market free from highly inflammable materials
2 hours -
Gov’t to open enrolment for affordable homes under National Homeownership Fund
3 hours -
Cashew farmers remind Mahama to fulfil promise to establish Cashew Development Board
3 hours -
National Ambulance Service moves to acquire 400 new ambulances and 500 motorbikes
3 hours -
Gov’t urges Ghanaian pilgrims to defer travel over Middle East tensions
3 hours -
Ghana to create the largest converging centre for mineral discussions
3 hours -
11 foreigners face trial over counterfeit dollar operation in Ga South
3 hours