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
-
Elmedis Safety Consult boss, Divine Kweku Tetteh honoured at 2026 Ghana Titans Awards
2 minutes -
Science, technology, innovation remain practical development tools—Dr. BeleteÂ
4 minutes -
Akosombo substation fire not cause of dumsor—Minority
4 minutes -
Ambassador Victor Smith honoured at Shoreline–Akropong Sister City reception
11 minutes -
GRIDCo CEO suspension over Akosombo substation fire difficult to justify – Dr Tutu-Boahene
19 minutes -
Stop calling it maintenance — Minority tells government to end “semantic deception” over dumsor
22 minutes -
DNA Shockwaves: When immigration tests destroy families
22 minutes -
Minority insists government still owes IPPs $500m and fuel suppliers over $200m
28 minutes -
Ghana has failed on energy transition; time for delivery now – Dr Tutu-Boahene
29 minutes -
Ghana rejects proposed US health aid deal, citing data concerns
32 minutes -
Uganda detains 231 foreigners in crackdown on illegal migration and cybercrimeÂ
38 minutes -
Power outages: NPP did little to boost generation capacity – Wonder Madilo
46 minutes -
Ghana’s Grid Vulnerability: Akosombo, Solar Energy and the urgent case for decentralised power
55 minutes -
Africa doesn’t have a leadership problem. It has a thinking problem.
1 hour -
Fuel prices see slight relief in May as diesel records sharper drop
2 hours