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Jacob Rees-Mogg out as PM Sunak reshuffles cabinet team Jeremy Hunt remains chancellor in big cabinet reshuffle
(36 minutes later)
Jacob Rees-Mogg has left as business secretary, as Rishi Sunak reshuffles his team of cabinet ministers. Rishi Sunak has decided to keep Jeremy Hunt as chancellor, as he conducts a wide-ranging reshuffle of his cabinet ministers.
Chief whip Wendy Morton and Work and Pensions Secretary Chloe Smith, close allies of outgoing PM Liz Truss, are also out. Mr Hunt, who was appointed to the job two weeks ago by former PM Liz Truss, reversed much of her tax-cutting mini-budget.
Simon Clarke, another Truss ally, has left his job as levelling up secretary. But nine cabinet ministers have left their posts, including Jacob Rees-Mogg as business secretary.
He joins Justice Secretary Brandon Lewis, Welsh Secretary Robert Buckland and Environment Secretary Ranil Jayawardena in leaving the cabinet. This includes key Truss allies such as ex-Levelling Up Secretary Simon Clarke.
Kit Malthouse is also out as education secretary, whilst Jake Berry has also confirmed he is no longer Conservative Party chairman. Former chief whip Wendy Morton and ex-Work and Pensions Secretary Chloe Smith, other backers of Ms Truss's leadership, are also out.
In other departures so far, Vicky Ford has been sacked as a development minister at the Foreign Office. They join Brandon Lewis, Robert Buckland and Ranil Jayawardena in leaving the cabinet.
Alok Sharma has lost his job as a Cabinet Office minister, although he will remain in charge of UK preparations for the COP27 UN climate summit.
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Truss defends tax-cutting goals in farewell speechTruss defends tax-cutting goals in farewell speech
Kit Malthouse is also out as education secretary, whilst Jake Berry has also confirmed he is no longer Conservative Party chairman.
In other departures so far, Vicky Ford has been sacked as a development minister at the Foreign Office.
Alok Sharma has lost his job as a Cabinet Office minister, although he will remain in charge of UK preparations for the COP27 UN climate summit to be held in Egypt next month.
Mr Rees-Mogg, who backed Ms Truss's leadership, is also a close ally of former Prime Minister Boris Johnson.Mr Rees-Mogg, who backed Ms Truss's leadership, is also a close ally of former Prime Minister Boris Johnson.
He acknowledged he was was unlikely to be kept on, as he was "far too close to Liz Truss" to work with Mr Sunak.He acknowledged he was was unlikely to be kept on, as he was "far too close to Liz Truss" to work with Mr Sunak.
'Profound economic crisis'
Speaking to BBC deputy political editor Vicki Young, he added that he would be "fully supportive" of the new prime minister.Speaking to BBC deputy political editor Vicki Young, he added that he would be "fully supportive" of the new prime minister.
He added that the Conservatives, who now have their third leader in seven weeks, would be "toast" unless they pulled together.He added that the Conservatives, who now have their third leader in seven weeks, would be "toast" unless they pulled together.
Earlier Mr Sunak warned "difficult decisions" lie ahead for his new administration, as it grapples with a "profound economic crisis". Only a couple of hours after leaving his post, Mr Rees-Mogg returned to the Commons to speak as a backbencher during a debate on government legislation to replace EU laws carried over after Brexit.
Earlier, Mr Sunak warned "difficult decisions" lie ahead for his new administration, as it grapples with a "profound economic crisis".
He said he had been elected as Tory leader to "fix" the "mistakes" made by Ms Truss, who has left after just 49 days in office.He said he had been elected as Tory leader to "fix" the "mistakes" made by Ms Truss, who has left after just 49 days in office.