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Jeremy Hunt remains chancellor in big cabinet reshuffle Jeremy Hunt remains chancellor amid big cabinet reshuffle
(about 2 hours later)
Rishi Sunak has decided to keep Jeremy Hunt as chancellor, as the new PM conducts a major reshuffle of the cabinet team. Rishi Sunak has kept Jeremy Hunt as chancellor, amid a major cabinet overhaul after entering Downing Street.
Mr Hunt was appointed to the job two weeks ago by former leader Liz Truss and reversed many of her tax cuts. The new PM has removed key allies of former leader Liz Truss and rewarded some loyal supporters with top jobs.
Suella Braverman is back as home secretary, days after quitting over sending an official document via personal email. Michael Gove and Dominic Raab, key figures in Boris Johnson's government, have also returned to cabinet roles.
The man who replaced her, Grant Shapps, becomes business and energy secretary. And Suella Braverman is back as home secretary, days after quitting over sending an official document via personal email.
Despite speculation she could be given a top cabinet job, Mr Sunak's former leadership rival Penny Mordaunt will stay in the mid-ranking role of Commons leader. Despite being tipped for a promotion, Mr Sunak's leadership rival Penny Mordaunt stays in the mid-ranking role of Commons leader.
Elsewhere, Dominic Raab is back as deputy PM and justice secretary, roles he held under ex-PM Boris Johnson. Mr Sunak is under pressure to reach out to different parts of the Conservative Party, after becoming its third leader in seven weeks.
Ben Wallace also remains defence secretary, a role he has held since Mr Johnson entered Downing Street in July 2019. Who is in Rishi Sunak's cabinet?
But nine cabinet ministers have left their posts, including top allies of Ms Truss such as ex-Levelling Up Secretary Simon Clarke and former Work and Pensions Secretary Chloe Smith.
Follow live: Rishi Sunak reshuffles cabinet
Is the Tory Party ready to unite behind Sunak?Is the Tory Party ready to unite behind Sunak?
Truss defends tax-cutting goals in farewell speechTruss defends tax-cutting goals in farewell speech
Sunak supporter Simon Hart has replaced Wendy Morton, another Truss ally, as the chief whip. Oliver Dowden, another supporter of Mr Sunak, has returned to the cabinet as Cabinet Office Minister. A number of close allies of Ms Truss, including Simon Clarke, Chloe Smith, and Wendy Morton, have left their cabinet positions.
Brandon Lewis, Robert Buckland, Kit Malthouse and Ranil Jayawardena have also left the cabinet, whilst Nadhim Zahawi has replaced Jake Berry as Conservative Party chairman. Therese Coffey, a close friend of the former prime minister, has also been demoted from deputy PM to environment secretary.
In other departures, Vicky Ford has been sacked as a development minister at the Foreign Office. However a number of her cabinet have kept their roles - including James Cleverly as foreign secretary and Kemi Badenoch as trade secretary.
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. Dominic Raab is back as deputy PM and justice secretary, roles he held under former leader Boris Johnson.
'Profound economic crisis' Michael Gove, a veteran of several recent Conservative governments, also returns to the cabinet table as levelling-up secretary.
Earlier, Mr Rees-Mogg acknowledged he was was unlikely to be kept on, as he was "far too close to Liz Truss" to work with Mr Sunak. Penny Mordaunt stays as Commons leader after losing out on the top job to Mr Sunak
Speaking to BBC deputy political editor Vicki Young, he added that he would be "fully supportive" of the new prime minister. Several of Mr Sunak's longtime allies have been given promotions, including Oliver Dowden, who has become Cabinet Office Minister, and Steve Barclay, the new health secretary.
He added that the Conservatives, who now have their third leader in seven weeks, would be "toast" unless they pulled together. Mel Stride, who ran Mr Sunak's unsuccessful summer leadership campaign, has been given a cabinet job as work and pensions secretary.
Ben Wallace remains defence secretary, a role he has held since Mr Johnson entered Downing Street in July 2019.
But Jacob Rees-Mogg, a big supporter of Mr Johnson, has been replaced as business secretary by Grant Shapps.
The decision to keep Mr Hunt at the Treasury has been seen as a move to reassure financial markets, which have seen in turmoil in recent weeks in the wake of last month's mini-budget.
Mr Hunt, who reversed most of the tax cuts upon his appointment by Ms Truss, is expected to give more detail of the UK's tax and spending plans in a key statement next Monday.
The return of Ms Braverman, a figure on the right of the party, has raised eyebrows given her dramatic resignation only six days ago.
Ms Braverman was forced to step down on what became the final chaotic day of Liz Truss' premiership, after admitting breaching government data rules.
In her resignation letter, she said she had emailed an official document from her private email account, but also attacked Ms Truss's approach to immigration.
There have been reports that Ms Braverman had been at odds with Ms Truss over plans to relax immigration rules in a bid to boost economic growth.
Labour criticised her reappointment, with shadow home secretary Yvette Cooper accusing Mr Sunak of "putting party before country".
In other moves:
Nadhim Zahawi replaces Jake Berry as Conservative Party chairman
Gillian Keegan replaces Kit Malthouse as education secretary
David TC Davies becomes the new Welsh Secretary
Earlier, Mr Rees-Mogg told the BBC the Conservatives would be "toast" unless they pulled together.
Only a couple of hours after leaving his post, he returned to the Commons to speak as a backbencher during a debate on government legislation to replace EU laws carried over after Brexit.Only a couple of hours after leaving his post, he returned to the Commons to speak as a backbencher during a debate on government legislation to replace EU laws carried over after Brexit.
Mr Sunak has warned "difficult decisions" lie ahead for his new administration, as it grapples with a "profound economic crisis".Mr Sunak has 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.