July 6, 2022
1 min read

Zahawi named new finance minister of UK

Zahawi refused to comment to reporters as he left a meeting in 10 Downing Street, including on whether he will uphold Sunak’s pleas for fiscal discipline against Johnson’s free-spending instincts…reports Asian Lite News

Prime Minister Boris Johnson late Tuesday named his Iraqi-born education secretary, Nadhim Zahawi, as finance minister after the shock resignation of Rishi Sunak.

Downing Street said Queen Elizabeth II had approved the appointment of Zahawi, who came to Britain as a child with his Kurdish family not speaking any English, before forging a lucrative business career.

The 55-year-old co-founded the prominent polling company YouGov and was active in local Conservative politics in London, before becoming an MP in 2010.

He won widespread praise for overseeing Britain’s pandemic vaccines rollout.

But like Sunak, his private wealth has drawn adverse attention, including when he claimed parliamentary expenses for heating his horse stables in 2013.

Zahawi refused to comment to reporters as he left a meeting in 10 Downing Street, including on whether he will uphold Sunak’s pleas for fiscal discipline against Johnson’s free-spending instincts.

The prime minister named another loyalist, Michelle Donelan, to take Zahawi’s place at the education ministry.

ALSO READ-Sajid, Rishi Desert Sinking Boris Ship

Previous Story

BIG BLOW FOR BORIS

Next Story

Ex-top official targets Johnson’s office

Latest from -Top News

India Tightens Checks on Chinese Imports

India has ramped up monitoring of Chinese imports amid growing concerns of cheap goods being redirected into the Indian market following the United States’ steep tariff hike on Chinese exports. Commerce Secretary

Economists Warn of Impending US Recession

Leading global brokerages and economists are sounding alarm bells over the likelihood of a US recession, following the Donald Trump administration’s announcement of sweeping reciprocal tariffs on foreign imports. JPMorgan Chase &

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel
Go toTop

Don't Miss

Truss begins India visit; tech, infra deals on cards

The tech and infrastructure deals to be finalised during Truss’

India, UK NSAs discuss critical tech, global issues

They discussed bilateral issues and regional and global matters of