Pippa Crerar at The Guardian: "Treasury sources tell us that Nadhim Zahawi or Sajid Javid could replace [Kwarteng] at No 11. Events moving very fast."

  • Both Javid and Zahawi served as chancellors under Boris Johnson for a short time. Javid from 2019-2020 before a spat with former No10 chief Dominic Cummings saw him resign. Zahawi in the summer of this year after Rishi Sunak resigned.
  • Javid and Zahawi both seen as moderates compared to Kwarteng with Truss on the libertarian wing of the party.

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UK: Javid Or Zahawi Could Replace Kwarteng As Chancellor If Sacked-Guardian

Last updated at:Oct-14 10:47By: Tom Lake
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Pippa Crerar at The Guardian: "Treasury sources tell us that Nadhim Zahawi or Sajid Javid could replace [Kwarteng] at No 11. Events moving very fast."

  • Both Javid and Zahawi served as chancellors under Boris Johnson for a short time. Javid from 2019-2020 before a spat with former No10 chief Dominic Cummings saw him resign. Zahawi in the summer of this year after Rishi Sunak resigned.
  • Javid and Zahawi both seen as moderates compared to Kwarteng with Truss on the libertarian wing of the party.

Related by topic

FX Bullets
FI Bullets
Political Risk Coverage
Global Macro Analysis
Political Risk Bullets
Political Market News