U.K. Treasury chief Sajid Javid unexpectedly resigns after resisting a reduction in his power, as Prime Minister Boris Johnson sought to tighten his grip on the government with a Cabinet shake-up.
Catch up on the developing stories making headlines.LONDON -- U.K. Treasury chief Sajid Javid unexpectedly resigned on Thursday after resisting a reduction in his power, as Prime Minister Boris Johnson sought to tighten his grip on the government with a Cabinet shake-up.
The government quickly replaced him with Rishi Sunak. He was previously a deputy to Javid at the Treasury and is regarded as a dependable Johnson loyalist. Johnson's government faces the challenge of negotiating a new relationship with the 27-nation European Union by the end of this year. Johnson also has ambitious infrastructure plans including a 100 billion-pound high-speed railway connecting London to central and northern England, and has vowed to boost poorer regions outside the economic hub of London and southeast England.
Now his Conservative administration faces the even bigger challenge of negotiating a new trading relationship with the EU while also seeking trade deals with the United States and other countries.
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