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Thursday
February 2020
9:31 AM IST
News Headlines
Ishant is hitting good areas, Prithvi should follow instincts: Kohli hints on playing XI        PCB chief hints at Pakistan giving up Asia Cup hosting rights        First 5G handset in India likely to be priced at Rs 50,000        Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv        Death toll from China virus surges past 2,000        Necessary to prevent statelessness when nationality laws are changed: UN chief        Maha CM visits Shivneri Fort on Shivaji''s birth anniversary        Can transport minister come to explain govt proposal for introducing EVs, asks SC        SC upheld right to protest but other citizens also have rights: Interlocutors at Shaheen Bagh        Won't rule out playing 2023 World Cup, says Taylor        Sachin Tendulkar wins Laureus Sporting Moment Award for 2011 WC triumph        Messi, Hamilton share Laureus World Sportsman of Year honour; Biles gets third award        Kerala tourism eyes robust growth in domestic tourist footfalls in 2020        RBI Governor says no reason to doubt govt will meet fiscal deficit targets        UK budget on March 11 as planned: new finance minister        Wuhan hospital director dies of coronavirus        Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief        People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot        Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case        Prashant Kishor questions Nitish Kumar's development in Bihar        
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International News
Narayana Murthy''s son-in-law Rishi Sunak named new British finance minister
 
London: In a massive elevation, Indian-origin politician Rishi Sunak was appointed the UK''s new finance minister on Thursday by Prime Minister Boris Johnson in an extensive Cabinet reshuffle amid reports of serious differences within Downing Street. The 39-year-old son-in-law of Infosys co-founder Narayana Murthy will join Priti Patel on the top government bench, after she held on to her post as Home Secretary. Outside the Treasury office soon after his promotion, Sunak told reporters he was "delighted to be appointed" Chancellor and had "a lot to get on with". Pakistani-origin Sajid Javid resigned as Chancellor in a shock move in one of the biggest shake-ups since Johnson won a thumping majority in the December 2019 General Election.

According to sources close to the former Chancellor, he refused to give in to Johnson''s demand to get rid of all his special advisers at No. 11 Downing Street for the advisory teams of No. 10 and 11 Downing Street to work more closely aligned as one team. It followed reports of growing tensions within Javid''s team and the Prime Minister''s Chief Special Adviser Dominic Cummings. Javid is replaced by Sunak, who was until now Javid''s junior as the Chief Secretary to the Treasury and seen as a rising star within the Cabinet. Sunak is set to move into No. 11 Downing Street, next door to the Prime Minister''s office as he takes charge of the second most important government position as the finance minister.

He will have to hit the ground running as the UK Budget is due to be tabled next month. The Prime Minister and Chancellor are traditionally seen a double act in British politics, working close together and also living as neighbours on Downing Street. "The Queen has been graciously pleased to approve the appointment of Rt Hon Rishi Sunak as Chancellor of the Exchequer,” Downing Street said in the official announcement. The MP for Richmond in Yorkshire, married to Murthy''s daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson''s strategy to leave the European Union (EU).

Sunak campaigned for Leave in the EU referendum, and his constituency voted 55 per cent Leave. He voted for former prime minister Theresa May''s Brexit deal on all three occasions, and was an early supporter of Johnson. The UK-born son of a pharmacist mother and a National Health Service (NHS) general practitioner (GP) father is an Oxford University and Stanford graduate. "From working in my mum''s tiny chemist shop to my experience building large businesses, I have seen how we should support free enterprise and innovation to ensure Britain has a stronger future," Sunak said during the Brexit referendum. He co-founded a 1-billion pound global investment firm and specialised in investing in small British businesses before his entry into politics.

He strongly believes that small businesses in the UK would flourish as a result of Brexit as the "vast majority of British businesses (94 per cent) don''t have anything to do with the EU; but they are still subject to all EU law”. He became a housing minister in 2018, before being promoted to Chief Secretary to the Treasury under Johnson last July. A clear Johnson favourite, he was the frontline minister chosen to stand in for the Prime Minister during the BBC''s seven-way debate ahead of December''s General Election. On his website, he speaks of his parents'' great sacrifice so he could attend good schools.

"I was lucky to study at Winchester College, Oxford University and Stanford University. That experience changed my life and as a result I am passionate about ensuring everybody has access to a great education,” he says. "I have been lucky to live, study and work internationally. I met my wife, Akshata, in California where we lived for a number of years before returning home. We have two daughters, who keep us busy and entertained," he notes, listing his pastimes as keeping fit, cricket, football and movies. In what was already referred to as the most "desi Cabinet in UK history", Indian-origin MP, Alok Sharma, was also promoted to the post of Secretary of State for Business, Energy and Industrial Strategy.

The 52-year-old Agra-born Sharma, MP for Reading West, was International Development Secretary previously, a department set to be revamped going forward. Goan-origin Suella Braverman, 39, another Indian-origin MP, got a promotion in the Cabinet reshuffle. She was appointed as the Attorney General.


Death toll from China virus surges past 2,000
Necessary to prevent statelessness when nationality laws are changed: UN chief
UK budget on March 11 as planned: new finance minister
Wuhan hospital director dies of coronavirus
Opening of Kartarpur Corridor practical proof of Pakistan's desire for peace, says UN chief
Pakistan launches nationwide anti-polio campaign
Trump threatens intelligence block over Huawei: US diplomat
China says significant drop in coronavirus cases; death toll climbs to 1,665
Two more Indians test positive for coronavirus on cruise ship off Japan
France confirms first coronavirus death outside Asia
Making efforts to disembark Indians from cruise ship after quarantine period ends: Indian Embassy
Erdogan raises Kashmir in Pak Parliament, says issue close to both countries
Born on a boat: new baby among 87 rescued off Canary Islands
China rejects US charge of lack of transparency in sharing coronavirus info
China''s coronavirus death toll nears 1,500
British finance minister Javid quits in reshuffle
Nepal shuts resort where 8 Indian tourists died
Trump says looking forward to visiting India
VIRUS Coronavirus death toll in China crosses 1,000
At least 15 refugees drown after boat sinks off Bangladesh
ENTERTAINMENT NEWS
'Joker' earns Joaquin Phoenix his maiden Oscar
 Los Angeles: Hollywood star Joaquin Phoenix finally ended his dry run at the Oscars as he picked up  
'Batman' script is beautiful, dark and moving: Colin Farrell
Scriptwriting is underrated: Ayushmann Khurrana
Abhishek Bachchan starts filming 'Bob Biswas'
KERALA NEWS
Two forest dept officials killed in wildfire
 Thrissur: Two forest department officials were on Sunday charred to death in a wildfire at Wadakkanc
CPI(M) expels two student activists held for Maoist links
Surendran new Kerala BJP President
Student who tested Positive for coronavirus discharged
NATIONAL NEWS
Maha CM visits Shivneri Fort on Shivaji''s birth anniversary
 Mumbai, Feb 19 (PTI) Maharashtra Chief Minister Uddhav Thackeray visited the Shivneri Fort in Pune d
Can transport minister come to explain govt proposal for introducing EVs, asks SC
People of Delhi taught a lesson to BJP which it will remember for long time: Gehlot
Delhi court sends Sharjeel to judicial custody till Mar 3 in New Friends Colony anti-CAA violence case
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