The battle of Downing Street: Can Rishi Sunak challenge Boris Johnson?

Rishi Sunak with club officials from left Bruce Storr Bob Dixon Jim McRobert David Broadley and David Ward

But Mr Javid's resignation as Chancellor due to his reluctance to sack his political advisers has raised the question - has Number 10 now got too much power?

He said he hoped Mr Sunak would "find ways to make economies, ensure infrastructure projects are properly managed and keep spending under sufficiently tight control so that at least we avoid penal tax increases".

Mr Sunak, who replaced Mr Javid when he resigned in last Thursday's reshuffle rather than fire his team of aides.is understood to be considering delaying the budget beyond the now announced date of March 11.

A source close to Mr Javid said: 'He is on the record many, many times as being a low-tax Chancellor'.

Rishi Sunak - who has served as chief secretary to the treasury since the summer of 2019 - is replacing Javid in the top finance role.

Labour's shadow chancellor, John McDonnell, said the resignation was "a historical record".

Instead, Johnson's team signalled that he was keen to foster new talent, particularly among women, in the junior ranks of government while also rewarding loyal supporters who helped him win a large majority in December's election.

"It's clear Dominic Cummings has won the battle to take absolute control of the Treasury and has installed his stooge as the Chancellor".

Several other frontbench ministers have been given the boot, including Environment Secretary Theresa Villiers, Housing Secretary Esther McVey, and Andrea Leadsom, the business secretary.

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