Breaking: Chancellor has quit

[Mike 03]

2. Thanks, this is amazing.

A couple of excerpts:

Sajid Javid, the chancellor, reportedly resigned because the PM insisted that he sack his advisers, and replace them with officials chosen by Number 10.

Such a move would amount to a repeat of what happened last year, when one of Javid’s advisers was sacked without his approval by Dominic Cummings, Boris Johnson’s chief adviser.

Sajid Javid now joins the long list of people who have been let down by Boris Johnson. During the general election, in a Q&A after a speech to the CBI, Johnson committed to keeping Javid as his chancellor after the election. Javid was doing an excellent job, he said. No other cabinet minister received a job security guarantee of this kind during the campaign.

'No self-respecting chancellor would accept those terms', says source close to Javid
A source close to Sajid Javid has confirmed that he has resigned. The source told the Press Association.

[Javid] has turned down the job of chancellor of the exchequer.

The prime minister said he had to fire all his special advisers and replace them with Number 10 special advisers to make it one team.

The chancellor said no self-respecting minister would accept those terms.