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Another man’s Treasury: Britain’s cabinet upheaval

Economist Podcasts

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The Cabinet Shake-Up: Javid's Resignation

This chapter examines the sudden resignation of Sajid Javid as Chancellor of the Exchequer amid intense pressure from Prime Minister Boris Johnson and his aide, Dominic Cummings. It highlights the tensions over economic policy and the implications of centralizing power within the government, questioning the future independence of the Treasury. Additionally, the discussion addresses the potential risks of aligning the Treasury's direction with the Prime Minister’s political ambitions, alongside the introduction of the new chancellor.

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