New Prime Minister Rishi Sunak MP has retained Jeremy Hunt MP as Chancellor in his first Cabinet.
Mr Hunt was appointed by former Prime Minister Liz Truss to replace former Chancellor Kwasi Kwarteng after his botched mini-Budget.
Mr Hunt’s appointment is among dozens of ministerial appointments made by Mr Sunak after he became Prime Minister yesterday when the two other contenders for the leadership of the Parliamentary Conservative Party, Penny Mordaunt and Boris Johnson, withdrew.
In terms of key financial services ministerial appointments and changes so far, Therese Coffey has moved from Work and Pensions Secretary to become Environment Secretary; Mel Stride becomes the new Work and Pensions Secretary and John Glen returns to the Treasury as Chief Secretary and will attend Cabinet.
Dominic Raab returns as Deputy Prime Minister and Grant Schapps has become Business Secretary. More junior ministerial appointments, such as Pensions Minister, are expected later.
Among the key ministerial appointments so far this week are (details from the Cabinet Office):
Rt Hon Rishi Sunak MP as Prime Minister, First Lord of the Treasury, Minister for the Civil Service, and Minister for the Union
Rt Hon Jeremy Hunt MP re-appointed as Chancellor of the Exchequer
Rt Hon Dominic Raab MP as Deputy Prime Minister, Lord Chancellor, and Secretary of State for Justice
Rt Hon Simon Hart MP as Parliamentary Secretary to the Treasury (Chief Whip)
Rt Hon James Cleverly MP re-appointed as Secretary of State for Foreign, Commonwealth and Development Affairs
Rt Hon Ben Wallace MP re-appointed as Secretary of State for Defence
Rt Hon Nadhim Zahawi MP as Minister without Portfolio
Rt Hon Oliver Dowden CBE MP as Chancellor of the Duchy of Lancaster
Rt Hon Suella Braverman KC MP as Secretary of State for the Home Department
Rt Hon Grant Shapps MP as Secretary of State for Business, Energy and Industrial Strategy
Rt Hon Penny Mordaunt MP re-appointed as Lord President of the Council, and Leader of the House of Commons
Gillian Keegan MP as Secretary of State for Education
Rt Hon Mel Stride MP as Secretary of State for Work and Pensions
Rt Hon Dr Thérèse Coffey MP as Secretary of State for Environment, Food and Rural Affairs
Rt Hon Steve Barclay MP as Secretary of State for Health and Social Care
Rt Hon Michael Gove MP as Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations
Rt Hon Kemi Badenoch MP re-appointed as Secretary of State for International Trade and President of the Board of Trade. She also becomes Minister for Women and Equalities
Rt Hon Michelle Donelan MP re-appointed as Secretary of State for Digital, Culture, Media and Sport
Rt Hon Chris Heaton-Harris MP re-appointed as Secretary of State for Northern Ireland
Rt Hon Alister Jack MP re-appointed as Secretary of State for Scotland
David TC Davies MP as Secretary of State for Wales
Rt Hon Lord True CBE reappointed as Lord Privy Seal, and Leader of the House of Lords
Victoria Prentis MP as Attorney General
Jeremy Quin MP as Paymaster General, and Minister for the Cabinet Office. He will attend Cabinet.
Rt Hon Mark Harper MP as Secretary of State for Transport
John Glen MP as Chief Secretary to the Treasury. He will attend Cabinet.
Rt Hon Johnny Mercer MP as a Minister of State (Minister for Veterans’ Affairs) in the Cabinet Office. He will attend Cabinet.
Rt Hon Tom Tugendhat MBE MP re-appointed as a Minister of State (Minister for Security) in the Home Office. He attends Cabinet.
Rt Hon Sir Gavin Williamson CBE MP as a Minister of State (Minister without Portfolio) in the Cabinet Office. He will attend Cabinet.
Rt Hon Robert Jenrick MP as a Minister of State (Minister for Immigration) in the Home Office. He will attend Cabinet.
Rt Hon Andrew Mitchell MP as a Minister of State (Minister for Development) in the Foreign, Commonwealth and Development Office. He will attend Cabinet.