Just four weeks after his party convincingly won the UK general election, prime minister Boris Johnson has sacked nine cabinet members including Chancellor of the Exchequer Sajid Javid (their equivalent of the U S treasury secretary) and replaced them with people whom Johnson thinks will be more loyal to him. Javid’s replacement Rishi Sunak only entered parliament in 2015 and was until recently a hedge fund manager. Javid himself had an 18-year career in banking ending as managing director of Deutsche Bank. Johnson’s dedication to serving the interests of the financial sector is clearly in view.
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