Five years ago Britain's new finance minister Rishi Sunak wasn't even ...
LONDON - Five years ago Britain’s new finance minister Rishi Sunak wasn’t even a member of parliament, now he is running the world’s fifth largest economy.
As Johnson moves to increase control of the finance ministry, one of the youngest chancellors in history will face a prime minister who wants to increase spending on everything from infrastructure and police to health and education. But few expected the Brexit-supporting Oxford graduate to ascend to one of the highest offices in the land just yet.
A research note by investment bank Citi saw the possibility of “Trump-style stimulus” with Javid gone and Sunak at the helm.extended gains on Sunak's appointment as investors bet that it would pave the way for a more expansionary budget next month.
“As Conservatives we believe you can’t tax your way to success. We believe in supporting free enterprise, ambition, entrepreneurship - that’s the way you pay for excellent public services,” he told the party’s annual conference last year
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