Jeremy Hunt remains as chancellor amid government reshuffle

Rishi Sunak reshuffles his cabinet, sacking the home secretary

Sahar Nazir
clock • 1 min read

Chancellor Jeremy Hunt will remain in his role after prime minister Rishi Sunak reshuffled his cabinet this morning (13 November), sacking home secretary Suella Braverman.

James Cleverly is set to replace Braverman whilst former prime minister David Cameron will take the position of foreign secretary in an unexpected announcement. The chancellor has faced pressure from members of parliament to offer tax cuts ahead of the general election, but he has prioritised efforts to cut inflation. Hunt, who has been chancellor since 2022, is expected to announce significant changes to the ISA regime in the Autumn Statement next week (22 November). Existing ISA rules could be relaxed from April next year to allow savers to pay into multiple ISAs of the same type...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Owning the 'why?': Verona Kenny reflects on six months at Aberdeen Adviser

Owning the 'why?': Verona Kenny reflects on six months at Aberdeen Adviser

'We need to be consistent. We need to get the basics right every single time'

Verona Kenny
clock 01 May 2025 • 4 min read
Fairstone refines buyout terms to focus on high-growth potential IFAs

Fairstone refines buyout terms to focus on high-growth potential IFAs

Updated DBO model to ‘support increased valuations’

Jenna Brown
clock 30 April 2025 • 2 min read
L&G drops fracture cover in critical illness and income protection overhaul

L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock 29 April 2025 • 3 min read