Chancellor Javid resigns weeks before Budget

clock • 3 min read

Chancellor of the Exchequer Sajid Javid has resigned just under a month before he was expected to deliver the first Budget of this parliament, making him the shortest-serving Chancellor for more than 50 years.

The BBC's political editor Laura Kuenssberg reported on Thursday afternoon (13 February) amid a high-drama cabinet reshuffle that Javid is understood to have been asked to remove all of his special...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Newcore achieves first close of sixth value-add UK social infrastructure fund

Newcore achieves first close of sixth value-add UK social infrastructure fund

Participating investors include an LGPS pool and scheme

Jonathan Stapleton
clock 13 May 2026 • 2 min read
Partner Insight: Where Real Estate Meets Infrastructure - The Evolution for Data Centre Investing

Partner Insight: Where Real Estate Meets Infrastructure - The Evolution for Data Centre Investing

Principal Asset Management
clock 13 May 2026 • 4 min read
UK gilt yields rise amid growing leadership crisis for Keir Starmer

UK gilt yields rise amid growing leadership crisis for Keir Starmer

30-year gilt yields hit 5.8% as market fears over looser fiscal stance grow

Jonathan Stapleton
clock 12 May 2026 • 2 min read
Trustpilot