Who Is Jeremy Hunt, New U.K. Chancellor?

Jeremy Hunt, who was appointed chancellor of Britain’s Exchequer Competition on Friday, is a former foreign secretary and pragmatist from the ideologically central background of conservative politics. The selection of a dovish with the government’s experience seems to restore calm to the financial markets.

British Prime Minister Liz Truss appointed him to replace Kwasi Kwarteng, whom she fired on the same day, cutting his term short by just 38 working days and after he introduced a tax plan that caused a stir and financial market turmoil.

The dizzying pace of revenue in a post often associated with measuring, and sometimes hardening, authorities has rocked British politics, prompting fierce criticism of Ms Truss from the outside. in her own party.

Speaking at a news conference, Ms Truss called Mr Hunt “one of the most experienced and widely respected government ministers and MPs – and he shares my beliefs and ambitions for the land.” our country.”

She said he would “advance our mission for growth, including implementing the supply-side reforms that our country needs,” and that he would deliver a new fiscal plan. government at the end of the month.

Mr Hunt, who studied philosophy, politics and economics at Oxford University and is a dean at one of Britain’s top private schools, is one of the party leadership contenders in 2019. second place to Boris Johnson, who later became prime minister.

When Mr Johnson stepped down in July, Mr Hunt ran for re-election but was knocked out in the first round of the leadership battle, winning only 18 votes from his conservative colleagues. He went on to endorse Rishi Sunak, Mr Johnson’s prime minister, for the leadership position. The final contest Miss Truss won.

Mr. Hunt served as health secretary from 2012 to 2016. During the pandemic, he was chairman of the congressional health committee, using the platform for scrutiny and sometimes challenges. government health policy.

Prior to that, he served as cultural secretary and executive at the 2012 London Olympics and Paralympics, considered a success by many.

Mr Hunt is the fifth person to serve as prime minister of the Exchequer in just over three years, a reflection of the relative instability of the politics that ruled during that period.

By contrast, Gordon Brown, a Labor prime minister, served for a decade until 2007, while George Osbourne, who directed a Tighten the policy in an attempt to reduce Britain’s national debt, which ran for six years, serving until 2016.

Like his predecessors, Mr Hunt will move to 11 Downing Street, a terraced house next to the prime minister’s residence.


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