© Reuters. FILE PHOTO: British Training Secretary Nadhim Zahawi walks at Downing Avenue, in London, Britain, July 5, 2022. REUTERS/Henry Nicholls
LONDON (Reuters) – British Prime Minister Boris Johnson appointed Nadhim Zahawi as finance minister on Tuesday, changing Rishi Sunak who earlier give up in protest at Johnson’s management.
Zahawi, 55, inherits an financial system that’s seemingly heading for a pointy slowdown or perhaps a recession, and can face fast strain to do extra to assist struggling households and to decrease taxes that are on target to hit their highest degree in many years.
Zahawi was beforehand schooling secretary. He was changed as schooling secretary by Michelle Donelan, beforehand a junior schooling minister.
After working in junior ministerial roles within the schooling and enterprise departments, he was appointed minister accountable for the COVID-19 vaccine rollouts in 2020. In 2021, Boris Johnson promoted him to the cupboard to run schooling coverage.