Below is Rishi Sunak’s letter to Boris Johnson, explaining why he is quitting as Chancellor.
Dear Prime Minister,
It is with deep sadness that I am writing to you to resign from the Government.
It has been an enormous privilege to serve our country as Chancellor of the Exchequer and I will always be proud of how during the pandemic we protected people’s jobs and businesses through actions such as furlough.
To leave ministerial office is a serious matter at any time. For me to step down as Chancellor while the world is suffering the economic consequences of the pandemic, the war in Ukraine and other serious challenges is a decision that I have not taken lightly.
However, the public rightly expects government to be conducted properly, competently and seriously. I recognise this may be my last ministerial job, but I believe these standards are worth fighting for and that is why I am resigning.
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