Saturday, June 07, 2025 | 01:08 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

New UK FM Zahawi pledges to boost economy, says 'nothing off the table'

But the former education minister faced questions about whether he would even have a chance to steer the economy out of its slowdown, given Johnson's weakening grip on power

Britain's Chancellor Nadhim Zahawi poses for a photograph outside the HM Treasury following his appointment after Rishi Sunak resigned from the post, in London (Photo: AP/PTI)
premium

Britain's Chancellor Nadhim Zahawi poses for a photograph outside the HM Treasury following his appointment after Rishi Sunak resigned from the post, in London (Photo: AP/PTI)

Reuters London
Britain's new finance minister Nadhim Zahawi pledged on Wednesday to rebuild and grow the struggling economy and said he would look at all policy options, including possible tax cuts.
 
Zahawi, who took over the Treasury on Tuesday after the resignation of Rishi Sunak in protest against embattled Prime Minister Boris Johnson, said "nothing is off the table".
 
But the former education minister also faced questions about whether he would even have a chance to steer the economy out of its slowdown, given Johnson's weakening grip on power.
 
Among other government ministers to quit were health minister Sajid Javid and junior

Disclaimer: No Business Standard Journalist was involved in creation of this content