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Birmingham Post

Business

Hannah Finch & PA

Chancellor Nadhim Zahawi sets out priorities on first day in Treasury

Nadhim Zahawi Rishi Sunak

Nadhim Zahawi has confirmed taxes will go up as he gets set for his first day as the Chancellor.

The former Education Secretary posed for photographers outside the door to his new office on 1 Horse Guards Road after Rishi Sunak's shock resignation last night.

Speaking on BBC Radio 4's Today programme about tax rises, the new Chancellor said: “Yes, but, at the same time, we’ve had £407 billion input to help the economy and people’s livelihoods and life to get through the pandemic.

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