Sunak-backer and former minister: Who is the new chancellor Jeremy Hunt?

Jeremy Hunt has been appointed as the new chancellor after Prime Minister Liz Truss sacked Kwasi Kwarteng.

Returning to the frontbenches after three years, Mr Hunt is no stranger to ministerial positions, having spent his 17-year career in politics in a variety of Cabinet jobs.

His appointment came just an hour after his predecessor was shown the door, in a move that showcased Liz Truss trying to get opponents on side.

The MP for South West Surrey was one of Rishi Sunak's most vocal supporters during the Tory leadership campaign this summer - albeit after he was knocked out of the race himself.

Mr Kwarteng lost his job after flying back to London early for crunch talks with the prime minister. He confirmed he would be stepping away from the position after just 38 days and a disastrous mini-budget that has mired the first few weeks of Ms Truss's premiership and thrown the UK economy into disarray.

What experience does the new chancellor have?

Mr Hunt's first Cabinet role, as culture secretary, was given to him following the 2010 general election which saw the Conservatives and Liberal Democrats form a coalition government.

During his two-year stint in the role, he was praised for the hugely successful London Olympics, but also faced calls to resign over his role in the BSkyB takeover bid.

Then Labour leader Ed Miliband said Mr Hunt should quit over his contacts with Rupert Murdoch’s media empire while he was considering the bid, which was later withdrawn.

Mr Hunt was later promoted to health secretary during a cabinet reshuffle in 2012, succeeding Andrew Lansley.

As health secretary, he secured a £20 billion-a-year funding increase for the NHS and expanded his department to include social care.

But his time in office was controversial and saw him face criticism from doctors and nurses due to the pressures on the NHS.

His scrapping of junior doctors’ overtime pay led to multiple strikes by medical staff across the UK.

Despite calls to resign, he stayed put, later being made foreign secretary after the shock resignation of Boris Johnson in 2018.

In the Brexit referendum, Mr Hunt campaigned to remain in the EU.

Following the resignation of prime minister Theresa May in 2019, he announced he would campaign to become leader of the Conservative Party.

He was the runner-up in the race, losing to Mr Johnson.

Return to backbenches after Boris Johnson named PM

The new PM then offered Mr Hunt the job of defence secretary after Dominic Raab was chosen as the new foreign secretary, but he declined it.

Mr Hunt said at the time on Twitter: “I would have been honoured to carry on my work at the FCO but understand the need for a new PM to choose his team.

“BJ kindly offered me another role but after 9 yrs in Cabinet & over 300 cab mtgs, now is the time to return 2 backbenches from where PM will have my full support.”

He then stepped back from the front benches for several years, focusing on his role as chairman of the Health and Social Care Committee, a role he was elected to at the beginning of 2020.

He used his position to make a number of critical interventions on the government’s handling of the Covid pandemic, and was supportive of the nation going into lockdown to curb the spread of the virus.

Leadership hopeful and Sunak supporter

Following the resignation of Mr Johnson as PM earlier this year, Mr Hunt announced his intention to again run for the Tory leadership.

But he was eliminated from the race after the first round of voting by Tory MPs.

Earlier this year, Mr Hunt revealed that he had had cancer and had since recovered.

He ran in Cancer Research UK’s Race for Life to raise money for cancer charities.

The son of Admiral Sir Nicholas Hunt, he enjoyed a privileged upbringing that saw him educated at the prestigious Charterhouse school.

He went on to read philosophy, politics and economics at Oxford, where he was a contemporary of former prime minister David Cameron and Mr Johnson.

Mr Hunt later set up educational publishing firm Hotcourses, which was then sold to Australian outfit IDP Education for £30.1 million in 2017.

Want a quick and expert briefing on the biggest news stories? Listen to our latest podcasts to find out What You Need To Know.