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Chancellor Nadhim Zahawi sets out priorities on first day in Treasury

The former education secretary secured the prized job after the sudden resignation of Rishi Sunak

Chancellor Nadhim Zahawi pictured on his arrival at the HM Treasury in Westminster for his first day in the job.(Image: PA)

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.

“We’ve just come out of the equivalent of a world war. We have to rebuild the economy and return to growth – that is what your listeners will want me to focus on.

“It’s my first day in the job … and I need to be able to just make sure I go back, review everything; nothing is off the table.

“I’ll come back on your programme and happily talk about where I think we can do more on taxes.

“We are determined to do that, as was my predecessor – he was determined to do that on personal taxation, and of course on other taxes as well.”

He told the programme that his task is to rebuild the economy and return to growth.