Conservative MP Sajid Javid has been named as Treasury financial secretary following a Government reshuffle.
Javid, who was previously Treasury economic secretary, replaces Greg Clark, who has been appointed as minister of state (cities and constitution).
Conservative MP Nicky Morgan takes on the Treasury economic secretary role following Javid’s promotion.
Esther McVey, who is also a Tory MP, will take over from Mark Hoban as employment minister at the Department for Work and Pensions. Hoban returns to the backbenches.
The BBC quotes Hoban as saying he is looking forward to expressing himself in speeches “rather than whispered conversations in corridors”.
Conservative MP Mike Penning has also been handed a ministerial position at the DWP, although it remains unclear which portfolio he will take on.