George Osborne is to retain his position as Chancellor of the Exchequer in the next parliament, Prime Minister David Cameron has announced.
Osborne has held the role since the Conservatives returned to power in coalition in 2010, and his appointment is the first word from Cameron on the make up of a Conservative government since his party succeeded in winning a majority in Parliament.
Osborne will also take on a new role as first secretary of state, making him the most senior member of the Cabinet, and effectively deputy prime minister.
In addition, Theresa May will be retained as Home Secretary, Philip Hammond will also keep his role as Foreign Secretary and Michael Fallon will say on as Defence Secretary.
The only other known role in the government is that of former older workers’ champion Ros Altmann, who is to be appointed to the House of Lords, who is taking up a position as consumer protection minister.