Truss, a former accountant, will be succeeded as lord chancellor by David Lidington. Truss was criticised heavily in her previous role in the justice department for failing to publicly defend three judges involved in Article 50 from attacks by the right-wing press.
Gauke has been appointed work and pensions secretary. He was promoted to chief Treasury secretary in May’s first reshuffle last July. Gauke, who in his former role focused on tax policy, was a leading figure in the government’s Making Tax Digital plans.
Phillip Hammond has survived as chancellor. There were reports that he would be sacked if the prime minister had received the decisive electoral victory she expected.
Michael Gove, who only last year launched his own failed leadership bid and was previously known as an adversary of May, has been made given the nod for environmental secretary.
Greg Clark has retained his position as business secretary while David Davis will continue lead the Brexit department.
Conservative MP Jane Ellison, who replaced Gauke as financial secretary to the Treasury in July last year, lost her seat of Battersea to Labour’s Marsha De Cordova in the election. Her replacement has yet to be announced.
ICAEW member Justine Greening kept her position as education secretary while fellow chartered accountant and former KPMG tax manger Karen Bradley has also been reappointed as culture secretary.