Mr Davis, 70, was the first pro-Leave minister to quit because of
It is believed that he told Mr Johnson, the favourite to become the next Prime Minister on Tuesday, that he would not accept anything less than one of the most senior jobs.
Mr Hammond, meanwhile, looks set to close the curtain on his time as Chancellor and was seen loading a car with suitcases today.
David Davis could become the next Chancellor or Foreign Secretary in Boris Johnson’s (right outside his Oxfordshire cottage today) Cabinet
While the current Chancellor Philip Hammond was spotted loading a car with suitcases today
It is unclear if he has moved out of his residence at Number 11, but he packed the car with a large amount of luggage, including cases, bags and holdalls.
His replacement was expected to be current Home Secretary Sajid Javid, but according to sources, he hasn’t ‘done enough’ to support Mr Johnson’s campaign.
Now, the Telegraph claims that Mr Johnson and Mr Davis have been in contact in recent days.
There is also speculation that Jacob Rees-Mogg could be made Chief Secretary to the Treasury.
A senior source said: ‘Boris appreciates the fact that while the rest of the Cabinet sat on their hands over the deal, David did the honourable thing.’
It had previously been reported that Mr Javid and Health Secretary Matt Hancock were battling over the Chancellor role.
It is unclear if he has moved out of his residence at Number 11, but he packed the car with a large amount of luggage, including cases, bags and holdalls
His replacement as Chancellor will be named next week, after Boris Johnson or Jeremy Hunt are named Prime Minister
Mr Johnson, pictured outside his Oxfordshire cottage today, is favourite to be the next Prime Minister
Both former leadership contenders were lobbying to be the Chancellor after their bids to become PM failed.
Mr Hancock’s Health Department has been at the forefront of No Deal planning.
A source said in late June: ‘Matt has really impressed Boris over the last week, taking a grip on planning for his Government without making a big song and dance about it publicly.’
Jeremy Hunt, thought to be certain to lose to Mr Johnson in the leadership contest, was tipped to become deputy prime minister.
However, Brexiteers would now prefer Iain Duncan Smith and are pushing for him to be given the role.