Rishi Sunak has won the race to be the leader of the Conservative Party and will become Britain’s next Prime Minister
The former Treasury chief will be Britain’s first leader of colour, and faces the task of stabilising the party and country at a time of economic and political turbulence.
His only rival, Ms. Penny Mordaunt, conceded and withdrew on Monday, 24th October 2022.
As the leader of the governing party, he will take over as Prime Minister from Liz Truss, who quit last week after 45 tumultuous days in office.
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Mr. Rishi Sunak ran for Britain’s top job and lost. Now he has another shot — and the chance to say “I told you so.”
The former U.K. Treasury chief was runner-up to Ms. Liz Truss in the contest to replace the scandal-plagued Mr. Boris Johnson as Conservative Party leader and Prime Minister.
But Ms. Truss quit after a turbulent 45-day term, and Mr. Johnson has abandoned a comeback attempt, leaving Mr. Sunak a strong favorite to finally assume the office he missed out on less than two months ago.
Ms. Truss resigned last week after her package of tax cuts spooked financial markets, hammered the value of the pound, and obliterated her authority.
Sunak accused Ms. Truss of offering “fairy tales” by promising immediate tax cuts when he felt curbing soaring inflation was a bigger priority.
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“I would rather lose having fought for the things that I passionately believe are right for our country, and being true to my values, than win on a false promise,” Mr. Sunak said in a BBC interview.
Rishi Sunak was born in 1980 in Southampton on England’s south coast to parents of Indian descent who were both born in East Africa. He grew up in a middle-class family, his father a family doctor and his mother a pharmacist, and says he inherited their hard-working ethos.
“I grew up working in the shop, delivering medicines,” he said during the campaign. “I worked as a waiter at the Indian restaurant down the street.”
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