Rishi Sunak, former finance minister, will be the new Prime Minister of the United Kingdom and the leader of the Conservative Party government Boris Johnson. He was a runner-up in the previous September race. At that time, he presented himself as the voice of economic reason – he warned against economic ideas Liz Trussand most of his predictions have come true.
Rishi Sunak had already reached the threshold of 100 parliamentary appointments required to officially enter the race. It was possible that Penny Mordaunt would also cross that threshold. Then Conservative Party members across the country would vote and the results would be known on Friday. However, Mordaunt announced his resignation on Monday afternoon. She stressed that “Rishi has his full support.”
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Meanwhile, Liz Truss resigned as Prime Minister of the UK last Thursday. ‘I can no longer exercise my mandate and I cannot exercise the power given to me by the Conservative Party,’ she said, adding that she wanted to ensure stability for the British people in difficult times. .
However, his reforms deepened the economic crisis in the British Isles. Day previously in the British Parliament, she had to defend herself against calls to resign. Even members of his own party rebelled against his policies.
Who is Rishi Sunak?
Rishi Sunak is 42 years old. Born in Southampton, his family has Indian roots. His father was a doctor and mother ran his own pharmacy. As the politician points out on his website, his parents served the local community with dedication.
He graduated in Politics, Philosophy and Economics from Oxford University. He also studied at Stanford University in the United States, where he obtained a Master of Business Administration (MBA). He was co-owner of a large investment company that collaborated, among other things, with companies in Silicon Valley.
In 2015, he was first elected to the House of Commons. He served as Under Secretary of State in the Department of Housing, Communities and Local Government. He was Minister of Finance during the pandemic, he prepared an unprecedented support program for businesses and employees. His economic views are close to the liberal wing of the party, in the tradition of Margaret Thatcher. On July 5, 2022, he opposed then Prime Minister Boris Johnson and resigned.
He is one of the richest people in the country, appearing on the “Rich List” published annually by the Sunday Times.
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