A popular former chancellor of the exchequer under Boris Johnson's premiership, Sunak will be the first nonwhite to take the top job and the youngest prime ...
"In the last five years, we've seen ethnic minority chancellors of the Exchequer, home secretaries, foreign secretaries at a remarkable pace. "Ethnic diversity has become a new normal at the top table of British politics," Katwala acknowledges. At 42, he'll also be the youngest prime minister in more than 200 years. — faces enormous economic challenges. Sunak's rise in British politics has been nothing short of meteoric. Sunak will be the first British Asian to become prime minister and the first nonwhite to take the top job.
Incoming PM can take a cautious approach with the Tories' reputation at rock bottom, but he cannot afford mistakes.
But things have started to unravel in China and there is an absence of people willing to tell the man at the top he has got it wrong and needs to change course. Even if things go smoothly, there’s no guarantee the economic outlook will be greatly improved by 2024, and voters may be in no mood to reward the Conservative party even if it is. It is unusual for the Bank of England to be raising interest rates when the economy is shrinking, but interest rates will go up sharply next week. Hunt’s spending cuts and tax increases will be welcomed by the International Monetary Fund and the financial markets, but threaten to prolong and deepen the recession. The days of double-digit growth are over. We are now through the worst and things are getting better. That’s not entirely surprising given the continued headwinds from a troubled property market, a zero tolerance Covid-19 stance and weak demand from overseas. On the other hand, Sunak can claim to be the real heir to Margaret Thatcher, because she also favoured a “tax cuts tomorrow but deficit reduction today” when she became prime minister in 1979. There is no radical break with the past and there is really no such thing as Rishinomics. All the recent signs suggest the economy contracted in the latest quarter and will go on shrinking through the winter, and perhaps beyond. [is taking over as prime minister ](https://www.theguardian.com/politics/2022/oct/24/sunak-poised-become-uk-pm-mordaunt-johnson-withdraw)at a good time. That, though, is the point.
Practicals may be sorted, yet Truss will face her most difficult task, carving out role on Tory backbench as former PM.
While sacked cabinet ministers immediately lose the chauffeur-driven vehicle that comes with the job, former prime ministers are entitled to a government car in perpetuity, along with security. Truss’s aides refuse to say what she might do next, and it is likely she does not know herself. She will be immediately followed by Rishi Sunak, who will then be driven to Downing Street.
British Prime Minister Liz Truss said on Monday Rishi Sunak had her full support after he won a leadership race to become the country's next leader.
"Congratulations @RishiSunak on being appointed as Leader of the Conservative Party and our next Prime Minister," Truss said on Twitter. LONDON, Oct 24 (Reuters) - British Prime Minister Liz Truss said on Monday Rishi Sunak had her full support after he won a leadership race to become the country's next leader. [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html)
The former finance minister was named leader of the ruling Conservative Party on Monday after Boris Johnson dropped his bid for a comeback.
Sunak has not said what his policies will be, but has been a longtime advocate of budgetary restraint. Her scandal-plagued predecessor, [Boris Johnson](https://www.nbcnews.com/news/world/boris-johnson-battles-win-support-shock-uk-pm-comeback-bid-rcna53592), dropped his bid for a comeback Sunday. Sunak won the leadership contest on Diwali, the Hindu Festival of Lights. During his leadership election with Truss last month, he warned that many of His rapid rise through the ranks saw him "Rishi has my full support," she said in a statement. This is the party's second leadership contest in two months. Sunak's other challenger, Mordaunt, announced minutes before the 9 a.m. ET deadline that she, too, had failed to gather enough support. But doing so would have strained [the race to be Britain's next prime minister](https://www.nbcnews.com/news/world/boris-johnson-next-uk-prime-minister-race-liz-truss-rcna53355) Monday, the first British Asian to assume the role and the third leader in seven weeks of a country roiled by [political and economic chaos](https://www.nbcnews.com/news/world/uk-prime-minister-liz-truss-resigns-what-happens-now-rcna53260). [historic polling lows](https://www.nbcnews.com/news/world/uk-prime-minister-liz-truss-home-secretary-resigns-suella-braverman-rcna52991) after a decade of austerity and 18 months of controversy and division.
With Liz Truss' premiership over after 44 days, the UK's Conservative party has named Rishi Sunak as her successor. The question for environmentalists is: ...
[already established criminal organisations](https://www.bbc.co.uk/news/science-environment-60031410) are now partaking in this illegal business as a source of revenue to fund other criminal activities. Pollution poses a grave threat to the health of both residents and wildlife on every square metre of Great Britain. We need the government to ensure we have the legal commitments, high standards, pollution prevention and funding to turn the tide for our rivers.” A typical fee to remove household waste can range easily into the hundreds of pounds. Although the UK is facing a housing crisis, creating a housing crisis for our wildlife through destruction of natural habitats is not the solution. It is predicted that the UK’s tourist industry will be worth £257bn by 2025 and accounts for just less than 10% of the country’s GDP. This decline has been attributed primarily to climate change, pollution, and the methods by which land is managed for agriculture. We’re not trying to become net-zero tomorrow, and we are going to need fossil fuels in the interim, and we should use ours, that we have got available.” [Can Scotland Become A Leader in Renewable Energy?](https://impakter.com/scotland-leader-renewable-energy/) Before Brexit, this devolution of powers did not result in any significantly different policy between the separate nations, because the whole of the UK was bound to abide by EU regulations. Truss promised to set a “sunset” deadline for EU-derived business regulation by the end of 2023. Every one of these bills are entirely based on EU directives and will expire by the end of 2023.
While Britain's newest Prime Minister is no environmentalist, "it could hardly be worse than Truss,” says one campaigner.
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Ms Truss resigned after serving just 44 days as prime minister. Nevertheless, she is eligible to receive a £115,000 Public Duties Cost Allowance (PDCA), which ...
[or for the PDCA] to be withheld by the Cabinet Office and its Finance Team, permanently. Struggle to pay bills and afford heating and food. [prime minister](/topic/prime-minister).
The former PM gave the impression of being a new lieutenant who failed to create the right environment around her.
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The Economist assessing the events surrounding the demise of the HM Queen Elizabeth II calculated that, once the official mourning period for the monarch was ...
Instead of building a unity government which consists of diverse voices, she opted for a homogenised ensemble of friends and allies who were oblivious to the ramification of her policies. The Conservatives who take great pride in themselves as the fiscally responsible party were left red-faced as these policies reduced the democracy to a “chumocracy”. The fact remains that the students do not operate in a vacuum as some scientific experiments do but in the current political zeitgeist. Even among the acolytes of the Right-leaning media such as the GB News, who never ceased in their adulation of Liz Truss during those fractious few weeks of the Conservative leadership contest, there is a stunned silence. That is roughly the shelf-life of a lettuce.”](https://www.economist.com/leaders/2022/10/11/liz-truss-has-made-britain-a-riskier-bet-for-bond-investors) The live feed of a lettuce that was set up by The Daily Star became the focal point among the netizens whose humorous outputs knew no bounds. It is generous to draw parallels with the hit US Television show, as British politics has been on a freefall for the last three months and the apt theatre analogy would be The Play That Goes Wrong!
Rishi Sunak will be Britain's next prime minister after his rivals quit the race, following one of the most turbulent periods in British political history.
At 42, Sunak will also become the youngest prime minister of modern times once he is confirmed in office by King Charles III. "Congratulations @RishiSunak on being appointed as Leader of the Conservative Party and our next Prime Minister," Truss said on Twitter. Sunak will be Britain's next prime minister after his rivals quit the race, following one of the most turbulent periods in British political history. Rishi Sunak will be Britain's next prime minister after his rivals quit the race, following one of the most turbulent periods in British political history. Sunak represents the constituency of Richmond in Yorkshire, northern England --a safe and overwhelmingly white Conservative seat he took over in 2015 from former party leader and foreign secretary William Hague, who described him as "exceptional". Video footage also emerged of a 21-year-old Sunak -- educated at Winchester College, an exclusive private school, and the University of Oxford -- talking about his friends.
In 2014 she was promoted to the Cabinet as Environment Secretary. Since then, she has served as Justice Secretary, Chief Secretary to the Treasury, ...
“Most people have to work at least 35 years to get a full state pension,” Sir Ed told LBC radio. In 2014 she was promoted to the Cabinet as Environment Secretary. As a former prime minister, Ms Truss is eligible to receive an annual allowance of up to £115,000 to cover expenses connected with the role. However, Ms Truss is unlikely to be able to earn as much as the likes of Boris Johnson. On the backbenches, she will have to make do with her MPs’ salary of £84,000 - much lower than the £157,000 she was entitled to as MP. [visits the King to hand in her resignation](https://www.telegraph.co.uk/royal-family/2022/10/24/king-charles-rishi-sunak-liz-truss-new-prime-minister-buckingham/) on Tuesday morning, Ms Truss will have been in office for just 49 days - by a long way the shortest tenure of any UK prime minister.
A British man spent nearly $4000 making squeaky dog toys that look like Liz Truss after she became prime minister, only for her to resign in just 44 days.
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Rishi Sunak, 42, has become Britain's first Indian-origin Prime Minister after he won the race to lead the Conservative Party.
Known as one of the wealthiest politicians in Westminster, the 42-year-old has become the country's youngest leader in modern times - and its third in less than two months. New Delhi: Rishi Sunak on Monday (October 24, 2022) became Britain's first Indian-origin Prime Minister after he won the race to lead the Conservative Party. [@RishiSunak]on being appointed as Leader of the Conservative Party and our next Prime Minister. Liz Truss, who stepped down as the PM of the United Kingdom on October 20, congratulated Sunak on being appointed as Leader of the Conservative Party and Britain's next Prime Minister. Taking to her official Twitter account, she said, "Congratulations @RishiSunak on being appointed as Leader of the Conservative Party and our next Prime Minister. Rishi Sunak, 42, has become Britain's first Indian-origin Prime Minister after he won the race to lead the Conservative Party.
But listen, Liz. I wouldn't worry. Because it doesn't take very long before people start pining for and eulogising former prime ministers that drove them potty ...
‘I was prime minister’ she’ll think, arranging to pick up her daughter from a party or taking the bins out, as George Lazenby and Paul McGann must think of their short stints as Bond and Who. A place guaranteed in the history books, yes, but as the flash in the pan, the Maureen from Driving School of prime ministers, a one-hit wonder but of the ‘Mambo No 9’ or ‘Turtle Power’ kind. A very remote character indeed from the pastel-trousered metrosexual locomotive fancier and Mr Reasonable of political TV he is today. He was surrounded by people whose income he had stolen 99 per cent of for the purposes of making life in the 1970s so restful and idyllic. One pictures them now as two old gents under the pavilion at a bowling green, perhaps sharing a jug of Pimms, reminiscing about the days at the despatch box, occasionally looking up to check on the state of play. John Major, viewed during his heyday as a walking calamity of a nerd with the charisma and voice of Michael Palin as Reg Pither, has grown a fan club that hail his every utterance as a beloved elder statesman.
Departing PM to give speech after chairing final Cabinet meeting on Tuesday morning.
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and welcoming the accession of His Majesty King Charles III. In just a short period, this government has acted urgently and decisively on the side of ...
It is because we do not dare that they are difficult.” I look forward to spending more time in my constituency, and continuing to serve South West Norfolk from the backbenches. and I wish Rishi Sunak every success, for the good of our country. And we must continue to strengthen our nation’s defences. We must be able to outcompete autocratic regimes, where power lies in the hands of a few. From my time as Prime Minister, I am more convinced than ever we need to be bold and confront the challenges that we face.
Rishi Sunak, a former finance minister and hedge-fund manager, comes to office with some of the harshest economic headwinds Britain has faced in a ...
He called for “stability and unity” — the opposite of the tumult and divisions that characterized Truss’s tenure. Labour Party lawmaker Angela Rayner decried Sunak’s accession as a coronation and that the Tories could not “keep doling out prime ministers every month.” Labour leader He will also seek to unite his warring and unpopular Conservative Party, which, he warned, must “unite or die.” She closed with: “We continue to battle through a storm but I believe in Britain, I believe in the British people and I know that brighter days lie ahead.” The contest to replace Truss was wrapped up surprisingly fast — it was less than a week ago that she resigned. Tory grandee Iain Duncan Smith, a former leader of the Conservative Party, told LBC radio that Johnson found himself “struggling and begging people for votes. Then she was driven by motorcade to Buckingham Palace, and she resigned in person to the new king, Charles III. The incoming prime minister Sunak followed — and Charles asked him to form a new government. As the Roman philosopher Seneca wrote, ‘it is not that things are difficult that we do not dare, it’s because we do not dare, that it is difficult.’ ” She stumbled somewhat over Seneca’s name. “It means lower taxes so people can keep more of the money they earn. “We need to take advantage of our Brexit freedoms to do things differently. “From my time as prime minister, I am more convinced than ever that we need to be bold and confront the challenges we face.
Outgoing PM tells successor he should continue cutting taxes and keep planned rise in defence spending.
The outgoing prime minister said she was “more convinced than ever we need to be bold and confront the challenges we face” – saying she still believed in lower taxes and strengthening the nation’s defences. Flanked by her aides and supporters on one side and husband and two children on the other, Truss wished Sunak “every success” before she was whisked away in a car to Buckingham Palace to formally tender her resignation to the king. [Rishi Sunak](https://www.theguardian.com/politics/rishi-sunak), to “be bold” as she laid down the gauntlet by suggesting he should continue cutting taxes and keep the planned rise in defence spending.