Rishi Sunak

The former U.K. Treasury chief was runner-up to Liz Truss in the contest to replace the scandal-plagued Boris Johnson as Conservative Party leader and 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.

Rishi Sunak looked set to become Britain's next prime minister after his rival Boris Johnson quit the race, admitting he could no longer unite their party ...

Finance minister Jeremy Hunt - the fourth person in that role in four months - is due to present a budget on Oct. "This decision is an historic one and shows, once again, the diversity and talent of our party," Mordaunt said in a statement as she withdrew from the race just minutes before the winner was due to be announced. After graduating from Oxford University, he went to Stanford University where he met his wife Akshata Murthy, whose father is Indian billionaire N. His successor Truss lasted just over six weeks before she quit over an economic policy that trashed the country's economic credibility. The pound and British government bond prices jumped briefly on news of Mordaunt's withdrawal, but soon returned to their previous levels. Narayana Murthy, founder of outsourcing giant Infosys Ltd.

LONDON (AP) — Former Treasury chief Rishi Sunak is set to become Britain's next prime minister after winning the Conservative leadership race Monday — and ...

In his Sunday statement, Johnson insisted he was “well placed to deliver a Conservative victory” in the next national election, due by 2024. The Conservative Party turmoil is fueling demands for a national election. The prospect of a return by Johnson had thrown the already divided Conservative Party into further turmoil. But he was far behind Sunak in support, and said he had concluded that “you can’t govern effectively unless you have a united party in Parliament.” Sunak lost out to Truss in the last Conservative election, but his party now appears eager for a safe pair of hands to tackle soaring energy and food prices and a looming recession. Truss executed a series of U-turns and replaced her Treasury chief but faced rebellion from lawmakers in her party that obliterated her authority.

Penny Mordaunt, the last rival left after Boris Johnson dramatically pulled out, failed to secure the necessary 100 nominations from her fellow MPs. “Rishi ...

“To have, if we do, a prime minister of Indian origin is a really, really big deal,” he told BBC television shortly before the result was confirmed. In an article in the right-wing Daily Telegraph, she also stressed her commitment to a “lower-tax, high productivity economy”. Mordaunt had insisted she was best placed to take the fight to the opposition Labour party, which is soaring in the polls. “I believe I have much to offer but I am afraid that this is simply not the right time,” he said, while insisting he had secured the 100 nominations needed to progress. She had replaced Johnson in early September following a government revolt led by Sunak over a slew of scandals, most notably the “Partygate” controversy involving Covid lockdown-breaching parties. “Rishi Sunak is therefore elected as leader of the Conservative party,” senior backbencher Graham Brady said, as Mordaunt pledged her “full support” for Sunak.

One of the wealthiest politicians in Westminster, Rishi Sunak enters Downing Street facing a need to make deep public spending cuts to stem a fiscal crisis, ...

So to see a British Indian leader is phenomenal,” he told Reuters. He will also be the first person of color to become Britain’s prime minister. I know what it feels like,” Starmer said on Sunday. Sunak replaces Truss, who said she would resign four days ago but who defeated him on September 5 with 57% of the vote from Conservative members. “There will be integrity, professionalism and accountability at every level of the government I lead and I will work day in and day out to get the job done,” he said in veiled criticism of Johnson, forced out over a scandal-ridden premiership. The opposition Labour Party is likely to paint him as a member of the uber-rich elite, out of touch with the pressures faced by millions as Britain slides towards a recession, dragged down by the surging cost of food and energy.

Former chancellor has previously said his faith gives him strength and purpose and is part of who he is.

They migrated to the UK in the 1960s. “But in other ways it is unremarkable, little commented on, and that is one of the great things about the United Kingdom – that we are able to get along. But Tariq Modood, professor of sociology, politics and public policy at the University of Bristol, said: “Whatever his political views, Sunak becoming prime minister is a historic moment for multiculturalism and racial equality. But the majority of ethnic minorities continue to vote Labour. It was one of my proudest moments of the job that I had for the last two years,” It celebrates new beginnings and the triumph of good over evil and light over darkness.

Environmental groups see new PM as welcome relief but restoring climate credentials will be difficult.

Instead he should unleash investment for insulation in the UK.” As climate and cost of living activists occupied parliament, he said he would deliver on net zero carbon emissions, adding his would be an “environmentally focused government”. “Thirdly, he should deliver the agricultural transition as promised in the 2019 manifesto, rewarding farmers handsomely for delivering for nature. “I think his whole approach would be less ideological and he has a great ability to pick up and comprehend complex detail quickly,” the former minister said. He thinks Sunak has listened to his more eco-minded colleagues: “In the hustings in the summer, when there were lots of candidates, we had a conservative environment network hustings for each of them and they all made their environmental pitches. If he becomes prime minister [banks and businesses] will have the certainty that all the environment acts we just passed will go ahead.” Secondly he should scrap proposals for He did, however, vote for more regulation of fracking in 2015. “Very early on Liz Truss launched this attack on nature – we will have to see what Rebecca Pow, a former environment minister who resigned after Partygate, said: “I’ve always known that Rishi completely understands the issue … Spiers hopes a new government could heal relations with green groups: “We need a secretary of state in Defra [the Department for Environment, Food and Rural Affairs] who can demand respect – perhaps George Eustice or Tracey Crouch. But after just over a month of a Liz Truss government, many see a Sunak premiership as a welcome relief.

Almost 200 Tory MPs publicly backed the ex-chancellor, who was elected party leader without a vote.

"This decision is an historic one and shows, once again, the diversity and talent of our party," Ms Mordaunt wrote in a tweet. Mr Sunak will be the fourth consecutive prime minister - after Theresa May, Boris Johnson and Ms Truss - to take power without a general election. Sources told the BBC that Mr Sunak and Mr Johnson met on Saturday as Tory MPs decided who to back in the second Tory leadership contest in four months. Ms Mordaunt took the leadership race to the wire but came under pressure to unite behind Mr Sunak after former Prime Minister Boris Johnson withdrew from the contest on Sunday. Mr Sunak - a 42-year-old practising Hindu - is expected to take office in the coming days now the result of the Tory leadership contest is known. Mr Sunak's coronation, in effect, as Tory leader caps a rapid political comeback by the former chancellor after he lost out to Ms Truss in the last leadership contest during the summer.

Following Liz Truss's resignation last week, Rishi Sunak has today (24 October) been confirmed as new Conservative Party leader.

But expert organisations [have stated in 2022](https://www.edie.net/9-pressing-green-policy-challenges-the-next-uk-prime-minister-must-tackle/) that the approach taken by Sunak is not foolproof, with major issues remaining. Research from the Overseas Development Institute found that, under Sunak, the UK gave $3.2bn towards this goal in 2020, a little over half of what was calculated as the nation’s fair share. Sunak was also behind some decisions that have proven vastly unpopular across the UK’s green economy as Chancellor. Additionally, Sunak dedicated time in his leadership bid to emphasise the importance of new and expanded building energy efficiency schemes – but provided scant detail as to specific plans. Measures taken to support this transition include the launch of a £16bn sovereign green bond package and the launch of a net-zero transition plan mandate for large, high-emitting businesses from 2023. Sunak had stated an intention to get rid of remaining EU law within 100 days of being PM and is a vocal advocate for Free Ports. Under Sunak, the Government may well press ahead with plans to effectively ban solar planning applications on swathes of farmland. The Climate Change Committee (CCC) has recommended keeping the ban in place to support an orderly net-zero transition. At present, the ban has been lifted, but ‘local support’ has not been formally defined. Maintaining the moratorium on fracking was a pledge detailed in the Conservative Party Manifesto at the last general election in 2019. With this in mind, edie takes a look at Sunak’s record on climate, nature and energy. Following Liz Truss’s resignation last week, Rishi Sunak has today (24 October) been confirmed as new Conservative Party leader.

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.

In December 2019, nearly 14 million people voted for Boris Johnson to become prime minister of Britain. Last month, 140,000 Tory members voted for Liz Truss ...

He thought both were hopeless: “One of the dominant facts in English life during the past three-quarters of a century has been the decay of ability in the ruling class.” Sunak, the third British prime minister since early September, and the second without a mandate from the voters, will struggle to prove Orwell wrong. To those sensitive to the exquisite vibrations of the British class system, this makes him “new money.” By contrast, Boris Johnson—a scholarship boy at Eton who even got a Conservative donor to pay for the celebratory [barbecue](https://www.standard.co.uk/insider/boris-johnson-carrie-wedding-details-daylesford-house-braai-savannah-miller-b1016110.html) at his third wedding—has always postured as “old money.” [non-dom](https://www.theguardian.com/politics/2022/apr/06/rishi-sunaks-wife-claims-non-domicile-status)”—a foreign national who paid a £30,000 flat fee in lieu of millions of pounds in income tax on earnings outside Britain—nearly sank her husband’s political career. Does he have any idea how to improve either Britain’s terrible productivity figures or his party’s own [terrible poll ratings](https://twitter.com/PME_Politics/status/1584586899200831490?s=20&t=VZfkl5cwIVAPifqznXRtLw)? He wears his [designer ](https://www.standard.co.uk/news/uk/rishi-sunak-budget-photoshoot-slippers-flip-flops-palm-angel-b962640.html) [slides](https://www.standard.co.uk/news/uk/rishi-sunak-budget-photoshoot-slippers-flip-flops-palm-angel-b962640.html) with white socks. “England was ruled by an aristocracy constantly recruited from parvenus,” George Orwell wrote in The Lion and the Unicorn, of the first half of the 20th century. And the third was Boris Johnson—yes, that Boris Johnson, of the haystack hair and grudge against monogamy, a man whom many of these same MPs had declared to be unfit for office only three months previously. The breakout star of the last leadership election was Kemi Badenoch, who lived in Nigeria until she was 16. Having settled in Southampton, an unremarkable port city in southern England, his mother became a pharmacist and his father a family doctor. Let me be clear about how cringe he can be: The 42-year-old once told a pair of schoolboys that he was a “ By insisting that any potential candidate had to be nominated by 100 of their 356 colleagues, the Tories’ “ At the time, the Conservatives were failing to attract nonwhite voters whose attitudes and circumstances should have made them natural Tories.

Sunak, a practicing Hindu of Indian descent, will be the first person of color to serve in Britain's highest office, and his Conservative Party leadership win ...

“I tend not to judge people by how much is in their bank account, I judge them by their value and their actions,” he said. But in India, he added, “it’ll be celebrated and feed into the popular narrative of rising Indian — even Hindu — global power.” Anuj Dhar, a Delhi-based author who has written about Indian freedom fighters, hailed the “incredible feat” that a person of Indian descent would lead Britain. Sunak, a former banker, and his wife, Indian tech heiress Akshata Murty, have an estimated fortune of about $827 million, according to the Sunday Times Rich List. On the same list, published before the death of Queen Elizabeth II, the monarch was estimated to have about $420 million. He called for “stability and unity” — in other words, the opposite of the tumult and divisions that characterized Truss’s tenure. Johnson said, “I believe I have much to offer but I am afraid that this is simply not the right time.” “It is clear that colleagues feel we needed certainty today,” Mordaunt said in a message Inflation has crested at 10.1 percent, a 40-year high, with the cost of living soaring because of higher energy and food costs, driven in part by Russia’s Sunak’s rise to the top office is especially significant in a country that has sometimes struggled to grapple with the legacy of its colonialist past. He also promoted a month of Opposition politicians don’t appear to be leaving much leeway for a honeymoon period.