Rishi Sunak

The winner of the Tory leadership contest is revealed later - before becoming PM on Tuesday.

And the stakes are high, for voters are worried about their bills most of all. But also for the Conservative Party, worried about its future. [travel to Balmoral Castle in Scotland](https://www.bbc.co.uk/news/uk-62728328) to be appointed by the Queen, rather than at Buckingham Palace. That will include tax cuts and help for families and businesses. The original field of 11 contenders was whittled down to two in a series of Tory MP ballots, with the final pair going into a run-off to be decided by the membership, which stands at about 160,000. Mr Johnson was forced out in July by a ministerial revolt over a string of scandals, just over two-and-a-half years after leading the Tories to a landslide victory at the 2019 election. Ms Truss did not rule out a freeze on Sunday but has previously described the idea as a "sticking plaster" and argues more needs to be done to help the UK boost its domestic sources of energy. She said any further support would have to go "hand in hand" with efforts to boost nuclear energy, fracking for shale gas and more oil and gas drilling in the North Sea. On Sunday the foreign secretary declined to say whether further help would be universal or targeted at the most needy, saying she would need time in office to iron out the details of her plan. After weeks of talking to Conservative members, the new prime minister will have to start talking to the country immediately. Ms Truss is yet to offer details of her cost-of-living support plan beyond saying she will temporarily scrap green levies on energy bills and reverse the rise in National Insurance introduced during Mr Johnson's tenure. BBC News has been told that a menu of options has been worked up in Whitehall to help struggling households, including a freeze on energy bills.

Rishi Sunak Loses UK PM Race: Rishi Sunak has been a MP for Richmond (Yorks) in North Yorkshire since 2015. On his future plans, he said his constituency ...

One of the two suspects in a stabbing spree in the Canadian province of Saskatchewan early on Sunday morning, has been discovered dead while police continue the manhunt for a second person. Sunak has been a MP for Richmond (Yorks) in North Yorkshire since 2015. The Chinese government reacted furiously to the release of a report by the United Nations High Commissioner for Human Rights on 31 August, calling it "wholly illegal and invalid". Rishi Sunak Loses UK PM Race: Rishi Sunak has been a MP for Richmond (Yorks) in North Yorkshire since 2015. A 27-year-old data analyst clad in a sari, Aruna Chida turned to Morimoto for companionship. He said he would support the government headed by his rival but also that he is unlikely to serve in the cabinet.

Leftists 'celebrate' Rishi Sunak losing the British PM race, use Hinduphobic tweets to mock him for temple visit and Gau Puja ... On August 5 (local time), Rishi ...

Sunak was heavily trolled on social media for following Hindu customs. [https://t.co/xXtZkYy1ab] [September 5, 2022] [https://t.co/qrdODiI8yx] [September 5, 2022] Despite all these antics Rishi Sunak was soundly defeated by Liz Truss and she becomes the new UK PM. ‘Professor’ Ashok Swain, a fake news peddler who is known for his anti-India rhetoric and Hinduphobia, said, “Despite all these antics, Rishi Sunak was soundly defeated by Liz Truss, and she becomes the new UK PM. [lost ](https://www.opindia.com/2022/09/liz-truss-uk-prime-minister-rishi-sunak/)the election to become the conservative party’s PM face to Mary Elizabeth Truss, who has been serving as the Foreign Secretary since 2021.

From his 'mansplaining' tendencies to his disloyalty to Boris Johnson, Rishi Sunak went wrong on several counts.

In the mortal realm of politics, it is more likely that the crisis-riven conditions of the economy and much of the public service infrastructure, notably health, will create a political restiveness. Sunak will likely join the global elite of billionaire clubs that he truly belongs to and do what they do—make money while spending luxuriously. His exit also marks another moment as Sunak’s country of origin, that is India, famed for its diversity has zero Muslim representation in the ruling benches in its parliament. Loyalty is the principal sign of the political follower, but disloyalty will cost the crown to both the leader and the contender. Little wonder that this critical point has found little to no mention in the Indian commentary that has otherwise kept an eager and watchful eye on Sunak’s campaign. Labour has traditionally banked on African and Asian minority votes yet it has not promoted any minority figures to frontline leadership, barring Sadiq Khan, who is the current Labour mayor of London. The change of guard will force both political parties, Conservative and Labour, in two contradictory directions of ideological clarity and political compromise. When he did speak, Sunak adopted a patronising tone as he aimed to mansplain the economy and whatnot to her. Second, and to my mind the more important reason, is that Sunak behaved too much like a man we—especially women—sadly know all too well. That he came so close to taking the mantle only highlights the difference between the place of diversity in India and Britain. An apt comparison would be if India were to have a Muslim prime minister, as ethnic and racial minorities in Britain occupy a similar place to that of religious minorities in India. Wildly popular as chancellor, Rishi Sunak was widely tipped to be Boris Johnson’s successor through the rocky year of 2021 as the latter kept running through his proverbial nine lives—courting, and surviving scandal after scandal.

Rishi Sunak has refuted claims of stepping away from politics, saying it is a 'great privilege' to serve his constituency Richmond, Yorkshire.

“It is the most unbelievable privilege to have these jobs,” he added. Follow us on [also read] [India](https://www.firstpost.com/category/india) [When S Jaishankar had tutored UK PM-elect Liz Truss](https://www.firstpost.com/india/when-s-jaishankar-had-tutored-uk-pm-elect-liz-truss-11188481.html) But I was with them on Friday night and it’s been a great privilege to represent them. But I look forward to supporting the Conservative government in whatever capacity.” "It’s presumptuous for me to say because I have to get selected by my own members. I need to recover from this one. [World](https://www.firstpost.com/category/world) [Liz Truss defeats Rishi Sunak to be UK's next prime minister](https://www.firstpost.com/world/liz-truss-defeats-rishi-sunak-to-be-uks-next-prime-minister-11188061.html) “The people of Richmond are the most amazing people, it is a joy every week to go home to them and to have their love and their support and to be able to represent them properly as their member of Parliament. Of the 170,000 votes, Truss received 81,326 votes, compared with Sunak’s 60,399. Here are all the possibilities, decoded. When asked on by BBC’s Laura Kuenssberg if he would run for the Tory leadership again, the 42-year-old said: “We’ve just finished this campaign. There’s lots I can continue…

Truss will succeed ousted Boris Johnson. Truss defeated her rival Rishi Sunak.

"Wish you the very best for your new role and responsibilities," he said in a tweet. Truss said she will take bold action "to get all of us through these tough times, grow our economy, and unleash the United Kingdom’s potential". She thanked the party leaders for putting their trust in her to lead and deliver for the country.

Liz Truss won the UK prime minister race defeating Rishi Sunak with 81326 votes to 60399 among party members. Here's a look at why Sunak, who was leading ...

As of August 8, 2022, only 22 per cent of the people thought that Rishi Sunak was doing a good job as a chancellor, as against his rating two years ago -- 48 per cent, according to a YouGov survey. After Boris Johnson resigned facing a series of scandals, Rishi Sunak too quit the government, saying that the "public rightly expect government to be conducted properly, competently and seriously". Sunak is married to Akshata Murthy, daughter of Infosys founder Narayana Murthy, who owns 0.93 per cent stake worth £690 million in the tech company. “We inherited a bunch of formulas from Labour that shoved all the funding into deprived urban areas and that needed to be undone. A report by The Guardian suggests that Liz Truss’s team has decided on which Tory leaders will be awarded key cabinet posts. Even as this move put him ahead in the race to the PM post, he started losing support of top Conservatives.

Liz Truss, who will be the UK's third female prime minister, beat former finance minister Rishi Sunak in a leadership vote.

By tradition, that happens on the steps of Number 10. Advertisement

The result of the Conservative Party leadership contest will be announced at 12.30pm with the winner to take up office on Tuesday. In a break with tradition, ...

“Whether the strident way in which she has brought forward the Northern Ireland Protocol legislation in the UK, which, of course, has created a lot of tension and undermined trust, whether that will continue to be her strategy as prime minister or not.” He wrote in the Financial Times: “As prime minister, Liz will take immediate action if elected that will help people with the challenges we face in the coming months, and lay the groundwork for the change we need in the long term.” Kwasi Kwarteng, who is widely tipped to become the next Chancellor in a Liz Truss cabinet, has promised to run a “lean state” if he takes the reins in the Treasury. Mr Sunak said “everyone is going to need some help” and those on the lowest incomes, about a third of all households in the country, and pensioners, will need additional support. Boris Johnson will be a “thorn in the side” of his successor, his closest allies have suggested. Ms Truss told the BBC on Sunday night it “will take a week to sort out the precise plans” but she understands that skyrocketing energy bills are “a huge problem”.

The Conservative Party's leadership contest winner, Liz Truss or Rishi Sunak, will be announced Monday and installed as the British prime minister on ...

Conservative Party lawmakers said they could no longer trust a prime minister who prevaricated his way through scandal after scandal (and could no longer be counted on to help win elections). If Truss does emerge victorious, she would be Britain’s third female prime minister — following Margaret Thatcher and Theresa May. His predecessor, May, also called an early election, which lost her a parliamentary majority. As foreign secretary, she was a reliable NATO ally and Ukraine supporter, talking tough on Russia and its president, Vladimir Putin. And Sunak’s leading role in Johnson’s ouster — angry Tories called him a “Brutus” — seemed to hurt him with the grass roots. [“kissing hands,”](https://www.washingtonpost.com/world/2022/07/11/next-uk-prime-minister-explainer/?itid=lk_inline_manual_22) his successor will bow or curtsy and ask the queen for permission to form a new government. [shapeshifting](https://www.washingtonpost.com/world/2022/09/03/liz-truss-uk-prime-minister/?itid=lk_inline_manual_12) politician. [“selectorate”](https://www.washingtonpost.com/world/2022/07/11/next-uk-prime-minister-explainer/?itid=lk_inline_manual_12&itid=lk_inline_manual_10) of 150,000 to 200,000 dues-paying Conservative Party members — about 0.3 percent of the population — determine the country’s political future. [YouGov poll](https://yougov.co.uk/topics/politics/articles-reports/2022/09/01/what-do-people-think-liz-truss), 12 percent of the general public say Truss will be a good or great prime minister compared with 52 percent who say she will be poor or terrible. An avalanche of resignations followed. [Liz Truss](https://www.washingtonpost.com/world/2022/09/03/liz-truss-uk-prime-minister/?itid=lk_inline_manual_2) is far and away the favorite among the Tory activists who are selecting the leader of their party and the next leader of Britain in vote results to be announced Monday. [Sunak’s fiery departure](https://www.washingtonpost.com/world/2022/07/05/boris-johnson-sunak-javid/?itid=lk_inline_manual_7) as chancellor of the exchequer, or treasury secretary, in July that launched the revolt against Johnson.

The new leader of the Conservative Party — and the UK's next prime minister — is set to be announced from 12:30 p.m. London time (7:30 a.m. ET).

The central bank also predicted that the UK will enter recession before the end of the year. As far as this affects the Conservative Party leadership contest, analysts are skeptical that either candidate’s policies will help. Average annual energy bills alone are set to rise 80% to £3,549 (approximately $4,180) from October – threatening to overwhelm much of the country.

Liz Truss is likely to be named as the next leader of the Conservative Party and Boris Johnson's successor as the United Kingdom prime minister.

As per British media, Sunak’s wife Akshata Murthy’s wealth is also seen as an impediment to his ambition as the UK’s prime minister. Meanwhile, the opposition Labour Party is enjoying a surge in popularity among the wider British electorate YouGov had Truss ahead of Sunak by 24 points (13 July) with the gap then closing to 18 points (20 July) – on an unforced choice in both cases,” ConservativeHome survey was cited by ANI. Follow us on [also read] [World](https://www.firstpost.com/category/world) [UK PM race: An underdog fights for every inch, says Rishi Sunak's new campaign](https://www.firstpost.com/world/uk-pm-race-an-underdog-fights-for-every-inch-says-rishi-sunaks-new-campaign-11090371.html) It encourages the public to think the worst of scientists, only exacerbating mistrust and division. The fact is, scientists weren’t empowered enough – and were used at times as human shields for political incompetence and procrastination. Signalling defeat, her rival Rishi Sunak has said that he looks forward to “supporting the Conservative government in whatever capacity” As per YouGov poll, Sunak’s popularity saw a dip among Tories. I need to recover from this one,” he told BBC on his future prospects. “I’m loyal to Boris Johnson. If Truss is elected by 2,00,000 Tory members (mostly wealthy, old, white and male) eligible to vote, Britain will get its third female prime minister following Theresa May and Margaret Thatcher. He also did not rule out running for the Conservative Party leader again.

The final countdown in the over six-week-long gruelling campaign for the governing Conservative Party to elect a new leader who will succeed ousted Boris ...

In the field of romance, you will want to nurture and protect your partner. At work, you will be very professional and will follow the company policy to the letter. The card indicates that the people around you will appreciate you and your efforts and notice the quality of your work. Some of you are expected to face competitions at work, you should try to keep a close eye as someone will try to frame you at work for something serious. Channelize your energy in the right track and you will find yourself in the pink of health. You are likely to take your relationship to the next level. You will have a tough time finding a solution to the problem which arrived unexpectedly. Your professional life will see you on the fiery side of your personality. You will be smart and optimistic at work and will accomplish all your incomplete tasks. You will be able to revive the inner child like energy and will be active the entire week. You will maintain a better harmony in your relationships and will have a greater ability to express your love and affection towards your partner. With all these, you need to have a profound vision and a vigilant analysis of all the plans and strategies which will enable you to move towards success.

The winner of the Conservative Party leadership contest will be announced at 12.30pm UK time.

And growing the economy benefits everybody." Of course, there are some people who don't pay tax at all. The next prime minister will be the 15th since the queen took the throne. [said to be considering a freeze on energy bills](https://www.thenationalnews.com/world/uk-news/2022/09/03/liz-truss-pledges-immediate-action-on-energy-crisis-if-made-uk-pm/) for millions of households if she wins the contest. Mr Johnson will deliver a farewell speech before formally tendering his resignation to the queen, after which she will appoint his successor in a so-called kissing of hands ceremony. Ms Truss said she would would work tirelessly to make sure everyone has the “opportunity to go as far as their talent and hard work takes them”, The Sun reported. [Mr Sunak](https://www.thenationalnews.com/world/uk-news/2022/09/01/into-the-arena-london-loves-sunak-but-truss-victory-looms/) initially had the most support from his fellow MPs, but Ms Truss proved to be more popular among the party's grassroots. [Ms Truss](https://www.thenationalnews.com/tags/liz-truss/) said she would take “immediate action” on [energy](https://www.thenationalnews.com/tags/energy/) bills during her first week in office, but declined to give details. The new prime minister will travel to Scotland tomorrow to meet the queen and be formally asked to form a government. [country’s new prime minister](https://www.thenationalnews.com/world/uk-news/2022/08/29/liz-truss-favours-targeted-support-to-ease-cost-of-living-crisis/) will be on Monday afternoon when the outcome of the Conservative Party leadership race is revealed. [support from his ministers and MPs collapsed](https://www.thenationalnews.com/world/uk-news/2022/07/07/boris-johnson-will-quit-as-uk-prime-minister/). [Liz Truss](https://www.thenationalnews.com/world/uk-news/2022/08/29/liz-truss-favours-targeted-support-to-ease-cost-of-living-crisis/), will be announced at 12.30pm UK time (3.30pm UAE time).

The new Tory leader will be handed the keys to Number 10 on Tuesday after an audience with the Queen at Balmoral.

“Under Liz Truss, we’re set to see more of the same crisis and chaos as under Boris Johnson. It’s good for the country and he should stay gone.” I look forward to supporting the Government in that task.” It would be ridiculous ever to take a result for granted. “That shows not only that she’s out of touch, but she’s not on the side of working people. You were admired from Kyiv to Carlisle.” Emerging from the Queen Elizabeth II Centre in Westminster where the result of the Tory leadership contest was announced, Mr Rees-Mogg said: “Delighted Liz Truss has won. She tweeted: “Congratulations to Liz Truss. Liz Truss must do what should’ve happened months ago and deliver help to the millions unable to cope with their crushing bills.” Incoming prime minister Liz Truss promised a “bold plan” to cut taxes and grow the economy and “deliver on the energy crisis, dealing with people’s energy bills but also dealing with the long-term issues we have on energy supply”. So she needs to deal with the cost-of-living crisis, she needs to deal with the fact the NHS is on its knees, and she needs to deal with the collapse of law and order.” “Liz Truss has an opportunity to come in now and stop pandering to the DUP, stop pandering to the approach which is damaging to our ability to help people through the cost-of-living crisis,” she said.

Foreign secretary sees off former chancellor in race for Tory leadership. She will take over from Boris Johnson on Tuesday.

Liz Truss offers more of the same old failed Tory ideas that got us in this mess.” Paying tribute to her “friend” Johnson in her acceptance speech, Truss said: “Boris, you got Brexit done. In 2019, Boris Johnson won 66 percent of votes in the membership ballot, with Jeremy Hunt winning 34 percent. “I know our beliefs resonate with British people,” she said, adding: “I campaigned as a Conservative and will govern as a Conservative.” after comfortably seeing off rival Rishi Sunak in the race to lead the governing Conservative Party. [on a raft of promises](https://www.politico.eu/article/elizabeth-truss-uk-tory-government-policy-manifesto/) she made during the campaign and take the Conservatives — currently lagging in the polls — to victory at the next election.

If elected, 47-year-old Truss would be the third female PM of the UK, while Sunak, if chosen, will be the first of Indian origin to hold the top office in ...

Notably, Sunak and Truss are in the race to become the new leader of the [Conservative Party](/topic/conservative-party)who will replace the outgoing Prime Minister Boris Johnson. 47-year-old [Truss](/topic/truss)becomes the third female Prime Minister of the UK. [PM-elect Liz Truss announces 'bold plan' for Britain's economy after pipping Rishi Sunak in comfortable win [WATCH]] [Liz Truss](/topic/liz-truss)becomes the new British Prime Minister to succeed Boris Johnson defeating rival [Rishi Sunak](/topic/rishi-sunak).

UK PM election result: The voting by Tory members for their choice between Rishi Sunak and Liz Truss which started early August closed on Friday evening.

Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1 per cent in July. I will deliver a bold plan to cut taxes and grow our economy," Truss said after the result was announced. A further 37 per cent of Britons believe she will be much the same as her predecessor.

Liz Truss has defeated Rishi Sunak to be the new Prime Minister of Britain. She beat her rival, former finance minister Rishi Sunak, by 81326 votes to 60399 ...

It is a long and costly to-do list for the incoming leader who will replace Prime Minister Boris Johnson. Would like to thank Rishi Sunak," said Liz Truss after being appointed the Prime Minister of UK> 47-year-old Liz Truss will become the third female prime minister of the UK. First, she will turn to the urgent issue of surging energy prices. "Congratulations Liz Truss for being chosen to be the next PM of the UK. Liz Truss has defeated Rishi Sunak to be the new Prime Minister of Britain. The contest shown the depth of talent the party has. Several have called for an early election - something Truss has said she will not allow. "I will deliver a bold plan to cut taxes and grow our economy. His successor will follow him and be asked to form a government. Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1 per cent in July. Wish you the very best for your new role and responsibilities," tweeted PM Modi.

Results of the contest between the Conservative Party's Truss and Sunak will be announced at 12.30 pm BST (5 pm in India) on September 5.

Following the appointment, the new Prime Minister will fly back to London, and deliver a speech outside 10 Downing Street. Their exact number is not known, and The Guardian reported that about 150,000 were registered and eligible to vote in the last leadership election in 2019, their numbers could now be between 180,000 and 200,000 — which would make this group about 0.3% of the population. She will not be able to travel to the capital for the ceremony. The process of electing the new leader of the Conservatives — the new PM — started after Boris Johnson was forced out of power by a massive revolt in his party that capped his turbulent and scandal-hit three-year tenure. The result of the contest will be announced at 12.30 pm BST (5 pm in India) on Monday. But if projections in the British media are to be trusted, it will more likely be [Liz Truss, 47, secretary of state](https://indianexpress.com/article/explained/who-is-liz-truss-united-kingdom-prime-minister-race-8052062/) for foreign, commonwealth, and development affairs, (foreign minister) who visited India at the end of March this year.

Globe-trotting, MBA-graduate husband of a billionaire's daughter could have any life he wants - so what is he doing in Parliament?

Mr Sunak could’ve hung in, perhaps rebuilding his reputation by steering the country through the energy crisis. He seemed, for a while, the very obvious successor to Mr Johnson. Instead, it was reportedly a friendship with Spectator journalist and fellow Wykehamist James Forsyth that finally gave Mr Sunak the politics bug. A partial U-turn weeks later could not undo the damage. Still, Mr Johnson was weak in his final months in power and even if he joked about sacking his Chancellor, doing so was out of the question. For a while he did. Critics are quick to point out that it was civil servants who came up with the furlough plan and Mr Sunak who liked to place his signature at the bottom of public pronouncements. Indeed, Mr Sunak was one of the most lockdown sceptical of Cabinet members, reportedly arranging briefings for Mr Johnson from anti-lockdown scientists to try and counteract the official scientific advice the PM was getting. [Javid resigned over the independence of his team of advisers](https://www.telegraph.co.uk/news/2020/02/13/thursday-evening-news-briefing-sajid-javid-resigned-chancellor/), and it was Mr Sunak, despite never having been a secretary of state, who was made the youngest ever Chancellor of the Exchequer in his stead. The reality turned out to be quite different, with the PM and Chancellor regularly clashing over fiscal policy and with Mr Sunak forcing Mr Johnson grudgingly into tax rises to pay for his largesse. Considering his youth and inexperience, it wouldn’t have been a surprise if Mr Sunak had been entirely overwhelmed when just months into the job the pandemic exploded. [son of a GP and a pharmacist](https://www.telegraph.co.uk/politics/2022/07/08/inside-team-rishi-slick-video-produced-48-hours-puts-humble/) who attended the elite Winchester College, Mr Sunak was one of myriad future MPs to study PPE at Oxford, but he showed little interest in politics while there, despite a brief work experience stint at Conservative Campaign Headquarters.

FTSE 100 off earlier lows, down 50 points · Liz Truss named as new Conservative Party leader and new PM · Gas prices rise sharply as Russia closes Nord Stream 1.

The benchmarks started positive but turned sour in the afternoon, clinching their third-straight week of losses. “In order to stem some of the recent bearishness in the market, the cartel is understood to be considering reducing its production to limit supply and provide some support for prices.” “With the pound now below 1.1500 against the US dollar the new PM and the cabinet will need to set out how they intend to deal with the sharp rises in energy prices that are set to kick in next month, and without some form of government intervention to help with gas and electricity costs could see hundreds of businesses go to the wall.” “Although a production cut is on the table, the most likely outcome of today’s discussions is that OPEC+ sticks to its current output levels.” Sunak has also committed to a bonfire of EU laws that are “getting in the way” of British businesses. “The car manufacturer has been a flop since joining the stock market and one has to wonder if it would be better off as a privately-owned company.” Sunak would set a new legal target for the UK to be energy independent by 2045 at the latest and has committed to maintaining the government’s legally binding goal of reaching net zero emissions by 2050 and has assured the Tories’ green wing he would protect the environment. The next leader of the Conservative Party, and by default the next UK Prime Minister, is set to be announced at 12.30pm today with Conservative party members choosing between Liz Truss and Rishi Sunak. [Bank of England](https://www.proactiveinvestors.com.au/PRIVATE-UK:BOE/Bank-of-England/) due to announce its next monetary policy decision on September 15th, the combination of weak activity growth and some better news on inflation could be consistent with a shift in the UK central bank's thinking.” “Combining the services reading with August's manufacturing survey, the composite PMI of 49.7 was the lowest for 18 months and pointed to the private sector as a whole stagnating.” “In tandem with August's manufacturing survey, the latest services gauge pointed to a slowdown in input price inflation” although “output price inflation accelerated slightly from July's five-month low.” Liz Truss has won the battle to become the next leader of the Conservative Party and the next Prime Minister beating Rishi Sunak after a lengthy election process.

Liz Truss is to be the next UK Prime Minister,replacing Boris Johnson and defeating Rishi Sunak to become the third woman to hold the office.

Her insistence on the campaign trail that she will lower taxes was met with heavy doses of skepticism at a time when the economy is struggling so much, and she is likely to set out an economic plan later this week. “We need to show we will deliver, bold plan to cut taxes and grow our economy.” She takes up the role at a time of national crisis, with energy bills skyrocketing and the economy on the verge of recession.

'I will deliver on the energy crisis, dealing with people's energy bills, but also dealing with the long term issues we have on energy supply,' Truss said ...

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. First, she will turn to the urgent issue of surging energy prices. Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1% in July. Truss will follow him and be asked to form a government by the monarch. I will deliver a bold plan to cut taxes and grow our economy," Truss said after the result was announced.

UK foreign secretary Liz Truss defeated Indian-origin former chancellor Rishi Sunak to be named the winner of the Conservative Party leadership contest on ...

Truss' campaign pledge to reverse Sunak's tax hike plans while he was Chancellor to tackle the cost-of-living crisis facing the country seems to have worked in favour. She is the third female Prime Minister in Britain, after Margaret Thatcher and Theresa May. UK foreign secretary Liz Truss defeated Indian-origin former chancellor Rishi Sunak to be named the winner of the Conservative Party leadership contest on Monday and will now go on to formally take charge as British Prime Minister as Boris Johnson's successor.

After months of campaigning and hustings, the UK has a new Prime Minister and it is not former chancellor Rishi Sunak. The Tory leader was a clear favourite ...

The video had brought a lot of flack for Sunak who was dubbed being as out of touch from reality. And then I shock them at the end of chatting to them for half an hour and tell them I was at Winchester and one of my best friends is from Eton or whatever. The Conservative party leader was visiting Teesside to gather the support of Mayor Ben Houchen. It was at this stage that Truss started to pull away from Sunak in the race. The majority of Sunak's fortune were derived from his marriage to Akshata who owns a 0.93 per cent stake worth $794 million in Infosys. The Tory leader was a clear favourite at the beginning of the election trail. Well, not working class" Sunak said in the BBC documentary titled 'Middle Classes- Their Rise & Sprawl'. He further remarked in the clip, "I mix and match and then I go to see kids from an inner-city state school and tell them to apply to Oxford and talk to them about people like me. Afterward, another three pence will be struck off the income tax, come 2029. WION takes a look and explores. However, once that is achieved, his government will slash one pence off income tax in 2024, as announced in his tenure as the chancellor. What were the reasons that Sunak and his popularity amongst the conservatives dived so steeply, after leading the pack in the early phase of the election?

The 47-year-old senior Cabinet minister was widely expected to become the third female British Prime Minister after 170,000 online and postal votes cast by Tory ...

However, for pollsters, political analysts and media outlets it came as little surprise as Truss had been the frontrunner to beat 42-year-old Sunak in pre-poll surveys and bookmaker odds on the race. Truss’ campaign pledge to reverse Sunak’s tax hike plans while he was Chancellor to tackle the cost-of-living crisis facing the country seems to have worked in favour. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. "I am honoured to be elected Leader of the Conservative Party. (example: u cannot substitute for you, d is not 'the', n is not 'and'). Thank you for putting your trust in me to lead and deliver for our great country.

Britain's Rishi Sunak, who lost the race to become Britain's prime minister on Monday, said the party must now unite behind winner Liz Truss.

Register now for FREE unlimited access to Reuters.com

Truss will succeed ousted Boris Johnson. Truss defeated her rival Rishi Sunak.

"Wish you the very best for your new role and responsibilities," he said in a tweet. Truss said she will take bold action "to get all of us through these tough times, grow our economy, and unleash the United Kingdom’s potential". She thanked the party leaders for putting their trust in her to lead and deliver for the country.

Rishi Sunak had an advantage as he threw his hat early in the ring and was endorsed by four former chief whips, but within weeks, he started trailing behind ...

The ex-chancellor said he would continue to work as an MP, representing his constituency Richmond, Yorkshire, saying it was "a great privilege" to represent ...

The ex-chancellor said he would continue to work as an MP, representing his constituency Richmond, Yorkshire, saying it was "a great privilege" to represent the people there. Johnson and Sunak are likely to sit within a short distance of one another after they both get relegated to the status of backbench MPs, The Times reported. Liz Truss was elected the next Prime Minister of the United Kingdom (UK) on Monday after beating British Indian former Chancellor Rishi Sunak in a six-week-long battle.

The former chancellor was more specific in providing economic solutions but his privileged background and his weak political team were handicaps.

There are even reports that MPs who support him are thinking of triggering a new leadership crisis before the end of the year. But, given the scale of the immediate crises, he can console himself with the thought that the prime minister’s post might be up for grabs again in two years’ time. She traded heavily on her apparently poor northern childhood roots in order to distinguish herself both from Sunak’s childhood in Hampshire, a well-off county in the south, and from his immense wealth. Foreign policy issues include Ukraine, where Johnson – backed by Truss as foreign secretary – led the toughest response to the Russian invasion, and the West’s simmering confrontation with China. She quite quickly gained personal confidence, keeping the debate focussed on her popular tax cuts and rejecting interventionist policies that she is now likely to announce. [trade union strikes](https://news.sky.com/story/who-is-going-on-strike-in-august-and-september-and-for-how-long-12668354) since the 1970s. Sunak’s defeat compares with the voting among Conservative MPs in July where he led Truss with 137 votes to her 113. Meanwhile, the government became sterile and Johnson enjoyed his final weeks in power with jaunts that included flying in a jet fighter, joining a dawn police raid, and announcing distant nuclear power plans. It far exceeds the 15% of the UK population who come from a minority ethnic background, while in parliament there are Then there was the issue of his immense family wealth totalling some £730m, mainly stemming from his wife Akshata – daughter of Narayana Murthy, co-founder of Infosys, one of India’s three leading IT companies. He knew exactly how to run the country during an economic crisis and had an answer to every contingency, something Truss carefully avoided. It looks likely that there will be an historic mix of ethnic backgrounds in Truss’s cabinet.

Britain's Prime Minister-elect Liz Truss will spend Monday putting finishing touches to her new Cabinet after being elected Conservative Party leader and is ...

Therese Coffey, a close friend of Truss, is expected to replace Steve Barclay as Health Secretary. Some of these will be replaced by existing Truss aides such as Jamie Hope, her policy adviser in the Foreign Office, and Adam Jones, her media adviser. Truss will take formal charge as the UK's third female Prime Minister at 10 Downing Street on Tuesday late afternoon after an audience with the Queen in Scotland.