Rishi Sunak May Become UK’s Prime Minister After Boris Johnson Quit Race

• Former minister of finance, Rishi Sunak may become UK’s first colored prime minister
• Boris Johnson has pulled out of the UK prime minister race
• Rishi Suank is a multi-millionaire former hedge fund boss

Rishi Sunak may become the first Indian Prime Minister of the United Kingdom. After one of the most chaotic moments in British political history, Rishi Sunak appeared poised to succeed Boris Johnson as the country’s next prime minister.

Johnson withdrew from the campaign after admitting he could no longer bring their party together. On Monday, Liz Truss could be replaced as leader by Sunak, a 42-year-old former finance minister, making him Britain’s third prime minister in less than two months.

According to The New York Times, Rishi Sumak a 42-year-old former finance minister could replace Liz Truss on Monday, making him Britain’s third prime minister in less than two months.

As Britain sinks into recession, weighed down by rising energy, food, and mortgage prices, the multimillionaire former hedge fund manager will face one of the most challenging sets of difficulties. He is tasked with restoring Britain’s economic reputation through significant spending cuts.

Rishi Sunak’s generally pessimistic outlook during the summer, inflation warnings, and rigorous adherence to fiscal conservatism may have prevented him from being chosen prime minister in September.

But less than two months later, these same traits and an accurate assessment of the program’s results have made it easier for him to advance to the top position in Britain.

You will recall, a few days ago, after just a month and a half as prime minister, the majority of which was spent clinging on to her political life, Liz Truss announced that she is resigning. And she became the shortest-serving occupant of Downing Street in 300 years of British history.

Rishi Sunak May Become UK’s Prime Minsister After Boris Johnson Quit Race

“The United Kingdom is a great country but we face a profound economic crisis,” Sunak said in a statement declaring his candidacy on Sunday. He must first overcome Penny Mordaunt, the final contender, who needs the endorsement of 100 MPs in order to be included on Monday’s ballot. Over 25 parliamentarians have so far backed Mordaunt, the House of Commons leader in the legislature. 

Rishi Sunak will be presiding over a party that has bounced from one crisis to the next in recent months, badly split along ideological lines and a country that is growing increasingly angry at the conduct of its politicians.

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Mr. Sunak has come under more fire due to his wealth. Photographs showing him using expensive “smart” coffee mugs and wearing luxury clothing, as well as news that he possessed a Peloton exercise bike, have given him the appearance of being out of touch with the people who are being squeezed by the greatest inflation rate in forty years.

Rishi Sunak has many of the typical characteristics of a Tory upbringing, even though his Indian origin demonstrates the Conservative Party’s success in diversifying its ranks and would make him Britain’s first prime leader who was not white.

He attended the fee-paying Winchester School and then moved to Oxford University to study philosophy, politics, and economics. Before joining the Parliament, he held positions at two hedge funds and the financial giant Goldman Sachs.