Rishi Sunak (42), the First British Asian Prime Minister

Rishi Sunak to be the next British Prime Minister

Rishi Sunak (42), the First British Asian Prime Minister
Rishi Sunak (42), the First British Asian Prime Minister
Sir Graham Brady of the 1922 committe announcing Rishi Sunak as the next prime minister
Sir Graham Brady of the 1922 committee announcing Rishi Sunak as the next prime minister

Rishi Sunak is the next UK  Prime Minister, as Mordaunt drops out of the Tory leadership race only minutes before the nominations closed.

Former Chancellor Sunak will succeed Liz Truss seven weeks after she defeated him in the previous Tory contest. Sunak gained the support of over half the Tory MPs, with Mordaunt struggling to reach the 100 needed for the threshold. He will become UK’s first British Asian PM and at 42, the youngest in more than a century.

However, Labour and Scottish National Party have reiterated their call for a general election.

The Pound and British government bond prices rose slightly on the news of Penny Mordaunt’s withdrawal, clearing the way for Rishi Sunak to become the next Prime Minister. Against the Dollar, the Pound rose slightly by 0.15 per cent.

 

Rishi Sunak was the only candidate to have cleared the threshold on the day of the Hindu festival Diwali. September’s loser has become October’s winner.