Rishi Sunak became Britain’s first Prime Minister on October 24, 2022, after winning the race to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn that left millions of people poorer. One of the wealthiest politicians in Westminster, Mr. Sunak becomes the country’s youngest leader in modern times, and it is third in less than two months, as he takes over during one of the most turbulent eras in British political history.
He replaces Liz Truss, who only lasted 44 days before she said she would resign, needing to restore stability to a country reeling from years of political and economic turmoil and seeking to lead a party that has fractured along ideological lines. He told his lawmakers in parliament that they faced an “existential crisis” and must “unite or die”. In addition, he told the country it faced a “profound economic challenge”.
“We now need stability and unity, and I will make it my utmost priority to bring our party and our country together,” he said. The multi-millionaire former hedge fund boss will be expected to make deep spending cuts to try to rebuild Britain’s fiscal reputation, just as the country slides into one of the toughest downturns in decades, hit by the surging energy cost and food.
He further stated, “I promise you this – we will not leave the next generation with a debt to settle that we were too weak to pay ourselves. I will unite our country, not with words, but with action. I will work day in and day out to deliver for you.”
To read more Political news, Please Click Here!
