Rishi Sunak to Become The Next UK Prime Minister After Months Of Turbulence

• Rishi Sunak will become Britain's first prime minister of colour on Tuesday after he won the race to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to leave millions of people poorer.
• One of the wealthiest politicians in Westminster, Sunak, 42, will become the country's youngest leader in modern times - and it's 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.
• 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 cost of energy and food.
• Sunak, who will be appointed prime minister by King Charles on Tuesday, will also have to work hard to hold Britain's dominant political party together after some accused him of treachery earlier this year when he resigned from the cabinet of former leader Boris Johnson, triggering his downfall too. Other Conservatives say he is too rich to understand the day-to-day economic pressures building in Britain and worry whether he could ever win an election for a party that has been in power for 12 years.
• Britain has been locked in a state of perma-crisis ever since it voted in 2016 to leave the European Union, unleashing a battle at Westminster over the future of the country that remains unresolved to this day.

(Source: Reuters)