Rishi Sunak becomes third British Prime Minister of the year
SMA NEWS – LONDON
Tuesday was a historic day for the United Kingdom, which got its first ever non-white Prime Minister in Rishi Sunak, the former Chancellor of the Exchequer and Britain’s youngest Prime Minister in recent times.
Mr. Sunak, 42, is of Indian descent and was born to parents who migrated to Britain from East Africa. The former investment banker and hedge fund manager will have the daunting task of trying to get the British economy back on the rails while attempting to unite the Conservative Party which has produced three Prime Ministers in under two months.
Mr. Sunak is married to an Indian citizen, Akshata Murty, who is the daughter of Infosys founder N.R. Narayana Murthy, and they have two daughters. He was chosen by his fellow Conservative MPs to lead the party and country, following former Prime Minister Liz Truss’s announcement last Thursday that she was resigning, having lost the support of her fellow MPs after a failed ‘mini budget’ that deeply rattled markets.
My government acted ‘urgently and decisively’ to help hard-working families, says Britain’s outgoing PM Liz Truss.
Standing outside No.10 Downing Street shortly after being appointed by King Charles III around noon on Tuesday, Mr. Sunak vowed to bring stability to a country beleaguered by a cost of living crisis and a lack of stable leadership.
“I will place economic stability and confidence at the heart of this government’s agenda,” Sunak said, adding that his government would be run with “integrity, professionalism and accountability”.
Former Prime Minister Boris Johnson’s scandal-ridden government had collapsed in July leading to Ms. Truss replacing him after she beat Mr. Sunak in a vote by Conservative Party members.
Ms. Truss, who had been in office just 49 days, defended her policy decisions in a speech on the way out of Downing Street on Tuesday morning.
The new Prime Minister said he admired Ms. Truss’s “restlessness” and that her goal of creating economic growth was “noble”.
“But some mistakes were made,” he said, as he vowed to improve the National Health Service and control borders.
Mr. Sunak is a supporter of the Johnson government’s plan to send certain asylum seekers from Britain to Rwanda. He also voted for Brexit in 2016 (i.e., Britain to leave the European Union) and said on Monday that he would deliver on the Conservative manifesto promise of embracing the “opportunities of Brexit”.