Rishi Sunak is the new UK Prime Minister: Rishi Sunak is the first British Prime Minister of Indian descent: 10 points

The fact that Rishi Sunak was named to the UK’s top post on Diwali has excited many Indians.

Rishi Sunak is the UK’s next Prime Minister, tasked with steering the economically struggling nation after his predecessor Liz Truss resigned, admitting defeat. At 42 years old, he is the youngest person and the first person of color to hold the office.

Here are the top 10 points in this big story:

  1. In his first speech to the people after being appointed Prime Minister, Rishi Sunak said it was “The greatest privilege of my life… Will work day and day to complete the task”.

  2. He is the third Prime Minister of the United Kingdom in seven months. Liz Truss – who put him in place in the party’s internal election and succeeded Boris Johnson – resigned on October 20 after just 45 days in office.

  3. Mr Johnson, who entered the race again last week, cutting his Caribbean holiday short, ended his bid for the spot yesterday in a surprise decision. He said he would not be able to lead “a united party in parliament”.

  4. Another candidate, Penny Mordaunt, failed to secure the numbers and gave up. Mr. Sunak has the support of more than 180 members of parliament – far beyond the 100 needed to get the top job done.

  5. Liz Truss has left the top spot after her plans for a small budget – including large unrefundable tax cuts – spooked the market. “Given the situation, I cannot carry out the duties for which I was elected,” she told the media.

  6. The UK is facing an economically toxic combination of recession and rising interest rates. Critics blame the economic downturn on the Conservative Party and what they call “a series of miscalculations” by the party.

  7. “I want to fix our economy, unite our party and give back to our country,” the former prime minister of Indian descent said in a short statement.

  8. The pound briefly rose today as it became clear that Mr Sunak would be the next Prime Minister.

  9. Rishi Sunak criticized Liz Truss’s tax-cutting program during the leadership contest earlier this year. He said he will only cut taxes after controlling inflation. He also outlined a plan to cut income tax from 20% to 16% by 2029.

  10. Mr Sunak’s name in the UK’s top post on Diwali has excited many in India, where he is better known through his wife. Akshata Murty is the daughter of Infosys co-founder Narayana Murthy.


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