Former Treasury chief Rishi Sunak is set to become Britain’s next prime minister after winning the Conservative leadership race Monday.
Sunak will be Britain’s first leader of colour, and the nation’s third leader just this year. He will take over as prime minister from Liz Truss, who quit last week after 45 tumultuous days in office, leaving a staggering economy and a shell-shocked and divided party.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Sunak lost out to Truss in the last Conservative election, but his party now appears eager for a safe pair of hands to tackle soaring energy and food prices and a looming recession. The politician steered the economy through the coronavirus pandemic, winning praise for his financial support for laid-off workers and shuttered businesses.
His challenge is enormous as he tries to unite a demoralized and divided party that trails far behind the opposition in opinion polls, and seeks to shore up an economy reeling after Truss’ brief, disastrous experiment in libertarian economics. The prospect of a return by Johnson had thrown the already divided Conservative Party into further turmoil. He led the party to a thumping election victory in 2019, but his premiership was clouded by scandals over money and ethics that eventually became too much for the party to bear.
He hinted he might be back, however, saying: “I believe I have much to offer but I am afraid that this is simply not the right time.”
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