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Tuesday will see Rishi Sunak sworn in as Britain’s third prime minister of the year, taking over for the humiliated Liz Truss after just seven weeks and inheriting a vast variety of issues.
Following the spectacular demise of Boris Johnson’s return campaign and Penny Mordaunt’s failure to get enough support from Conservative MPs, Mr. Sunak was elected as the new leader of the governing Conservatives on Monday. The first non-white and youngest prime leader of Britain in more than 200 years will be the 42-year-old Hindu.
King Charles III will select Mr. Sunak as his first prime minister since assuming the throne in the morning audience, barely two days after his late mother Queen Elizabeth II named Truss.
The event on September 6 served as her record-breaking reign’s last significant public performance.
Around 10:15 am (09:15 GMT), Truss will convene his last cabinet meeting before giving a farewell speech in Downing Street. Mr. Sunak is scheduled to speak little over an hour later.
She departs office as the premier with the shortest tenure in history, following a disastrous budget that drastically reduced taxes caused chaos in the economy and politics.
Last Thursday, the 47-year-old announced her resignation, saying that she had failed to fulfil the “mandate” that Conservative Party members had given her when they picked her over Mr. Sunak in the summer.
Now that his political fortunes have taken a remarkable turn for the better, he promises to do the same for Britain as it deals with decades-high inflation, rising borrowing rates, and a looming recession.
Speaking in front of the public on Monday, Mr. Sunak pledged “stability and togetherness” while also uniting “our party and our nation.”
‘Choices’
Britain’s sixth prime minister in six years will begin selecting his top staff after giving the now all-too-familiar new leader’s address from the steps of Number 10 at approximately 11:35 a.m. on Wednesday before taking part in his first round of “Prime Minister’s Questions” in parliament.
After the markets have stabilised, Truss may decide to keep Finance Minister Jeremy Hunt in the position. Truss just hired him 11 days ago in an ultimately unsuccessful attempt to save her leadership.
On October 31, Halloween, whomever is in charge of the Treasury will present the much-awaited medium-term budgetary plans of the government together with third-party evaluations.
In an effort to reconcile his splintered party, Mr. Sunak must also determine whether to bring to his cabinet prominent MPs who opposed him, such as Mordaunt.
His previous boss Johnson, who was forced out in July in part because of Mr. Sunak’s departure, is one so-called big beast who is unlikely to be given a place at the table.
Johnson allegedly pressed him to create a power-sharing alliance at their late-Saturday meeting.
The offer was rejected since the former leader only had a small number of Tory MPs publicly support him, as opposed to Mr. Sunak who had well over 100.
A day later, Johnson declared he would abandon his bold return as a result of political realities.
