Britain's former finance minister Rishi Sunak is all said to take the top job. The first Indian-origin premier of the UK has a rocky road ahead as he inherits an economy that was headed for recession even before the recent Liz Truss-trigger-turmoil.

Rishi Sunak makes history: UK all set to get its first Indian-origin PM

The race for choosing the next UK Prime Minister is on. Conservative leaders and now switching sides after the former PM Boris Johnson withdrew from the contest. Former chancellor Rishi Sunak is the favorite to replace Liz Truss as UK's new Prime Minister.

UK: Rishi Sunak races ahead of Penny Mordaunt

UK: Conservative party chooses Rishi Sunak as leader, to address Tory MPs shortly

UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM

WION Dispatch: Rishi Sunak, Penny Mordaunt up for the battle

Rishi Sunak has scripted history and he's all set to become the next prime minister of Britain. At the age of 42, Sunak will be the youngest British Prime Minister in its modern history.

Gravitas: Rishi Sunak to be first British-Indian PM

Asian equities fell to new 2.5 year lows on Tuesday as early gains inspired by a rally on Wall Street on hopes the Federal Reserve could be nearing the end of aggressive rate increases were offset by weakness in Chinese shares and the Yuan.

WION Business News | Asian stocks ease 2.5 year-low, Pound lifted by Sunak's victory

<p>Prime Minister Narendra Modi and other leaders on Monday (October 24) congratulated Rishi Sunak after he won the contest to become the leader of Britain's Conservatives.&nbsp;</p>

<p>Sunak is set to take over as the first Indian-descent Prime Minister of the United Kingdom. Sunak is married to an Indian, Akshata Murty, daughter of the co-founder of IT giant Infosys.&nbsp;</p>

<p>PM Modi said that he looks forward to working closely together on global issues and also implementing the "Roadmap 2030". The 42-year-old Sunak is the first British Asian to become prime minister.&nbsp;</p>

<p><strong>LIVE |&nbsp;<a href="https://www.afpforum.com/AFPForum/Search/Results.aspx?pn=1&amp;smd=8&amp;mui=1&amp;q=6467730890263574250_0&amp;fst=sunak&amp;fto=1">Sunak to be appointed UK's PM on Tuesday</a>&nbsp;</strong></p>

<p>Taking to his official Twitter account, the Indian prime minister wrote: "Warmest congratulations @RishiSunak! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030."&nbsp;</p>

<p>"Special Diwali wishes to the 'living bridge' of UK Indians, as we transform our historic ties into a modern partnership," PM Modi added.&nbsp;</p>

<p><strong>IN PICS |&nbsp;<a href="https://www.wionews.com/photos/in-pics-indian-origin-world-leaders-occupying-significant-positions-498639">UK's Rishi Sunak joins Indian-origin world leaders. Here's a look at others</a></strong></p>

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<p dir="ltr" lang="en">Warmest congratulations <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a>! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030. Special Diwali wishes to the 'living bridge' of UK Indians, as we transform our historic ties into a modern partnership.</p>
— Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1584567173791768580?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>Other Indian politicians also wished Sunak. Finance Minister Nirmala Sitharaman tweeted: "Congratulations and good wishes @RishiSunak on becoming UK PM."&nbsp;</p>

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<p dir="ltr" lang="en">Congratulations and good wishes <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a> on becoming UK PM.<a href="https://twitter.com/hashtag/Sunak?src=hash&amp;ref_src=twsrc%5Etfw">#Sunak</a></p>
— Nirmala Sitharaman (@nsitharaman) <a href="https://twitter.com/nsitharaman/status/1584576325150392320?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>"Great News. Indians setting their mark all over the globe. My best wishes to Mr @RishiSunak on becoming the Prime Minister of the United Kingdom. Wishing him wisdom and strength to lead the country successfully", Delhi Chief Minister Arvind Kejriwal said in a tweet.&nbsp;</p>

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<p dir="ltr" lang="en">Great News. Indians setting their mark all over the globe.<br />
<br />
My best wishes to Mr <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a> on becoming the Prime Minister of the United Kingdom.<br />
<br />
Wishing him wisdom and strength to lead the country successfully. <a href="https://t.co/GcbzGWbJcR">https://t.co/GcbzGWbJcR</a></p>
— Arvind Kejriwal (@ArvindKejriwal) <a href="https://twitter.com/ArvindKejriwal/status/1584578552300589059?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>"Truth is always stranger than fiction. #Sunak, only one ever 2lose #PM contest &amp; then bcome PM in 90 days. First indian origin #PM of #UK. Reverse imperialism of nicest kind. First ever indian 2head a foreign govt on #Deepawali!!" tweeted leader Congress Abhishek Manu Singhvi.&nbsp;</p>

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<p dir="ltr" lang="en">Truth is always stranger than fiction. <a href="https://twitter.com/hashtag/Sunak?src=hash&amp;ref_src=twsrc%5Etfw">#Sunak</a>, only one ever 2lose <a href="https://twitter.com/hashtag/PM?src=hash&amp;ref_src=twsrc%5Etfw">#PM</a> contest &amp; then bcome PM in 90 days. First indian origin <a href="https://twitter.com/hashtag/PM?src=hash&amp;ref_src=twsrc%5Etfw">#PM</a> of <a href="https://twitter.com/hashtag/UK?src=hash&amp;ref_src=twsrc%5Etfw">#UK</a>. Reverse imperialism of nicest kind. First ever indian 2head a foreign govt on <a href="https://twitter.com/hashtag/Deepawali?src=hash&amp;ref_src=twsrc%5Etfw">#Deepawali</a>!!</p>
— Abhishek Singhvi (@DrAMSinghvi) <a href="https://twitter.com/DrAMSinghvi/status/1584535770299518977?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>TDP leader and former Andhra Pradesh Chief Minister N. Chandrababu Naidu posted: "Absolutely delighted that @RishiSunak is all set to become UK`s new Prime Minister! I extend my best wishes to him as he prepares to steer his country ahead as its first Indian heritage PM. This is indeed a joyous moment for Indians across the globe."&nbsp;</p>

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<p dir="ltr" lang="en">Absolutely delighted that <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a> is all set to become UK’s new Prime Minister! I extend my best wishes to him as he prepares to steer his country ahead as its first Indian heritage PM. This is indeed a joyous moment for Indians across the globe. <a href="https://t.co/EZ2z3EKfl8">pic.twitter.com/EZ2z3EKfl8</a></p>
— N Chandrababu Naidu (@ncbn) <a href="https://twitter.com/ncbn/status/1584573525909594112?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>"India scored a glorious hat trick this Diwali week! After Aman Sehrawat`s wrestling Gold and Virat Kohli's heroic knock,now it's Rishi Sunak's turn to bring glory to India! Congratulations to @RishiSunak who is set to become the first Indian-origin Prime Minister of UK", wrote Congress General Secretary K.C. Venugopal.&nbsp;</p>

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<p dir="ltr" lang="en">India scored a glorious hat trick this Diwali week! After Aman Sehrawat’s wrestling Gold and Virat Kohli’s heroic knock,now it’s Rishi Sunak’s turn to bring glory to India! Congratulations to <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a> who is set to become the first Indian-origin Prime Minister of UK. <a href="https://t.co/z2ph8V2WoO">pic.twitter.com/z2ph8V2WoO</a></p>
— K C Venugopal (@kcvenugopalmp) <a href="https://twitter.com/kcvenugopalmp/status/1584566010891227136?ref_src=twsrc%5Etfw">October 24, 2022</a></blockquote>
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<p>Congress' Karnataka unit President DK&nbsp;Shivakumar tweeted: "Congratulations to Mr. @RishiSunak on becoming the new Prime Minister of the United Kingdom.The first ever Indian-origin man to occupy the chair of PM in UK.&nbsp;</p>

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Prime Minister Narendra Modi and other leaders on Monday (October 24) congratulated Rishi Sunak after he won the contest to become the leader of Britain's Conservatives.

Prime Minister Narendra Modi and other leaders on Monday (October 24) congratulated Rishi Sunak after he won the contest to become the leader of Britain's Conservatives. Sunak is set to take over as the first Indian-descent Prime Minister of the United Kingdom. Sunak is married to an Indian, Akshata Murty, daughter of the co-founder of IT giant Infosys. PM Modi said that he looks forward to working closely together on global issues and also implementing the "Roadmap 2030". The 42-year-old Sunak is the first British Asian to become prime minister. LIVE | Sunak to be appointed UK's PM on Tuesday Taking to his official Twitter account, the Indian prime minister wrote: "Warmest congratulations @RishiSunak! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030." "Special Diwali wishes to the 'living bridge' of UK Indians, as we transform our historic ties into a modern partnership," PM Modi added. IN PICS | UK's Rishi Sunak joins Indian-origin world leaders. Here's a look at others Warmest congratulations @RishiSunak! As you become UK PM, I look forward to working closely together on global issues, and implementing Roadmap 2030. Special Diwali wishes to the 'living bridge' of UK Indians, as we transform our historic ties into a modern partnership. — Narendra Modi (@narendramodi) October 24, 2022 × Other Indian politicians also wished Sunak. Finance Minister Nirmala Sitharaman tweeted: "Congratulations and good wishes @RishiSunak on becoming UK PM." Congratulations and good wishes @RishiSunak on becoming UK PM.#Sunak — Nirmala Sitharaman (@nsitharaman) October 24, 2022 × "Great News. Indians setting their mark all over the globe. My best wishes to Mr @RishiSunak on becoming the Prime Minister of the United Kingdom. Wishing him wisdom and strength to lead the country successfully", Delhi Chief Minister Arvind Kejriwal said in a tweet. Great News. Indians setting their mark all over the globe. My best wishes to Mr @RishiSunak on becoming the Prime Minister of the United Kingdom. Wishing him wisdom and strength to lead the country successfully. https://t.co/GcbzGWbJcR — Arvind Kejriwal (@ArvindKejriwal) October 24, 2022 × "Truth is always stranger than fiction. #Sunak, only one ever 2lose #PM contest & then bcome PM in 90 days. First indian origin #PM of #UK. Reverse imperialism of nicest kind. First ever indian 2head a foreign govt on #Deepawali!!" tweeted leader Congress Abhishek Manu Singhvi. Truth is always stranger than fiction. #Sunak, only one ever 2lose #PM contest & then bcome PM in 90 days. First indian origin #PM of #UK. Reverse imperialism of nicest kind. First ever indian 2head a foreign govt on #Deepawali!! — Abhishek Singhvi (@DrAMSinghvi) October 24, 2022 × TDP leader and former Andhra Pradesh Chief Minister N. Chandrababu Naidu posted: "Absolutely delighted that @RishiSunak is all set to become UK`s new Prime Minister! I extend my best wishes to him as he prepares to steer his country ahead as its first Indian heritage PM. This is indeed a joyous moment for Indians across the globe." Absolutely delighted that @RishiSunak is all set to become UK’s new Prime Minister! I extend my best wishes to him as he prepares to steer his country ahead as its first Indian heritage PM. This is indeed a joyous moment for Indians across the globe. pic.twitter.com/EZ2z3EKfl8 — N Chandrababu Naidu (@ncbn) October 24, 2022 × "India scored a glorious hat trick this Diwali week! After Aman Sehrawat`s wrestling Gold and Virat Kohli's heroic knock,now it's Rishi Sunak's turn to bring glory to India! Congratulations to @RishiSunak who is set to become the first Indian-origin Prime Minister of UK", wrote Congress General Secretary K.C. Venugopal. India scored a glorious hat trick this Diwali week! After Aman Sehrawat’s wrestling Gold and Virat Kohli’s heroic knock,now it’s Rishi Sunak’s turn to bring glory to India! Congratulations to @RishiSunak who is set to become the first Indian-origin Prime Minister of UK. pic.twitter.com/z2ph8V2WoO — K C Venugopal (@kcvenugopalmp) October 24, 2022 × Congress' Karnataka unit President DK Shivakumar tweeted: "Congratulations to Mr. @RishiSunak on becoming the new Prime Minister of the United Kingdom.The first ever Indian-origin man to occupy the chair of PM in UK. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

'Warmest congratulations': India wishes incoming UK prime minister Rishi Sunak

The Tories are searching for their new leader after Liz Truss announced her resignation and the two main contenders for the Prime Minister are none other than Rishi Sunak and Boris Johnson who shunted out just about two months back.

UK: Race for the next Prime Minister; Rishi Sunak confirms he is running for PM

<p>Global stocks and the pound climbed Monday as markets reacted to the news that former finance minister Rishi Sunak would become Britain's new prime minister.</p>

<p>European and American equities climbed despite data showing Britain and Germany headed for recession and a plunging Hong Kong stock market as Chinese President Xi Jinping handed key economic posts to loyalists behind his zero-Covid strategy.</p>

<p>Wall Street also opened in the green on Monday, with sentiment boosted by hopes the Federal Reserve would soon slow its pace of interest rate hikes.</p>

<p><strong>Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM</strong></p>

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<p>News that European gas prices were at a four-month low also spurred traders, as the reference Dutch TTF dipped below 100 euros for the first time since June, reaching 98.60 euros per megawatt hour at around 1030 GMT on Monday.</p>

<p>All eyes were on Britain as Sunak was poised to become the country's third prime minister in less than two months following the resignations of Boris Johnson and Liz Truss.</p>

<p>His last rival for leadership of the ruling Conservative party, Penny Mordaunt, dropped out of the race on Monday, clearing the way for Sunak to become prime minister after his failed bid earlier this year.</p>

<p>"The pound started the week trading higher as many see the new potential PM as a source of some stability, particularly when compared to the chaotic term served by the Truss government which saw massive volatility across markets," noted XTB chief market analyst Walid Koudmani.</p>

<p>"Many see Sunak as the final chance for the Conservative Party as he has managed to maintain some credibility" compared with the uncertainty of the Truss and Johnson premierships, he added.</p>

<p>"Investors clearly hope Sunak will stabilise the economy and the political situation -- though it's hard to work out at this point which is the harder task," commented AJ Bell financial analyst Danni Hewson.</p>

<p>Yields on UK government bonds also dropped following recent surges in the wake of Truss's disastrous budget that led to her downfall.</p>

<p>Focus was also on the euro after new Italian Prime Minister Giorgia Meloni took office.</p>

<p>Meloni's post-fascist Brothers of Italy scored a historic victory in general elections on September 25.</p>

<p>Her new government is the most far-right in Italy since World War II, and takes power at a time of decades-high inflation and an energy crisis linked to Russia's invasion of Ukraine.</p>

<p>Milan's stock market was up 1.3 percent in early afternoon trading on Monday, mirroring strong gains in Frankfurt and Paris, while yields on Italian government bonds also fell.</p>

<p>London was up by 0.6 percent in mid-afternoon trading, but the stronger pound and falling oil and gas prices were weighing on the heavyweight energy sector, according to traders.</p>

<p>The eurozone was meanwhile looking ahead to Thursday when the European Central Bank is expected to announce another bumper rise in interest rates aimed at curbing sky-high prices.</p>

<p>On the corporate front, Dutch medical device manufacturer Philips announced it would axe 4,000 jobs after its recall of faulty sleep respirators pushed it into a loss.</p>

<p>Following the news, the group's share price dropped 0.8 percent on the Amsterdam stock exchange on Monday.</p>

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Global stocks and the pound climbed Monday as markets reacted to the news that former finance minister Rishi Sunak would become Britain's new prime minister. European and American equities climbed despite data showing Britain and Germany headed for recession and a plunging Hong Kong stock market as Chinese President Xi Jinping handed key economic posts to loyalists behind his zero-Covid strategy.

Global stocks and the pound climbed Monday as markets reacted to the news that former finance minister Rishi Sunak would become Britain's new prime minister. European and American equities climbed despite data showing Britain and Germany headed for recession and a plunging Hong Kong stock market as Chinese President Xi Jinping handed key economic posts to loyalists behind his zero-Covid strategy. Wall Street also opened in the green on Monday, with sentiment boosted by hopes the Federal Reserve would soon slow its pace of interest rate hikes. Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM × News that European gas prices were at a four-month low also spurred traders, as the reference Dutch TTF dipped below 100 euros for the first time since June, reaching 98.60 euros per megawatt hour at around 1030 GMT on Monday. All eyes were on Britain as Sunak was poised to become the country's third prime minister in less than two months following the resignations of Boris Johnson and Liz Truss. His last rival for leadership of the ruling Conservative party, Penny Mordaunt, dropped out of the race on Monday, clearing the way for Sunak to become prime minister after his failed bid earlier this year. "The pound started the week trading higher as many see the new potential PM as a source of some stability, particularly when compared to the chaotic term served by the Truss government which saw massive volatility across markets," noted XTB chief market analyst Walid Koudmani. "Many see Sunak as the final chance for the Conservative Party as he has managed to maintain some credibility" compared with the uncertainty of the Truss and Johnson premierships, he added. "Investors clearly hope Sunak will stabilise the economy and the political situation -- though it's hard to work out at this point which is the harder task," commented AJ Bell financial analyst Danni Hewson. Yields on UK government bonds also dropped following recent surges in the wake of Truss's disastrous budget that led to her downfall. Focus was also on the euro after new Italian Prime Minister Giorgia Meloni took office. Meloni's post-fascist Brothers of Italy scored a historic victory in general elections on September 25. Her new government is the most far-right in Italy since World War II, and takes power at a time of decades-high inflation and an energy crisis linked to Russia's invasion of Ukraine. Milan's stock market was up 1.3 percent in early afternoon trading on Monday, mirroring strong gains in Frankfurt and Paris, while yields on Italian government bonds also fell. London was up by 0.6 percent in mid-afternoon trading, but the stronger pound and falling oil and gas prices were weighing on the heavyweight energy sector, according to traders. The eurozone was meanwhile looking ahead to Thursday when the European Central Bank is expected to announce another bumper rise in interest rates aimed at curbing sky-high prices. On the corporate front, Dutch medical device manufacturer Philips announced it would axe 4,000 jobs after its recall of faulty sleep respirators pushed it into a loss. Following the news, the group's share price dropped 0.8 percent on the Amsterdam stock exchange on Monday. You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Stocks, pound up as Sunak to become new British PM

<p>Rishi Sunak, the incoming prime minister of UK spoke about 'profound' economic challenges in first speech he made after winning the race for prime ministerial office. In a speech that lasted less than 2 minutes, Sunak said that he will serve the British people with 'humility' and 'integrity'.</p>

<p>Sunak has challenges ahead of him. He will take charge when Britain just appears to recover from historic political and economic chaos.</p>

<p>His predecessor and current PM in caretaker role, Liz Truss, presided not too long ago on great economic turmoil caused due to her plans. The pound reached historic low against the dollar.</p>

<p><strong>Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM</strong></p>

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<p>As Sunak's bid appeared to gain momentum on Monday, pound showed signs of recovery.</p>

<p>However, business activity isn't showing encouraging signs. CNN quoted S&amp;P Global which opined that the data effectively shows that the UK is in recession.</p>

<p>Road to prime ministerial office was clear for Sunak after Penny Mordaunt, his opponent for the top job from the Conservative Party quit the race. She made the decision just minutes before the party was about to announce which candidate got support from how many MPs.</p>

<p><strong>Also Read | <a href="https://www.wionews.com/world/rishi-sunak-becomes-uk-pm-first-of-indian-heritage-527999">Rishi Sunak set to become UK PM, first of Indian heritage</a></strong></p>

<p>"I am humbled and honoured to have the support of my parliamentary colleagues, and to be elected as leader of the Conservative and Unionist Party. It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much to," said Sunak in his speech</p>

<p>He speech barely qualified as one as it lasted for less than 2 minutes. At the very outset, Sunak paid 'tribute' to Liz Truss who is said led with "dignity and grace" under "exceptionally difficult circumstances"</p>

<p>"We now need stability and unity, and I will make it my utmost priority to bring our party and our country together, because that is the only way we will overcome the challenges we face and build a better more prosperous future for our children, and our grandchildren," said Sunak towards the end.</p>

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Rishi Sunak, the incoming prime minister of UK spoke about 'profound' economic challenges in first speech he made after winning the race for prime ministerial office.

Rishi Sunak, the incoming prime minister of UK spoke about 'profound' economic challenges in first speech he made after winning the race for prime ministerial office. In a speech that lasted less than 2 minutes, Sunak said that he will serve the British people with 'humility' and 'integrity'. Sunak has challenges ahead of him. He will take charge when Britain just appears to recover from historic political and economic chaos. His predecessor and current PM in caretaker role, Liz Truss, presided not too long ago on great economic turmoil caused due to her plans. The pound reached historic low against the dollar. Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM × As Sunak's bid appeared to gain momentum on Monday, pound showed signs of recovery. However, business activity isn't showing encouraging signs. CNN quoted S&P Global which opined that the data effectively shows that the UK is in recession. Road to prime ministerial office was clear for Sunak after Penny Mordaunt, his opponent for the top job from the Conservative Party quit the race. She made the decision just minutes before the party was about to announce which candidate got support from how many MPs. Also Read | Rishi Sunak set to become UK PM, first of Indian heritage "I am humbled and honoured to have the support of my parliamentary colleagues, and to be elected as leader of the Conservative and Unionist Party. It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much to," said Sunak in his speech He speech barely qualified as one as it lasted for less than 2 minutes. At the very outset, Sunak paid 'tribute' to Liz Truss who is said led with "dignity and grace" under "exceptionally difficult circumstances" "We now need stability and unity, and I will make it my utmost priority to bring our party and our country together, because that is the only way we will overcome the challenges we face and build a better more prosperous future for our children, and our grandchildren," said Sunak towards the end. You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Incoming UK PM Rishi Sunak talks of 'profound' economic challenges in first speech 

<p>Rishi Sunak has won the race to become&nbsp;new prime minister of United Kingdom. This is a historic development as the former chancellor of the exchequer will become&nbsp;UK's first-ever prime minister of Indian heritage. This fact becomes even more notable as in past,&nbsp;Britain colonised India for centuries. Sunak&nbsp;trumped his Conservative Party colleague Penny Mordaunt as he fought&nbsp;his way to the iconic 10, Downing Street.&nbsp;Sunak was a heavy favourite since former UK PM Liz Truss quit after the disastrous after-effects of her economic measures. Sunak commanded considerable support even when the race was on to succeed former UK prime minister Boris Johnson.</p>

<p>This time around, Sunak easily crossed the threshold of support from 100 Conservative Party MPs. He&nbsp;got support from twice the number while Penny Mordaunt struggled to cross the minimum tally.</p>

<p><strong>Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM</strong></p>

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<p>Penny Mordaunt, who was holding fort even when it was increasingly clear that Sunak would win, pulled out from the race to become PM just minutes before Conservative Party was making official announcement at 1400 BST (6:30 IST). She announced her decision on Twitter.</p>

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<p>The contest for the prime ministerial office started when former PM Liz Truss stepped down on October 20 after just six weeks in office. Her resignation came after her disastrous economic measures created turmoil in markets and caused value of theh British Pound to nosedive against the US Dollar.</p>

<p><strong>Also Read | <a href="https://www.wionews.com/world/incoming-uk-pm-rishi-sunak-talks-of-profound-economic-challenges-in-first-speech-528035">Incoming UK PM Rishi Sunak talks of 'profound' economic challenges in first speech</a>&nbsp;</strong><br />
&nbsp;</p>

<p>Though it's a time to celebrate for Sunak, the road ahead for him is likely to be turbulent due to issues UK faces currently. Sunak may also go on backfoot as his political opponents quetion the US Green Card which he held till recently. The tax troubles of his wife Akshata are also likely to catch him off-guard.</p>

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Rishi Sunak has won the race to become new prime minister of United Kingdom. This is a historic development as the former chancellor of the exchequer will become UK's first-ever prime minister of Indian heritage.

Rishi Sunak has won the race to become new prime minister of United Kingdom. This is a historic development as the former chancellor of the exchequer will become UK's first-ever prime minister of Indian heritage. This fact becomes even more notable as in past, Britain colonised India for centuries. Sunak trumped his Conservative Party colleague Penny Mordaunt as he fought his way to the iconic 10, Downing Street. Sunak was a heavy favourite since former UK PM Liz Truss quit after the disastrous after-effects of her economic measures. Sunak commanded considerable support even when the race was on to succeed former UK prime minister Boris Johnson. This time around, Sunak easily crossed the threshold of support from 100 Conservative Party MPs. He got support from twice the number while Penny Mordaunt struggled to cross the minimum tally. Watch | UK: Penny Mordaunt backs out, Rishi Sunak to be the next UK PM × Penny Mordaunt, who was holding fort even when it was increasingly clear that Sunak would win, pulled out from the race to become PM just minutes before Conservative Party was making official announcement at 1400 BST (6:30 IST). She announced her decision on Twitter. pic.twitter.com/w76rEvJdyQ — Penny Mordaunt (@PennyMordaunt) October 24, 2022 × The contest for the prime ministerial office started when former PM Liz Truss stepped down on October 20 after just six weeks in office. Her resignation came after her disastrous economic measures created turmoil in markets and caused value of theh British Pound to nosedive against the US Dollar. Also Read | Incoming UK PM Rishi Sunak talks of 'profound' economic challenges in first speech Though it's a time to celebrate for Sunak, the road ahead for him is likely to be turbulent due to issues UK faces currently. Sunak may also go on backfoot as his political opponents quetion the US Green Card which he held till recently. The tax troubles of his wife Akshata are also likely to catch him off-guard. You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Rishi Sunak set to become UK PM, first of Indian heritage

<p>Rishi Sunak and Boris Johnson met each other on Saturday. A day later, the former UK Prime Minister ruled himself out of the race to be the next PM, suggesting the two Tory leaders had reached an agreement in the meeting. In other news,&nbsp;data showed China's GDP grew by 3.9 per cent compared to the same period, a year ago.</p>

<p><strong>Click here to read more:&nbsp;&nbsp;</strong></p>

<p><a href="https://www.wionews.com/world/rishi-sunak-on-course-to-become-next-uk-pm-as-boris-johnson-pulls-out-of-race-527856"><strong>Rishi Sunak on course to become next UK PM as Boris Johnson pulls out of race</strong></a></p>

<p>Rishi Sunak seems all set to become the next British prime minister with the former finance minister gaining the support of several top leaders in the Conservative Party. Sunak’s bid was further strengthened on Sunday as former PM Boris Johnson ruled himself out of the leadership race.</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/24/305780-00032ly9xa.jpg" /></p>

<p><a href="https://www.wionews.com/world/russia-warns-of-uncontrolled-escalation-after-fresh-bout-of-missile-drone-strikes-on-ukraine-527857"><strong>Russia warns of 'uncontrolled escalation' after fresh bout of missile, drone strikes on Ukraine</strong></a></p>

<p>After being pushed back by the Ukrainian troops for the better part of the last few weeks, Russia is gearing up for a comeback. Reportedly, Moscow on Sunday bombarded missiles and drones in the southern Ukrainian municipality of Mykolaiv, per a report by Reuters, destroying numerous apartment blocks in the process.&nbsp;</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/10/302552-russian-missile-strikes.png" /></p>

<p><strong><a href="https://www.wionews.com/world/china-reports-39-gdp-growth-in-q3-up-from-the-04-recorded-in-q2-527867">China reports 3.9% GDP growth in Q3, up from the 0.4% recorded in Q2</a></strong></p>

<p>A day after the Communist Party of China (CPC) Congress ended with Xi Jinping securing a third term in the office, Beijing released its&nbsp;third-quarter gross domestic product figures. The data showed China's GDP grew by 3.9 per cent compared to the same period, a year ago.</p>

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<p><a href="https://www.wionews.com/world/macron-to-hold-talks-with-italy-pm-meloni-presidency-527852"><strong>Macron to hold talks with Italy PM Meloni: Presidency</strong></a></p>

<p>The French presidency said on Sunday (October 23) that French President Emmanuel Macron will meet Italy's new Prime Minister Giorgia Meloni later in the day. Macron is currently on an official visit to Italy.</p>

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<p><a href="https://www.wionews.com/videos/china-what-will-be-xi-jinpings-challenges-in-historic-third-term-latest-news-wion-527860"><strong>WATCH |&nbsp;China: What will be Xi Jinping's challenges in historic third term?</strong></a></p>

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Rishi Sunak and Boris Johnson met each other on Saturday. A day later, the former UK Prime Minister ruled himself out of the race to be the next PM, suggesting the two Tory leaders had reached an agreement in the meeting.

Rishi Sunak and Boris Johnson met each other on Saturday. A day later, the former UK Prime Minister ruled himself out of the race to be the next PM, suggesting the two Tory leaders had reached an agreement in the meeting. In other news, data showed China's GDP grew by 3.9 per cent compared to the same period, a year ago. Click here to read more: Rishi Sunak on course to become next UK PM as Boris Johnson pulls out of race Rishi Sunak seems all set to become the next British prime minister with the former finance minister gaining the support of several top leaders in the Conservative Party. Sunak’s bid was further strengthened on Sunday as former PM Boris Johnson ruled himself out of the leadership race. Russia warns of 'uncontrolled escalation' after fresh bout of missile, drone strikes on Ukraine After being pushed back by the Ukrainian troops for the better part of the last few weeks, Russia is gearing up for a comeback. Reportedly, Moscow on Sunday bombarded missiles and drones in the southern Ukrainian municipality of Mykolaiv, per a report by Reuters, destroying numerous apartment blocks in the process. China reports 3.9% GDP growth in Q3, up from the 0.4% recorded in Q2 A day after the Communist Party of China (CPC) Congress ended with Xi Jinping securing a third term in the office, Beijing released its third-quarter gross domestic product figures. The data showed China's GDP grew by 3.9 per cent compared to the same period, a year ago. Macron to hold talks with Italy PM Meloni: Presidency The French presidency said on Sunday (October 23) that French President Emmanuel Macron will meet Italy's new Prime Minister Giorgia Meloni later in the day. Macron is currently on an official visit to Italy. WATCH | China: What will be Xi Jinping's challenges in historic third term? ×

Morning news brief: Rishi Sunak leads the PM race, China's Q3 GDP figures released and more

<p>Rishi Sunak seems all set to become the next British prime minister with the former finance minister gaining the support of several top leaders in the Conservative Party. Sunak’s bid was further strengthened on Sunday as former PM Boris Johnson ruled himself out of the leadership race.</p>

<p>Since Liz Truss resigned from the post following a torrid tenure, Johnson was being considered to be a tough opposition for Sunak in the race. However, the former Prime Minister decided to never launch his campaign stating that it was “simply not the right thing to do” and “not the right time”.</p>

<p>While 60 Conservative Party leaders publicly stated their support for Johnson to return to office, he claimed that he had the backing of 102 – enough to secure the mandate in the race.</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/world/uk-politics-former-finance-minister-rishi-sunak-formally-announced-candidacy-to-be-pm-527749" hreflang="en">UK politics: Rishi Sunak formally announces candidacy for PM, says ‘want to fix economy’</a></p>

<p>&nbsp;“There is a very good chance that I would be successful in the election with Conservative party members, and that I could indeed be back in Downing Street on Friday.”</p>

<p>“But in the course of the last days I have sadly come to the conclusion that this would simply not be the right thing to do. You can’t govern effectively unless you have a united party in parliament.</p>

<p>“And though I have reached out to both Rishi and Penny – because I hoped that we could come together in the national interest – we have sadly not been able to work out a way of doing this.</p>

<p>“Therefore, I am afraid the best thing is that I do not allow my nomination to go forward and commit my support to whoever succeeds. I believe I have much to offer, but I am afraid that this is simply not the right time,” Johnson said in his official statement on Sunday.</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/world/salman-rushdie-attack-the-satanic-verses-author-lost-sight-in-one-eye-and-use-of-one-hand-527827" hreflang="en">Salman Rushdie attack: 'The Satanic Verses' author has lost sight in an eye, use of one hand</a></p>

<p>Meanwhile, Sunak continued to bolster his support base with Kemi Badenoch, Suella Braverman, current finance minister Jeremy Hunt and the home secretary Grant Shapps all announced their support for the Indian-origin politician. He was even supported by long-time critic Nadhim Zahawi.</p>

<p>With 100 votes needed to secure a victory, Sunak currently has around 165 supporters.</p>

<p>At present, Penny Mordaunt remains the only competition for Sunak in the leadership race, but the Leader of the House of Commons has only 30 leaders backing her in the competition.</p>

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Rishi Sunak seems all set to become the next British prime minister with the former finance minister gaining the support of several top leaders in the Conservative Party.

Rishi Sunak seems all set to become the next British prime minister with the former finance minister gaining the support of several top leaders in the Conservative Party. Sunak’s bid was further strengthened on Sunday as former PM Boris Johnson ruled himself out of the leadership race. Since Liz Truss resigned from the post following a torrid tenure, Johnson was being considered to be a tough opposition for Sunak in the race. However, the former Prime Minister decided to never launch his campaign stating that it was “simply not the right thing to do” and “not the right time”. While 60 Conservative Party leaders publicly stated their support for Johnson to return to office, he claimed that he had the backing of 102 – enough to secure the mandate in the race. Also read | UK politics: Rishi Sunak formally announces candidacy for PM, says ‘want to fix economy’ “There is a very good chance that I would be successful in the election with Conservative party members, and that I could indeed be back in Downing Street on Friday.” “But in the course of the last days I have sadly come to the conclusion that this would simply not be the right thing to do. You can’t govern effectively unless you have a united party in parliament. “And though I have reached out to both Rishi and Penny – because I hoped that we could come together in the national interest – we have sadly not been able to work out a way of doing this. “Therefore, I am afraid the best thing is that I do not allow my nomination to go forward and commit my support to whoever succeeds. I believe I have much to offer, but I am afraid that this is simply not the right time,” Johnson said in his official statement on Sunday. Also read | Salman Rushdie attack: 'The Satanic Verses' author has lost sight in an eye, use of one hand Meanwhile, Sunak continued to bolster his support base with Kemi Badenoch, Suella Braverman, current finance minister Jeremy Hunt and the home secretary Grant Shapps all announced their support for the Indian-origin politician. He was even supported by long-time critic Nadhim Zahawi. With 100 votes needed to secure a victory, Sunak currently has around 165 supporters. At present, Penny Mordaunt remains the only competition for Sunak in the leadership race, but the Leader of the House of Commons has only 30 leaders backing her in the competition.

Rishi Sunak on course to become next UK PM as Boris Johnson pulls out of race

<p>British politician Rishi Sunak was Monday (October 24) elected Conservative leader and will become the next prime minister, after rival Penny Mordaunt failed to secure the necessary 100 nominations from her fellow MPs.&nbsp;</p>

<p>"Rishi Sunak is therefore elected as leader of the Conservative Party," senior backbencher Graham Brady said, as Mordaunt vowed her "full support" for the former finance minister.&nbsp;</p>

<p>Sunak earned praises for shoring up the economy during the coronavirus (COVID-19) pandemic. But his refusal initially to authorise more support over a surging cost-of-living crisis has hurt his popularity.&nbsp;</p>

<p><strong>IN PICS | <a href="https://www.wionews.com/photos/in-pics-indian-origin-world-leaders-occupying-significant-positions-498639">UK's Rishi Sunak joins Indian-origin world leaders. Here's a look at others</a>&nbsp;</strong></p>

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<p><strong>Who is Rishi Sunak?&nbsp;</strong></p>

<p>He is the son-in-law of Infosys co-founder Narayan Murthy, Rishi Sunak was elected as Conservative MP for Richmond (Yorks) in May 2015, which marked his entry into politics.&nbsp;</p>

<p>He voted in favour of Theresa May's Brexit withdrawal agreement thrice and after she resigned, Sunak was a supporter of Boris Johnson's campaign to become Conservative leader.&nbsp;</p>

<p>Prior to joining politics, Rishi Sunak worked as an analyst for a leading investment bank from 2001-2004. He also co-founded a large investment firm, working with companies from Silicon Valley to Bangalore.&nbsp;</p>

<p><em>(with inputs from agencies)</em></p>

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British politician Rishi Sunak was Monday (October 24) elected Conservative leader and will become the next prime minister, after rival Penny Mordaunt failed to secure the necessary 100 nominations from her fellow MPs.

British politician Rishi Sunak was Monday (October 24) elected Conservative leader and will become the next prime minister, after rival Penny Mordaunt failed to secure the necessary 100 nominations from her fellow MPs. "Rishi Sunak is therefore elected as leader of the Conservative Party," senior backbencher Graham Brady said, as Mordaunt vowed her "full support" for the former finance minister. Sunak earned praises for shoring up the economy during the coronavirus (COVID-19) pandemic. But his refusal initially to authorise more support over a surging cost-of-living crisis has hurt his popularity. IN PICS | UK's Rishi Sunak joins Indian-origin world leaders. Here's a look at others × Who is Rishi Sunak? He is the son-in-law of Infosys co-founder Narayan Murthy, Rishi Sunak was elected as Conservative MP for Richmond (Yorks) in May 2015, which marked his entry into politics. He voted in favour of Theresa May's Brexit withdrawal agreement thrice and after she resigned, Sunak was a supporter of Boris Johnson's campaign to become Conservative leader. Prior to joining politics, Rishi Sunak worked as an analyst for a leading investment bank from 2001-2004. He also co-founded a large investment firm, working with companies from Silicon Valley to Bangalore. (with inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Who is Rishi Sunak? The Indian-origin British MP who is set to become the next PM of UK

UK's Rishi Sunak joins Indian-origin world leaders. Here's a look at others

<p>After a vacation in the Caribbean, former prime minister Boris Johnson flew back to the UK on Saturday with the intention of making a bold political comeback, while Conservative competitor Rishi Sunak passed the electoral threshold to run for the position of UK prime minister.&nbsp;</p>

<p>Allies told British media that Johnson was "up for it" and that he had cut short a luxurious vacation in the Dominican Republic to enter the contest to succeed departing leader Liz Truss, which appeared to be between three candidates.</p>

<p>The divisive 58-year-old architect of Brexit only stepped down from office in early September, two months after declaring it in the wake of a Tory uprising over a number of scandals.</p>

<p><strong>Also read |&nbsp;</strong><a href="https://www.wionews.com/world/a-44-day-stint-as-pm-putting-uk-economy-into-turmoil-entitles-liz-truss-to-129000-a-year-527584">A 44-day stint as PM, putting UK economy into turmoil, entitle Liz Truss to $129,000 a year</a></p>

<p>Opposition politicians and even some members of his own split ruling party have already criticised his apparent attempt to run for office again just a few weeks later. They are calling for stability and togetherness.</p>

<p>"It is simply not right to risk repeating the chaos (and) confusion of the last year," said David Frost, a right-wing formerly loyal minister appointed to the House of Lords by Johnson.</p>

<p>"We must move on," he urged the Tories, adding they "must get behind a capable leader who can deliver a Conservative programme" who he identified as <a href="https://www.wionews.com/world/uk-rishi-sunak-takes-an-early-lead-in-pm-race-with-backing-of-over-100-mps-527560">ex-finance minister Sunak</a>.</p>

<p>Frost's remarks are reminiscent to those made by Johnson's deputy prime minister, Dominic Raab, who told Sky News that an upcoming parliamentary investigation into the "Partygate" affair that hounded his former boss would prove to be too distracting.</p>

<p>Sunak's parliamentary friends disclosed late Friday that he has obtained the 100 Conservative MP nominations required to run for office.</p>

<p>Despite rumours that Sunak was about to declare his candidacy, Johnson has also yet to confirm his candidacy.</p>

<p><em>(With inputs from agencies)</em></p>

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After a vacation in the Caribbean, former prime minister Boris Johnson flew back to the UK on Saturday with the intention of making a bold political comeback, while Conservative competitor Rishi Sunak passed the electoral threshold to run for the position of UK prime minister.

After a vacation in the Caribbean, former prime minister Boris Johnson flew back to the UK on Saturday with the intention of making a bold political comeback, while Conservative competitor Rishi Sunak passed the electoral threshold to run for the position of UK prime minister. Allies told British media that Johnson was "up for it" and that he had cut short a luxurious vacation in the Dominican Republic to enter the contest to succeed departing leader Liz Truss, which appeared to be between three candidates. The divisive 58-year-old architect of Brexit only stepped down from office in early September, two months after declaring it in the wake of a Tory uprising over a number of scandals. Also read | A 44-day stint as PM, putting UK economy into turmoil, entitle Liz Truss to $129,000 a year Opposition politicians and even some members of his own split ruling party have already criticised his apparent attempt to run for office again just a few weeks later. They are calling for stability and togetherness. "It is simply not right to risk repeating the chaos (and) confusion of the last year," said David Frost, a right-wing formerly loyal minister appointed to the House of Lords by Johnson. "We must move on," he urged the Tories, adding they "must get behind a capable leader who can deliver a Conservative programme" who he identified as ex-finance minister Sunak. Frost's remarks are reminiscent to those made by Johnson's deputy prime minister, Dominic Raab, who told Sky News that an upcoming parliamentary investigation into the "Partygate" affair that hounded his former boss would prove to be too distracting. Sunak's parliamentary friends disclosed late Friday that he has obtained the 100 Conservative MP nominations required to run for office. Despite rumours that Sunak was about to declare his candidacy, Johnson has also yet to confirm his candidacy. (With inputs from agencies) WATCH WION LIVE HERE:

Johnson back in UK as Sunak qualifies for PM race

Rishi Sunak, the current favorite to replace Liz Truss, clears threshold of 100 MP support

<p>British Conservative Rishi Sunak formally announced on Sunday (October 23) that he is seeking to succeed outgoing Prime Minister Liz Truss. This is his second bid in months to lead the UK as the nation faces multiple crises.&nbsp;</p>

<p>Announcing his second bid to become the next Conservative leader and prime minister, six weeks after Liz Truss beat him to the top job,&nbsp;Sunak tweeted: "The United Kingdom is a great country but we face a profound economic crisis." The former finance minister confirmed his candidacy, adding: "I want to fix our economy, unite our party and deliver for our country".&nbsp;</p>

<p>“There will be integrity, professionalism and accountability at every level of the government I lead and I will work day in and day out to get the job done,” Sunak said in a statement</p>

<p>The former chancellor has put himself forward for the second time in a matter of months after the extraordinary resignation of Truss on Thursday, just&nbsp;44 days into her premiership.&nbsp;<br />
<br />
<strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/anti-brexit-protesters-march-through-central-london-should-britain-rejoin-the-eu-527660">Anti-Brexit protesters march through central London. Should Britain rejoin the EU?</a>&nbsp;</strong></p>

<p>Sunak is storming ahead in the contest with the backing of enough Tory MPs and if he does manage to win the contest, it would mark a huge turnaround for the MP for Richmond, North Yorks.&nbsp;</p>

<p>Pitted against Truss, he was castigated by Tory MPs for being too gloomy after he warned that Liz’s promises of monster tax cuts would tank the economy and send mortgage costs soaring.</p>

<p>Besides, voters had railed against his mega wealth, as his wife is a billionaire, said to be richer than the King.&nbsp;</p>

<p>UK Home Secretary Grant Shapps has backed Sunak in the contest. Taking to his official Twitter account,&nbsp;Shapps said, "We need someone who can provide stability and proven economic competence in these challenging times, and @RishiSunak is that person."</p>

<p>"That's why I'm backing him in the Conservative leadership contest," Shapps added.&nbsp;</p>

<p>Britain's former interior minister&nbsp;Suella&nbsp;Braverman also supported Sunak. In a column, titled "Rishi Sunak is the only candidate that fits the bill for prime minister", to The Telegraph,&nbsp;Braverman wrote: "I have backed Boris from the start... But we are in dire straits now. We need unity, stability and efficiency."&nbsp;</p>

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<p dir="ltr" lang="en">The United Kingdom is a great country but we face a profound economic crisis.<br />
<br />
That’s why I am standing to be Leader of the Conservative Party and your next Prime Minister.<br />
<br />
I want to fix our economy, unite our Party and deliver for our country. <a href="https://t.co/BppG9CytAK">pic.twitter.com/BppG9CytAK</a></p>
— Rishi Sunak (@RishiSunak) <a href="https://twitter.com/RishiSunak/status/1584114970723512321?ref_src=twsrc%5Etfw">October 23, 2022</a></blockquote>
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<p dir="ltr" lang="en">We need someone who can provide stability and proven economic competence in these challenging times, and <a href="https://twitter.com/RishiSunak?ref_src=twsrc%5Etfw">@RishiSunak</a> is that person. That's why I'm backing him in the Conservative leadership contest</p>
— Rt Hon Grant Shapps MP (@grantshapps) <a href="https://twitter.com/grantshapps/status/1584127509997981696?ref_src=twsrc%5Etfw">October 23, 2022</a></blockquote>
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<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/boris-johnsons-return-as-pm-will-sound-death-knell-of-conservatives-members-527693">Boris Johnson’s return as PM will sound death knell for Conservatives: Members</a>&nbsp;</strong></p>

<p>After cabinet member Penny Mordaunt announced her candidacy for the position on Friday, Sunak is the second Conservative MP to announce a bid for the top position.&nbsp;</p>

<p>Meanwhile, Boris Johnson is also expected to participate in the race, which might last a week. Johnson cut short his Caribbean vacation on Saturday in order to fly back to Britain and make a political comeback less than two months after leaving power.&nbsp;</p>

<p>Ahead of the deadline on Monday, Boris is reportedly working hard to gather the 100 nominations needed to put them to a vote among Conservative MPs.&nbsp;</p>

<p><strong>WATCH |&nbsp;UK: Rishi Sunak, Boris Johnson yet to declare candidature for PM post&nbsp;</strong></p>

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<p>According to the rules, the prime minister will be chosen if only one candidate receives the required 100 legislative votes. If more than one passes the test, the Conservative Party's around 170,000 registered members will vote, with the winner being announced on Friday.&nbsp;</p>

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British Conservative Rishi Sunak formally announced on Sunday (October 23) that he is seeking to succeed outgoing Prime Minister Liz Truss. This is his second bid in months to lead the UK as the nation faces multiple crises.

British Conservative Rishi Sunak formally announced on Sunday (October 23) that he is seeking to succeed outgoing Prime Minister Liz Truss. This is his second bid in months to lead the UK as the nation faces multiple crises. Announcing his second bid to become the next Conservative leader and prime minister, six weeks after Liz Truss beat him to the top job, Sunak tweeted: "The United Kingdom is a great country but we face a profound economic crisis." The former finance minister confirmed his candidacy, adding: "I want to fix our economy, unite our party and deliver for our country". “There will be integrity, professionalism and accountability at every level of the government I lead and I will work day in and day out to get the job done,” Sunak said in a statement The former chancellor has put himself forward for the second time in a matter of months after the extraordinary resignation of Truss on Thursday, just 44 days into her premiership. ALSO READ | Anti-Brexit protesters march through central London. Should Britain rejoin the EU? Sunak is storming ahead in the contest with the backing of enough Tory MPs and if he does manage to win the contest, it would mark a huge turnaround for the MP for Richmond, North Yorks. Pitted against Truss, he was castigated by Tory MPs for being too gloomy after he warned that Liz’s promises of monster tax cuts would tank the economy and send mortgage costs soaring. Besides, voters had railed against his mega wealth, as his wife is a billionaire, said to be richer than the King. UK Home Secretary Grant Shapps has backed Sunak in the contest. Taking to his official Twitter account, Shapps said, "We need someone who can provide stability and proven economic competence in these challenging times, and @RishiSunak is that person." "That's why I'm backing him in the Conservative leadership contest," Shapps added. Britain's former interior minister Suella Braverman also supported Sunak. In a column, titled "Rishi Sunak is the only candidate that fits the bill for prime minister", to The Telegraph, Braverman wrote: "I have backed Boris from the start... But we are in dire straits now. We need unity, stability and efficiency." The United Kingdom is a great country but we face a profound economic crisis. That’s why I am standing to be Leader of the Conservative Party and your next Prime Minister. I want to fix our economy, unite our Party and deliver for our country. pic.twitter.com/BppG9CytAK — Rishi Sunak (@RishiSunak) October 23, 2022 × We need someone who can provide stability and proven economic competence in these challenging times, and @RishiSunak is that person. That's why I'm backing him in the Conservative leadership contest — Rt Hon Grant Shapps MP (@grantshapps) October 23, 2022 × ALSO READ | Boris Johnson’s return as PM will sound death knell for Conservatives: Members After cabinet member Penny Mordaunt announced her candidacy for the position on Friday, Sunak is the second Conservative MP to announce a bid for the top position. Meanwhile, Boris Johnson is also expected to participate in the race, which might last a week. Johnson cut short his Caribbean vacation on Saturday in order to fly back to Britain and make a political comeback less than two months after leaving power. Ahead of the deadline on Monday, Boris is reportedly working hard to gather the 100 nominations needed to put them to a vote among Conservative MPs. WATCH | UK: Rishi Sunak, Boris Johnson yet to declare candidature for PM post × According to the rules, the prime minister will be chosen if only one candidate receives the required 100 legislative votes. If more than one passes the test, the Conservative Party's around 170,000 registered members will vote, with the winner being announced on Friday. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

UK politics: Rishi Sunak formally announces candidacy for PM, says ‘want to fix economy’

<p>One of the high-profile casualties in the aftermath of the 20th CPC Congress has been&nbsp;Chen Quanguo who has been removed from the party's Central Committee. Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. In other news, ahead of the November midterm elections, the Republican National Committee (RNC) has sued Alphabet Inc’s Google claiming that their campaign emails are being routed to the user’s spam folders.&nbsp;</p>

<p><strong>Click in headlines to read more:&nbsp;</strong></p>

<p><a href="https://www.wionews.com/world/cheng-quanguo-architect-of-the-uyghur-genocide-ousted-from-chinas-top-leadership-body-527672"><strong>Cheng Quanguo, architect of the 'Uyghur genocide' ousted from China’s top leadership body</strong></a></p>

<p>Chen Quanguo, the former party secretary of Tibet and Xinjiang Uyghur Autonomous Region has been shown the door by Xi Jinping after the 20th Communist Party of China (CPC) Congress that closed on Saturday. Reportedly, Chen's name is missing from the newly elected Central Committee, which is regarded as China's top leadership body.</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/23/305612-copy-of-untitled.png" /></p>

<p><a href="https://www.wionews.com/world/uks-johnson-sunak-meet-for-talks-amid-battle-for-tory-leadership-527664"><strong>UK's Johnson, Sunak meet for talks amid battle for Tory leadership</strong></a></p>

<p>Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. The two formerly led Britain's government.</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/23/305608-congresss-first-non-gandhi-president-in-24-years-1.png" /></p>

<p><a href="https://www.wionews.com/world/republican-committee-sues-google-claiming-campaign-mails-being-sent-to-spam-folders-527674"><strong>Republican committee sues Google claiming campaign mails being sent to spam folders</strong></a></p>

<p>Ahead of the November midterm elections, the Republican National Committee (RNC) has sued Alphabet Inc’s Google claiming that their campaign emails are being routed to the user’s spam folders—a charge the tech firm denies.</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/23/305613-mai.jpg" /></p>

<p><a href="https://www.wionews.com/india-news/isros-heaviest-rocket-successfully-places-36-oneweb-satellites-into-orbits-527670"><strong>ISRO's heaviest rocket successfully places 36 OneWeb satellites into orbits</strong></a></p>

<p>In order to solidify its position in the worldwide market for commercial satellite launches, India's space agency Indian Space Research Organisation (ISRO) launched 36 satellites using its biggest rocket just after midnight on Sunday. The rocket successfully places 36 OneWeb satellites into orbits, as confirmed by ISRO.&nbsp;</p>

<p><img src="https://cdn.wionews.com/sites/default/files/styles/story_page/public/2022/10/23/305611-1666465000isro.jpg" /></p>

<p><a href="https://www.wionews.com/videos/russia-ukraine-war-darkness-engulfs-ukrainian-cities-over-a-million-household-without-power-527649"><strong>WATCH |&nbsp;Russia-Ukraine War: Darkness engulfs Ukrainian cities, over a million household without power</strong></a></p>

<p>As the Ukrainian capital, Kyiv, braces power blackouts after Russia reigned missiles in the country's electricity infrastructure, patients and staff or a hospital in Kiev have been putting on a brave face despite the situation.</p>

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One of the high-profile casualties in the aftermath of the 20th CPC Congress has been Chen Quanguo who has been removed from the party's Central Committee. Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports.

One of the high-profile casualties in the aftermath of the 20th CPC Congress has been Chen Quanguo who has been removed from the party's Central Committee. Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. In other news, ahead of the November midterm elections, the Republican National Committee (RNC) has sued Alphabet Inc’s Google claiming that their campaign emails are being routed to the user’s spam folders. Click in headlines to read more: Cheng Quanguo, architect of the 'Uyghur genocide' ousted from China’s top leadership body Chen Quanguo, the former party secretary of Tibet and Xinjiang Uyghur Autonomous Region has been shown the door by Xi Jinping after the 20th Communist Party of China (CPC) Congress that closed on Saturday. Reportedly, Chen's name is missing from the newly elected Central Committee, which is regarded as China's top leadership body. UK's Johnson, Sunak meet for talks amid battle for Tory leadership Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. The two formerly led Britain's government. Republican committee sues Google claiming campaign mails being sent to spam folders Ahead of the November midterm elections, the Republican National Committee (RNC) has sued Alphabet Inc’s Google claiming that their campaign emails are being routed to the user’s spam folders—a charge the tech firm denies. ISRO's heaviest rocket successfully places 36 OneWeb satellites into orbits In order to solidify its position in the worldwide market for commercial satellite launches, India's space agency Indian Space Research Organisation (ISRO) launched 36 satellites using its biggest rocket just after midnight on Sunday. The rocket successfully places 36 OneWeb satellites into orbits, as confirmed by ISRO. WATCH | Russia-Ukraine War: Darkness engulfs Ukrainian cities, over a million household without power As the Ukrainian capital, Kyiv, braces power blackouts after Russia reigned missiles in the country's electricity infrastructure, patients and staff or a hospital in Kiev have been putting on a brave face despite the situation. ×

Morning news brief: Republicans sue Google, Johnson & Sunak meet for talks and more

<p>Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. The two formerly led Britain's government.</p>

<p>According to the BBC and other news sources, former prime minister Johnson met with ex-finance minister Sunak to discuss the election after returning from a Caribbean vacation earlier in the day with the intention of making a daring political comeback barely weeks after leaving office.</p>

<p>Both have not yet made it known that they intend to run to succeed departing leader Liz Truss, who announced Thursday that she will step down after serving for only 44 turbulent days.</p>

<p><strong>Also read |</strong>&nbsp;<a href="https://www.wionews.com/world/uk-rishi-sunak-takes-an-early-lead-in-pm-race-with-backing-of-over-100-mps-527560">UK: Rishi Sunak takes an early lead in PM race, gets backing of over 100 MPs</a></p>

<p>It is believed to be their first in-person talks in months following a dramatic falling out after Sunak's resignation in July, which contributed to the government uprising that finally led to Johnson's removal.</p>

<p>There aren't many facts available concerning the "secret summit" that The Sun and the Sunday Times claimed was going on at almost 10:00 p.m. (2100 GMT). To prevent a Tory "civil war," they were reportedly going to talk about "agreeing to a joint ticket."</p>

<p><strong>Also read |</strong>&nbsp;<a href="https://www.wionews.com/world/a-44-day-stint-as-pm-putting-uk-economy-into-turmoil-entitles-liz-truss-to-129000-a-year-527584">A 44-day stint as PM, putting UK economy into turmoil, entitle Liz Truss to $129,000 a year</a></p>

<p>That improbable scenario is taking place as Sunak, a 42-year-old Conservative MP, quickly surpasses the party's minimum need of 100 nominations to run for the position of UK leader.</p>

<p>128 Tory legislators have publicly endorsed him, compared to 53 for Johnson and 23 for cabinet member Penny Mordaunt, who was the first to officially announce on Friday.</p>

<p>Despite pals stating he was "up for it," Johnson cut short a luxurious vacation to the Dominican Republic to take part in the apparent three-way fight.</p>

<p>Two months after announcing his departure due to a cabinet uprising over a number of scandals, the contentious 58-year-old architect of Brexit only handed over control in the first few days of September.</p>

<p><em>(With inputs from agencies)</em></p>

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Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports.

Rishi Sunak and Boris Johnson, two competitors within the Conservative party, met in person late on Saturday as they prepared to compete for control of their splintered ruling party, as per reports. The two formerly led Britain's government. According to the BBC and other news sources, former prime minister Johnson met with ex-finance minister Sunak to discuss the election after returning from a Caribbean vacation earlier in the day with the intention of making a daring political comeback barely weeks after leaving office. Both have not yet made it known that they intend to run to succeed departing leader Liz Truss, who announced Thursday that she will step down after serving for only 44 turbulent days. Also read | UK: Rishi Sunak takes an early lead in PM race, gets backing of over 100 MPs It is believed to be their first in-person talks in months following a dramatic falling out after Sunak's resignation in July, which contributed to the government uprising that finally led to Johnson's removal. There aren't many facts available concerning the "secret summit" that The Sun and the Sunday Times claimed was going on at almost 10:00 p.m. (2100 GMT). To prevent a Tory "civil war," they were reportedly going to talk about "agreeing to a joint ticket." Also read | A 44-day stint as PM, putting UK economy into turmoil, entitle Liz Truss to $129,000 a year That improbable scenario is taking place as Sunak, a 42-year-old Conservative MP, quickly surpasses the party's minimum need of 100 nominations to run for the position of UK leader. 128 Tory legislators have publicly endorsed him, compared to 53 for Johnson and 23 for cabinet member Penny Mordaunt, who was the first to officially announce on Friday. Despite pals stating he was "up for it," Johnson cut short a luxurious vacation to the Dominican Republic to take part in the apparent three-way fight. Two months after announcing his departure due to a cabinet uprising over a number of scandals, the contentious 58-year-old architect of Brexit only handed over control in the first few days of September. (With inputs from agencies) WATCH WION LIVE HERE:

UK's Johnson, Sunak meet for talks amid battle for Tory leadership

<p>Even as Boris Johnson hints at a return to 10 Downing Street, reports suggest that several top Conservative Party leaders are jostling to thwart his attempts to run again for the leadership race.</p>

<p>According to the Guardian, several MPs have expressed opposition to Johnson’s return, describing it to be the “end of the Conservative party”.</p>

<p>“It would be the end for me. I know others who feel the same. The party has already left us behind. If Johnson returned, I would find it impossible to continue,” a former minister was quoted as saying.</p>

<p>Conservative MP Roger Gale on Saturday threatened to resign as the Tory whip if Johnson became prime minister once again.</p>

<p>Another Tory MP echoed similar sentiments saying that they would reconsider their commitment to the party should Johnson return, and warned several other MPs might also risk breaking away from the party, spelling “the end of the Conservative party”.</p>

<p>Many among the Tory members believe that Johnson’s partygate scandal as he deliberately misled the lawmakers made it impossible for them to accept him as the leader.</p>

<p>Some even said that they would push for an early general election and spare Johnson from running for the PM.</p>

<p><strong>Also read |&nbsp;</strong><a href="https://www.wionews.com/world/uks-johnson-sunak-meet-for-talks-amid-battle-for-tory-leadership-527664" hreflang="en">UK's Johnson, Sunak meet for talks amid battle for Tory leadership</a></p>

<p>The sentiment on not letting Johnson secure another term found resonance even among the One Nation wings of the party who were urging Johnson not to stand.</p>

<p>Former Brexit minister and close ally of Johnson David Frost urged his party colleagues in the Commons to throw their support behind Sunak.</p>

<p><strong>Also read |</strong>&nbsp;<a href="https://www.wionews.com/world/uk-rishi-sunak-takes-an-early-lead-in-pm-race-with-backing-of-over-100-mps-527560">UK: Rishi Sunak takes an early lead in PM race, gets backing of over 100 MPs</a></p>

<p>In a tweet, he said, “Boris Johnson will always be a hero for delivering Brexit. But we must move on. It is simply not right to risk repeating the chaos and confusion of the last year. The Tory party must get behind a capable leader who can deliver a Conservative programme. That is Rishi Sunak.”</p>

<p>Meanwhile, Johnson held secret talks with Sunak, another top contender, after his team on Saturday claimed that he had privately secured the support of the 100 MPs necessary for entering the race, despite only 55 backing him in public.</p>

<p>(With inputs from agencies)</p>

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Even as Boris Johnson hints at a return to 10 Downing Street, reports suggest that several top Conservative Party leaders are jostling to thwart his attempts to run again for the leadership race.

Even as Boris Johnson hints at a return to 10 Downing Street, reports suggest that several top Conservative Party leaders are jostling to thwart his attempts to run again for the leadership race. According to the Guardian, several MPs have expressed opposition to Johnson’s return, describing it to be the “end of the Conservative party”. “It would be the end for me. I know others who feel the same. The party has already left us behind. If Johnson returned, I would find it impossible to continue,” a former minister was quoted as saying. Conservative MP Roger Gale on Saturday threatened to resign as the Tory whip if Johnson became prime minister once again. Another Tory MP echoed similar sentiments saying that they would reconsider their commitment to the party should Johnson return, and warned several other MPs might also risk breaking away from the party, spelling “the end of the Conservative party”. Many among the Tory members believe that Johnson’s partygate scandal as he deliberately misled the lawmakers made it impossible for them to accept him as the leader. Some even said that they would push for an early general election and spare Johnson from running for the PM. Also read | UK's Johnson, Sunak meet for talks amid battle for Tory leadership The sentiment on not letting Johnson secure another term found resonance even among the One Nation wings of the party who were urging Johnson not to stand. Former Brexit minister and close ally of Johnson David Frost urged his party colleagues in the Commons to throw their support behind Sunak. Also read | UK: Rishi Sunak takes an early lead in PM race, gets backing of over 100 MPs In a tweet, he said, “Boris Johnson will always be a hero for delivering Brexit. But we must move on. It is simply not right to risk repeating the chaos and confusion of the last year. The Tory party must get behind a capable leader who can deliver a Conservative programme. That is Rishi Sunak.” Meanwhile, Johnson held secret talks with Sunak, another top contender, after his team on Saturday claimed that he had privately secured the support of the 100 MPs necessary for entering the race, despite only 55 backing him in public. (With inputs from agencies) WATCH WION LIVE HERE:

Boris Johnson’s return as PM will sound death knell for Conservatives: Members

The resignation of British Prime Minister, Liz Truss, has triggered yet another Tory leadership race and there is only one question on everybody's mind- who will be UK's next Prime Minister and who is going to succeed Liz Truss.

UK: Rishi Sunak qualifies for UK PM race; Dominic Raab backs Sunak

<p>Late Friday, the British Conservative Party politician Rishi Sunak took&nbsp;an early lead in the latest race for the party leadership by&nbsp;becoming&nbsp;the first contender with more than 100 MPs backing him up. This comes after United Kingdom Prime Minister Liz Truss announced her resignation earlier this week after just 44 days in office.</p>

<p>According to reports, a candidate requires the support of&nbsp;100 MPs&nbsp;to be eligible for the race. However,&nbsp;the former finance minister of the UK is yet to officially announce his candidacy and only a maximum of three Tory MPs will be allowed to run given there are a total of 357 MPs in the party. According to reports, if his opponents fail to secure this minimum 100-vote nomination, Sunak will automatically become the party leader as well as the next UK PM.&nbsp;</p>

<p>ALSO READ:&nbsp;<a href="https://www.wionews.com/world/five-reasons-why-rishi-sunak-lost-the-uk-prime-minister-election-513122">Five reasons why Rishi Sunak lost the UK Prime Minister election</a></p>

<p>Meanwhile, Penny Mordaunt, another MP of the conservative party is the only one who has formally announced her candidacy, as of late Saturday. “I’ve been encouraged by support of my colleagues who want a fresh start, a united party and leadership in the national interest,” said Mordaunt in a statement.</p>

<p>On Thursday, a poll by Opinium showed that UK voters would prefer Sunak and Mordaunt over Johnson as the next PM as over 40% of people voted for the former finance minister. This comes amid reports of Boris Johnson cutting short his holiday in the Caribbean and returning to UK, saying he is “up for” running for party leadership.&nbsp;</p>

<p>Reports suggest that the Tory MPs will vote on Monday before a possible online ballot for party members next week. The results will be announced on October 28. A YouGov poll shows that three in five voters in Britain want an early general election while over 50% have opposed the return of former PM Johnson.&nbsp;</p>

<p>ALSO READ:&nbsp;<a href="https://www.wionews.com/world/rishi-sunak-penny-mordaunt-being-considered-for-truss-replacement-as-uk-pm-report-527162">From Rishi Sunak to Penny Mordaunt, here's a look at potential replacements of Truss</a></p>

<p>This vote also comes amid the growing calls for an early general election by the opposition Labour Party in the UK as the country continues to struggle with the worsening cost-of-living crisis.&nbsp;</p>

<p><em>(With inputs from agencies)&nbsp;</em><br />
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Late Friday, the British Conservative Party politician Rishi Sunak took an early lead in the latest race for the party leadership by becoming the first contender with more than 100 MPs backing him up.

Late Friday, the British Conservative Party politician Rishi Sunak took an early lead in the latest race for the party leadership by becoming the first contender with more than 100 MPs backing him up. This comes after United Kingdom Prime Minister Liz Truss announced her resignation earlier this week after just 44 days in office. According to reports, a candidate requires the support of 100 MPs to be eligible for the race. However, the former finance minister of the UK is yet to officially announce his candidacy and only a maximum of three Tory MPs will be allowed to run given there are a total of 357 MPs in the party. According to reports, if his opponents fail to secure this minimum 100-vote nomination, Sunak will automatically become the party leader as well as the next UK PM. ALSO READ: Five reasons why Rishi Sunak lost the UK Prime Minister election Meanwhile, Penny Mordaunt, another MP of the conservative party is the only one who has formally announced her candidacy, as of late Saturday. “I’ve been encouraged by support of my colleagues who want a fresh start, a united party and leadership in the national interest,” said Mordaunt in a statement. On Thursday, a poll by Opinium showed that UK voters would prefer Sunak and Mordaunt over Johnson as the next PM as over 40% of people voted for the former finance minister. This comes amid reports of Boris Johnson cutting short his holiday in the Caribbean and returning to UK, saying he is “up for” running for party leadership. Reports suggest that the Tory MPs will vote on Monday before a possible online ballot for party members next week. The results will be announced on October 28. A YouGov poll shows that three in five voters in Britain want an early general election while over 50% have opposed the return of former PM Johnson. ALSO READ: From Rishi Sunak to Penny Mordaunt, here's a look at potential replacements of Truss This vote also comes amid the growing calls for an early general election by the opposition Labour Party in the UK as the country continues to struggle with the worsening cost-of-living crisis. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

UK: Rishi Sunak takes an early lead in PM race, gets backing of over 100 MPs

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<p paraeid="{f0f3e306-d612-4af3-88c2-edb19f451528}{41}" paraid="562124293" >After weeks-long of political and economic chaos, UK's embattled Prime Minister Liz Truss finally decided to step down, just 44 days into office.&nbsp;</p>

<p paraeid="{57db466b-010a-46d4-9017-5574e294a27e}{214}" paraid="103462197" >Speaking outside Downing Street on Thursday, Truss said she sent her resignation to King Charles after meeting the leader of the Conservative Party’s 1922 Committee, Graham Brady.&nbsp;</p>

<p paraeid="{d92d4894-a64b-4aca-b670-d6418ec3fdeb}{24}" paraid="1752605451" >“Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she said.&nbsp;</p>

<p paraeid="{8d854a3a-0de6-46b5-bae1-f88a04a0a8f2}{10}" paraid="934722843" >She further announced that she will remain the prime minister until her successor is elected. &nbsp;</p>

<p paraeid="{4a7ba436-6d70-4ea8-af36-53ee5ba241ab}{210}" paraid="446283271" >A UK Conservative Party official said that the election to elect the next British prime minister would held on October 28.&nbsp;</p>

<p paraeid="{6944168d-552f-4eab-8896-1375936f4d39}{97}" paraid="612790522" >Amidst uncertainty over who is going to take over the reins, discussions are already abound on the potential contenders replacing Truss.&nbsp;&nbsp;</p>

<h2 paraeid="{386c6ab8-f721-468f-a631-f75e44a7fbad}{61}" paraid="1329692325" ><strong>Rishi Sunak&nbsp;</strong></h2>

<p paraeid="{386c6ab8-f721-468f-a631-f75e44a7fbad}{120}" paraid="840368854" >Former finance minister Rishi Sunak, who contended against Truss in this year's Conservative leadership race, has emerged as the favourite to become the UK’s next prime minister.&nbsp;</p>

<p paraeid="{54c83f81-9cbb-4f0f-8eea-6dba15440f1c}{249}" paraid="950373169" >According to Sky Bet, Sunak currently has odds of 13/8 in winning the elections.&nbsp;</p>

<p paraeid="{d92d4894-a64b-4aca-b670-d6418ec3fdeb}{13}" paraid="1645908624" >If he wins, Sunak would be the first Indian-origin person to hold the UK's highest post.&nbsp;</p>

<h2 paraeid="{525095a9-fc0d-4d3d-88aa-774af58ee956}{76}" paraid="607618470" ><strong>Penny Mordaunt&nbsp;</strong></h2>

<p paraeid="{f94247db-0806-43d1-9711-fbb0348bf87a}{176}" paraid="1450042279" >Former defence secretary Mordaunt's name is&nbsp; being actively considered to helm the PM post. &nbsp;</p>

<p paraeid="{a6e72949-b223-4d7a-bed0-bfa338ae2da8}{16}" paraid="557671955" >In this year's Conservative race, Mordaunt&nbsp;had finished third behind Truss and Sunak.&nbsp;</p>

<p paraeid="{525095a9-fc0d-4d3d-88aa-774af58ee956}{216}" paraid="700023160" >She is widely viewed as a consensus candidate, and has maintained links with Tory MPs in her current role as leader of the House of Commons.&nbsp;</p>

<h2 paraeid="{158cf169-2740-4774-8e52-29659917f59d}{137}" paraid="946622674" ><strong>Boris Johnson&nbsp;</strong></h2>

<p paraeid="{45f76196-ce5f-4049-b924-078d576f09e2}{3}" paraid="1081596767" >There are reports that former prime minister Johnson might also enter the fray even though he was ousted three months ago.&nbsp;</p>

<p paraeid="{16289926-8660-450c-88e8-3cac403e4371}{65}" paraid="1768952628" >According to Times Political Editor Steven Swinford, Johnson still enjoys the mandate he gained in the 2019 general elections.&nbsp;</p>

<p paraeid="{16289926-8660-450c-88e8-3cac403e4371}{41}" paraid="451685121" >“He’s taking soundings but is said to believe it is a matter of national interest,” Swinford said on Twitter.&nbsp;</p>

<h2 paraeid="{16289926-8660-450c-88e8-3cac403e4371}{30}" paraid="1882896084" ><strong>Jeremy Hunt&nbsp;</strong></h2>

<p paraeid="{62e95ee9-4ce3-4c4d-9f0c-1e41fb7efd33}{230}" paraid="1314513575" >Britain’s new Finance Minister Jeremy Hunt, who replaced Kwasi Kwarteng earlier this week, could also be considered for the PM post.&nbsp;</p>

<p paraeid="{fe919676-7370-45de-a26f-7353feeecb04}{115}" paraid="1034377958" >The 55-year-old is considered the most powerful figure in the government and is seen as a stable option.&nbsp;</p>

<p paraeid="{2f44fecf-902e-41ea-bafa-19e2bd376524}{135}" paraid="12298597" >He previously held several senior government positions, including foreign secretary, health secretary and culture secretary. &nbsp;</p>

<p paraeid="{2f44fecf-902e-41ea-bafa-19e2bd376524}{179}" paraid="302778668" >On Monday, Hunt hinted that he would not run.&nbsp;</p>

<p paraeid="{2f44fecf-902e-41ea-bafa-19e2bd376524}{209}" paraid="1583939881" >Speaking to Sky News: “I rule it out, Mrs Hunt rules it out, three Hunt children rule it out.”&nbsp;</p>

<p paraeid="{2f44fecf-902e-41ea-bafa-19e2bd376524}{209}" paraid="1583939881" ><em>(With inputs from agencies)</em></p>

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After weeks-long of political and economic chaos, UK's embattled Prime Minister Liz Truss finally decided to step down, just 44 days into office. Speaking outside Downing Street on Thursday, Truss said she sent her resignation to King Charles after meeting the leader of the Conservative Party’s 1922 Committee, Graham Brady.

After weeks-long of political and economic chaos, UK's embattled Prime Minister Liz Truss finally decided to step down, just 44 days into office. Speaking outside Downing Street on Thursday, Truss said she sent her resignation to King Charles after meeting the leader of the Conservative Party’s 1922 Committee, Graham Brady. “Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she said. She further announced that she will remain the prime minister until her successor is elected. A UK Conservative Party official said that the election to elect the next British prime minister would held on October 28. Amidst uncertainty over who is going to take over the reins, discussions are already abound on the potential contenders replacing Truss. Rishi Sunak Former finance minister Rishi Sunak, who contended against Truss in this year's Conservative leadership race, has emerged as the favourite to become the UK’s next prime minister. According to Sky Bet, Sunak currently has odds of 13/8 in winning the elections. If he wins, Sunak would be the first Indian-origin person to hold the UK's highest post. Penny Mordaunt Former defence secretary Mordaunt's name is being actively considered to helm the PM post. In this year's Conservative race, Mordaunt had finished third behind Truss and Sunak. She is widely viewed as a consensus candidate, and has maintained links with Tory MPs in her current role as leader of the House of Commons. Boris Johnson There are reports that former prime minister Johnson might also enter the fray even though he was ousted three months ago. According to Times Political Editor Steven Swinford, Johnson still enjoys the mandate he gained in the 2019 general elections. “He’s taking soundings but is said to believe it is a matter of national interest,” Swinford said on Twitter. Jeremy Hunt Britain’s new Finance Minister Jeremy Hunt, who replaced Kwasi Kwarteng earlier this week, could also be considered for the PM post. The 55-year-old is considered the most powerful figure in the government and is seen as a stable option. He previously held several senior government positions, including foreign secretary, health secretary and culture secretary. On Monday, Hunt hinted that he would not run. Speaking to Sky News: “I rule it out, Mrs Hunt rules it out, three Hunt children rule it out.” (With inputs from agencies) WATCH WION LIVE HERE:

From Rishi Sunak to Penny Mordaunt, here's a look at potential replacements of Truss 

Liz Truss resigns as the United Kingdom's Prime Minister after 45 days in office. 'I cannot deliver the mandate on which I was elected by the Conservative Party' Truss said in a statement outside 10 Downing Street. Tory Leadership contest is set to take place next week.

Tory Leadership contest to take place next week as Liz Truss resigns as UK PM

Liz Truss resigns as the United Kingdom's Prime Minister after six weeks in office. Speaking outside the door of her Number 10 Downing Street office, Truss accepted that she could not deliver the promises she made when she was running for Conservative leader, having lost the faith of her party.

UK PM Liz Truss resigns after 45 days of taking charge

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