Liz Truss has defeated Rishi Sunak to be the new Prime Minister of Britain. 1-min read Owen Humphreys, AP Britain's ex-finance minister Rishi Sunak again. Ahead of a key head-on televised BBC debate between the two finalists former Chancellor Rishi Sunak and Foreign Secretary Liz Truss on Monday night, the tone of the contest has been getting increasingly fierce. Tom Tugendhat, Tory backbencher and House of Commons Foreign Affairs Committee Chair, dropped his tally from the previous 32 to 31 votes and was knocked out of the contest. The final two will then hold hustings up and down the UK to win over the Conservative Party's membership of around 160,000 eligible voters to cast postal ballots in their favour. Sunak is under no obligation to call a vote. UK PM race: The United Kingdom is all set to elect a new leader on Monday as the final countdown in the over six-week-long gruelling campaign for the governing Conservative Party has begun.. A recent mini budget by Truss, which triggered her downfall, pushed up borrowing costs and mortgage rates, and sent investors fleeing. CNN Sans & 2016 Cable News Network. After several knock-out rounds this past week, here are the remaining five candidates for . World News | UK Opposition Labour Party Wins By-election in Electoral Blow to PM Rishi Sunak. "Rishi has my full support. This will be the first time in history that the appointment is made outside of England and Buckingham Palace as the 96-year-old monarch reduces her travels with age. Professor Pant said that Sunak's. UK PM Election Results 2022 LIVE Updates: UK's Priti Patel resigns as Home Secretary Liz Truss was named as Britain's next prime minister on Monday, winning a leadership race for the governing Conservative party at a time when the country faces a cost of living crisis, industrial unre. Culture Secretary Nadine Dorries, a Johnson loyalist who is backing Truss in the race, took to Twitter on Monday morning to quote tweet . British Conservative politicians on Sunday launched two campaigns to address concerns about the direction of the party and the government, the latest challenge to new Prime Minister Rishi Sunak's attempts to unite a fractured party. Writing in 'The Times', the senior Tory MP said that "aggressive briefing and counter-briefing only adds to (Opposition) Labour's research folders", and would prove a "gift to the Opposition". The foreign secretary has won the race to replace Boris Johnson as prime minister after a two-month contest. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. He increased his tally from Monday's 115, while Trade Minister Penny Mordaunt got 92 votes and Foreign Secretary Liz Truss 86 votes leaving the race to clinch second place still open. New Delhi, UPDATED: Jul 20, 2022 07:55 IST. The United Kingdom is a great country, but there is no doubt we face a profound economic challenge, Sunak said during the statement on Monday afternoon. His withdrawal leaves former Treasury chief Rishi Sunak the strong favorite to be Britain's next prime minister. LONDON Liz Truss will face Rishi Sunak in the final round of a closely fought race to succeed Boris Johnson as U.K. prime minister. LONDON, Oct 24 (Reuters) - Rishi Sunak will become Britain's first prime minister of colour on Tuesday after he won the race to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to leave millions of people poorer. Advertisement Press Trust of India London, UPDATED: Jul 22, 2022 15:47 IST Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. REUTERS/Peter Nicholls. His government has survived. 3:15 PM EDT, Mon October 24, 2022, See the moment Tory Party announced Sunak to be next British PM, Conservative leadership candidate Rishi Sunak speaks at a Conservative Party leadership campaign event in Grantham, Britain, July 23, 2022. There's no set date for the next general election in the UK, but it must be held no later than Thursday, January 23, 2025. He was seen as the more moderate of the two candidates. They will decide on the new prime minister for the UK population of more than 67 million. Two candidates Liz Truss and Rishi Sunak are vying to be the new face of British Conservatism;. Bitter Race to Lead U.K. Is Ending With Little to Offer for Economic Ills. The race to succeed Boris Johnson as British Prime Minister got bloody for the governing Conservative Party on Sunday, with reports of damaging briefings against frontrunner Rishi Sunak and. Politics latest: Union boss claims ministers 'torpedoed' strike talks, shadow chancellor asked if Labour would agree to public sector pay demands . Watch: Truss promises bold plan to cut taxes, #WATCH | I'll deliver a bold plan to cut taxes & grow our economy, on the energy crisis & long-term issues on energ https://t.co/QnJq7sqhey, Watch: Liz Truss defeats Rishi Sunak to become the new Prime Minister of the United Kingdom, #WATCH | #LizTruss defeats #RishiSunak to become the new Prime Minister of the United Kingdom (Video: ANI) https://t.co/JBAEsSk79D, I also want to thank our outgoing leader, my friend, Boris Johnson. The UK generally holds elections every five years. Rishi Sunak, former UK chancellor of the exchequer, arrives at his office in Millbank, in London, UK, on Monday, Oct. 24, 2022. The party that wins the most constituencies is declared the winner of the election. [1/4]New leader of the Britain's Conservative Party Rishi Sunak waves outside the Conservative Campaign Headquarters, in London, Britain October 24, 2022. 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, he said in a brief televised statement. Updated Foreign Secretary Truss has in contrast emerged as the favourite in the vote of grassroots Tory members, the result of which will be announced Monday. Rishi Sunak or Liz Truss will be the next PM after Penny Mordaunt was eliminated from the Tory leadership race. "There has also been an undercurrent that some of the attacks on him have been very seemingly racist but by and large, it has been a positive reception," he said. The race to become the next leader of the Conservative Party, and the UK's new prime minister, ended last Friday with the winner announced on Monday 5 September. Other Conservatives say he is too rich to understand the day-to-day economic pressures building in Britain, and worry whether he could ever win an election for a party that has been in power for 12 years. UK Prime Minister Race: Rishi Sunak Wins Fourth Round Leadership Contest Vote. EXETER, EnglandForeign Minister Liz Truss has consolidated her lead in recent days over her rival Rishi Sunak in the race to become the next British prime . 80 rows The . Sunak attended Oxford University and Stanford University where he met his wife Akshata Murthy, whose father is Indian billionaire N. R. Narayana Murthy, founder of outsourcing giant Infosys Ltd. The winner of that ballot will go on to be elected the new Tory leader and take over from caretaker Boris Johnson as the new British Prime Minister by September 5. Explainer: How Britain is exploiting Brexit to reform finance? Economists and investors welcomed Sunak's appointment, but questioned whether he can tackle the country's finances while holding the party's warring factions together. Sunak will become prime minister on Tuesday once he is officially appointed by King Charles III and will be the first prime minister appointed by the new King following the death of Queen Elizabeth II in September. National's ally the ACT Party climbed two points to 11% support, which would give the pair a parliamentary majority if the results were replicated at the election. His successor will follow him and be asked to form a government. What are the major challenges facing Britain's new prime minister? She previously committed herself to getting the India-UK FTA done, preferably by Diwali the deadline set by predecessor Boris Johnson but "definitely by the end of the year". According to the law, the next general election must happen no later than in January 2025. Citigroup estimates inflation in the United Kingdom could peak at 18 per cent8 in early 2023, while Goldman Sachs warns it could reach 22 per cent if natural gas prices "remain elevated at current . British former finance minister Rishi Sunak held on to his lead on Tuesday among Conservative lawmakers in the race to replace Boris Johnson as prime minister, but his two remaining rivals were . In there, he showed a capacity to marshal the whole party.". His successor Truss lasted just over six weeks before she too was forced out. Ardern remains the country's most-preferred prime minister, on 29% to National leader Christopher Luxon's 23%, but her rating has halved from more than 60% in 2020. For reprint rights: Times Syndication Service. Boris, you got Brexit done. Henry VIII military letter, handwritten Mozart music on offer at auction, Britain rebuffs calls from oil and gas bosses to amend windfall tax, UK's Hunt says public-sector pay restraint needed to tame inflation, See here for a complete list of exchanges and delays, Sunak to become prime minister after winning party race, He will be appointed by King Charles on Tuesday, Warns UK faces a profound economic challenge. Ahead of the TV debate cancellation, former Cabinet minister Brandon Lewis said the campaign had so far been "plagued by allegations of dark arts and dirty tricks". After a bitter contest, Truss won 57% of the votes from Conservative Party members compared to 43% for her rival, former finance minister Rishi Sunak, a margin that although comfortable was not as overwhelming as some polls suggested. Rishi Sunak (+400) - Sunak lost out to Truss in the race to . The latest breaking news, comment and features from The Independent. Queen Elizabeth II is scheduled to formally name Truss as Britains prime minister on Tuesday. The last few rounds of voting are being held this week as a third live television debate, scheduled to be hosted by 'Sky News' on Tuesday evening, was cancelled after the channel said both Sunak and Truss had declined to take part. Rishi was announced as the new Conservative leader and incoming Prime . All quotes delayed a minimum of 15 minutes. Rishi Sunak is set to become the UKs latest Prime Minister this week replacing the countrys shortest-serving leader . The winner of the party vote is set to be announced Sept. 5 and will become the U.K.'s new prime minister. A snap poll after the debate put Sunak in the lead but Truss was trailing in last place. Truss has improved her tally from 64 and Badenoch is up from 49 in the last round. The industry leader for online information for tax, accounting and finance professionals. Here's everything you need to . We now need stability and unity and I will make it my utmost priority to bring our party and our country together. Former UK Chancellor Rishi Sunak on Monday, 18 July, topped the latest round of voting held among the Conservative Party members of the British Parliament to replace Boris Johnson as prime minister. While he agreed with Truss that taxes should be lower, he said any cuts could only happen once inflation was brought under control, which could take several years. The ceremony will take place at the queens Balmoral estate in Scotland, where the monarch is vacationing, rather than at Buckingham Palace. Its a Barack Obama moment for us. Track Latest News and Assembly Election 2022 Coverage Live on NDTV.com and get news updates from India and around the world. Liz Truss is holding a commanding lead over Rishi Sunak in the race to become the next UK prime minister. "In reality, the Tories' latest iteration of 'authoritarian populism' is simply an attempt to pin the blame on trans people for the failures of successive Conservative administrations, which have overseen skyrocketing inequality and the largest fall in living standards on . His own party is divided and increasingly unpopular following four months of political turmoil and financial market chaos. Keir Starmer (+150) - The leader of the opposition is the betting favorite in the odds to become the next UK prime minister. He will have an audience with Truss on Tuesday morning before meeting with Sunak. The first real test of unity will come on Oct. 31, when finance minister Jeremy Hunt - the fourth person in the role in four months - is due to present a budget to plug a black hole in the public finances that is expected to have ballooned to up to 40 billion pounds. Conservative Party leadership candidate Rishi Sunak leaves his campaign office, in London, Sunday, Oct. 23, 2022. We will deliver a great victory for the Conservative Party in 2024, The possible ministers in Britain's new government. Conservatives are one family; time to unite behind Truss: says Sunak after defeat in UK leadership race. Sunaks rise is a historic moment for Britains South Asian community, said Sanjay Chandarana, who heads a Hindu temple co-founded by Sunaks grandparents in 1971. Former finance minister Rishi Sunak will be the United Kingdoms next prime minister after seeing off his lone remaining rival in the fast-tracked race to become Conservative party leader on Monday. Among the many messages of support, he received "warmest congratulations" from Indian leader Narendra Modi. Truss will take over from. She. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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, he added. The UK was not part of Frontex while it was an . The multi-millionaire former hedge fund boss will be expected to make deep spending cuts to try to rebuild Britain's fiscal reputation, just as the country slides into one of the toughest downturns in decades, hit by the surging cost of energy and food. The next round of voting is expected on Tuesday to whittle down the further shortlist, with votes scheduled until only two candidates remain in the fray by Thursday. For Scotland, of course, he becomes another PM we did not and, without doubt would not vote for even if given the chance. The magic number is seen as 120, with the candidate receiving the backing of at least 120 of his or her Conservative Party colleagues guaranteed a spot in the final shortlist of two candidates to compete for the Tory membership votes. The deputy leader of the opposition Labour party, Angela Rayner, said Sunak had no mandate and no idea what working people need and called for an early election. But the fact that Sunak is the UKs third prime minister since the last poll in 2019 and the second to come into power without a public vote adds to the pressure. After winning the leadership race, she vowed to press ahead with promises of tax cuts and to deal with a growing energy crisis. Sunaks grandparents were born in India and his parents emigrated to the UK from East Africa in the 1960s. The development follows weeks of turmoil; Sunak. By Monday he had secured the support of more than half of the partys 357 MPs. How UK's race for prime minister is marred by transphobia . appreciated. The former chancellor received 118 votes in the fourth round of voting by his party colleagues, as Kemi Badenoch . While he has not given any details on his planned policies in the past few days, he positioned himself as the sound finance candidate when he ran against Truss in the previous Conservative leadership contest over the summer. Over that period the country has been buffeted from crisis to crisis, and now faces what is forecast to be a long recession triggered by sky-rocketing inflation which hit 10.1 per cent in July. Says she will pay for the cuts by spreading the UK's "Covid debt" over a longer period; LONDON Oct 24 Reuters - Rishi Sunak will become Britains first prime minister of colour on Tuesday after he won the race to lead the Conservative Party tasked with steering a. Boris Johnson said it. (Photo: Reuters) By India Today Web Desk: Former British Finance Minister Rishi Sunak won the fourth round of voting with 118 votes and is leading in the race to replace Boris Johnson as British prime minister and leader of the Conservative . The 47-year-old senior Cabinet minister was widely expected to become the third female British Prime Minister after over 170,000 online and postal votes cast by Tory members, ending Sunak's historic run as the first member of Parliament of Indian heritage to compete for the top job at 10 Downing Street. The tension played out live on air as Truss clashed with Sunak repeatedly during an 'ITV' debate on Sunday, sparking concerns of damaging Tory infighting. The British-Indian former finance minister received 115 votes in the third round of voting, with Trade Minister Penny Mordaunt holding on to the second spot with 82 votes followed by Foreign Secretary Liz Truss with 71 votes, and former equalities minister Kemi Badenoch at 58 votes. He is set to replace Liz Truss, who will become the shortest-serving prime minister in UK history. It is believed the decision is influenced by the clashes between the two candidates over disagreements on tax and economic measures as former Cabinet colleagues in the Boris Johnson-led government. Our Standards: The Thomson Reuters Trust Principles. Rishi Sunak is leading the race to be the next PM of UK. London: Former Chancellor Rishi Sunak on Monday topped the latest round of voting among the Conservative Party members of Parliament as the race to replace Boris Johnson as Prime Minister. People vote for representatives in their local areas, known as a constituency. Sunak will become the first person of color and the first Hindu to lead the UK. Britain's Conservative Party members chose Ms. Truss, the hawkish foreign secretary, over Rishi Sunak, the former chancellor of the Exchequer. UK Prime Minister Election Results: Liz Truss and Rishi Sunak spent the summer rallying support. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. This combination photo shows the eight candidate in the race to become the next UK prime minister. You rolled out the vaccine and you stood up to Vladimir Putin, I will deliver a bold plan to cut taxes and grow our economy. London: The final two candidates to become UK prime minister will be decided Wednesday, with Foreign Secretary Liz Truss and Penny Mordaunt battling it out with frontrunner Rishi Sunak. Former Chancellor Rishi Sunak on Tuesday maintained his lead with 118 votes in the fourth and latest round voting in the race to replace Boris Johnson as the Conservative Party leader and British Prime Minister. She takes over a country in serious economic crisis. 24 Oct 2022 (21:18 GMT) Rishi Sunak wins the Conservative Party leadership race and is set to become the United Kingdom's next prime minister. France Election Who S Who In The Race To Unseat Macron Euronews . She beat her rival by 81,326 votes to 60,399, after a summer-long internal contest sparked by Boris Johnson's resignation in July. Sunak, who will be appointed prime minister by King Charles on Tuesday, will also have to work hard to hold Britain's dominant political party together after some accused him of treachery earlier this year when he resigned from the cabinet of former leader Boris Johnson, triggering his downfall too. says Prime Minister. I am open about being a Hindu, Sunak told Business Standard. Long the front-runner in the race to replace Johnson, Truss will become the Conservatives' fourth prime minister since a 2015 election. The Conservatives do not have to hold one until January 2025. Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics. Britain's former finance minister Rishi Sunak held onto his lead in the race to become Britain's next prime minister on Monday as another hopeful was knocked out, leaving four candidates in an . Former Chancellor Rishi Sunak on Monday topped the latest round of voting among the Conservative Party members of Parliament as the race to replace Boris Johnson as Prime Minister narrowed. Liz Truss was named as Britain's next prime minister on Monday, winning a leadership race for the governing Conservative party at a time when the country faces a cost of living crisis, industrial unrest and a recession. Get latest articles and stories on World at LatestLY. At the same time, Britain is facing major economic crisis, with many economists believing it is already in recession. More on this later. LONDON, United Kingdom (AFP) Eight Conservative MPs will vie to . While the top tier of the voting tally remains largely unchanged, Sunak has picked up 14 more votes from the previous round of 101, however, Mordaunt has dropped one from 83 in the second voting round last week. Stay with TOI for latest updates:Read Less. UK. "We now need stability and unity, and I will make it my utmost priority to bring our party and our country together," he said. But as Britains third prime minister in seven weeks, Sunak is facing an enormous task. Sunak is set to replace Liz Truss, who will become the shortest-serving prime minister in UK history. UK Prime Minister Race: Rishi Sunak is facing Liz Truss in the UK Prime Minister race. Congratulations @trussliz for being chosen to be the next PM of the UK. Photo composite: Daniel Orton. Sunak's appointment is another first for Britain - he will become the country's first prime minister of Indian origin. "I see the UK and India in a sweet spot of the trade dynamics that are building up," Truss had said soon after signing the ETP. He told his lawmakers in parliament on Monday that they faced an "existential crisis" and must "unite or die". Sir Graham Brady, the chairman of the 1922 campaign, has released the results of the final round of MP voting in the race for the Tory . He criticized Truss economic plan which ultimately sparked panic in the financial markets and led to her demise. London: Former Chancellor Rishi Sunak on Monday topped the latest round of voting among the Conservative Party members of Parliament as the race to replace Boris Johnson as Prime Minister narrowed down to four, with Tom Tugendhat out of the contest after receiving the lowest votes. We need a general election so the public get a say on the future of Britain and the chance for a fresh start with Labour, she said. Many Conservative lawmakers appeared relieved that the party had at least selected a new leader quickly. All Rights Reserved. Labour has held record leads in opinion polls of more than 25 points ever since Truss's budget sent shockwaves through financial markets. Historian and political biographer Anthony Seldon told Reuters that Sunak had the most difficult economic and political inheritance of any British leader since World War Two, and would be constrained by the mistakes made by his predecessor Truss. UK Tory leadership race: What time will Britain's new prime minister be announced and what happens next? Labour by-election win shows public are 'fed up' with Tories, says Starmer. Did you encounter any technical issues? Rishi Sunak makes second bid to become UK's Prime Minister. Your effort and contribution in providing this feedback is much The vote . Bengaluru Couple's Midnight Horror: "Rs 3,000 Fine For Being Out At Night", "Dear Cricket": India's 2nd Test Triple Centurion's Emotional Tweet, "Fish's Head Is Rotten": Blogger On Murmurs Among Russian Soldiers, Scientists Move Objects Without Using Their Hands, Here's How, US Slaps Sanctions On 2 Chinese Officials Over Human Rights Abuse In Tibet, Volodymyr Zelensky Thanks Joe Biden For "Unprecedented" Help To Ukraine, 3 Dead After Gunman Shoots Neighbours During Residents' Meeting In Rome, Volcano Erupts In Guatemala, Forcing Closure Of Airport, Highway, Fire Breaks Out At Rajlaxmi Industries In Mumbai, This website follows the DNPA Code of Ethics. Amid the turmoil, polls show that Britons want an election. CNN understood that the King was traveling to London from the private royal estate of Sandringham on Monday afternoon, as had always been his plan. . See here for a complete list of exchanges and delays. The Techne UK "best Prime Minister" tracker poll for Express.co.uk has charted which one of Sir Keir or Rishi Sunak voters would rather see in 10, Downing Street. Sunaktook a huge step toward becoming the UKs next prime minister as former premierBoris Johnsonpulled out of the contest after a weekend of vacillation and as he won the endorsement of Chancellor of the ExchequerJeremy Hunt. The task will be helped by a recovery in the bond market, with the 30-year gilt , which suffered unprecedented losses after the mini-budget on Sept. 23, now recovered to levels close to those seen early on that day. .. Advertisement .. UK PM Election Results Highlights: Liz Truss Is The New UK PM, In a letter to outgoing UK Prime Minister Boris Johnson, Ms Patel wrote, "It is my choice to continue my public service to the country and the Witham constituency from the backbenches, once Liz Truss formally assumes office and a new Home Secretary is appointed.". . PRIME MINISTER UK Prime Minister race: Liz Truss gains upper hand over rival Rishi Sunak, here's how Liz Truss has been rated at 90.09 per cent, in the race for the next permanent leader. Sunak officially declared hed be standing on Sunday after securing the support of 100 Conservative lawmakers, the necessary threshold set by party officials. Speaking after the announcement, Sunak said he was humbled and honored to have been elected leader. UK Prime Minister Election Results: Liz Truss and Rishi Sunak spent the summer rallying support. It was Truss as International Trade Secretary who signed off on the India-UK Enhanced Trade Partnership (ETP) for the Boris Johnson led government in May last year, which marked the starting point of the ongoing free trade agreement (FTA) negotiations. Scottish leader Nicola Sturgeon also criticized the way Sunak came to power and renewed her call for Scottish independence. Sunak, 42, has consistently topped the shortlist since voting began last week and won 118 in the fourth round, just shy of the 120 . The UK's Tory leadership race is in its final stage with less than 11 days until a winner is announced. LONDON, Oct 21 (Reuters) - Boris Johnson has been gaining momentum in his audacious bid to return as British prime minister, with his colleagues deeply divided over the potential comeback and. The Conservative Party has already ousted two prime ministers in 2022 - Boris Johnson and Liz Truss - and trails the opposition Labour party in the polls by double . One of the wealthiest politicians in Westminster, Sunak, 42, will become the country's youngest leader in modern times - and its third in less than two months - as he takes over during one of the most turbulent eras in British political history. Indian Prime Minister Narendra Modi on Monday offered his warmest congratulations to Sunak, calling the incoming Prime Minister a bridge between both countries. Penny Mordaunt crashed out of the race Wednesday after. The winning party then chooses the PM. He replaces Liz Truss, who only lasted 44 days before she said she would resign, needing to restore stability to a country reeling from years of political and economic turmoil and seeking to lead a party that has fractured along ideological lines. I will deliver on the energy crisis, dealing with people's energy bills, but also dealing with the long term issues we have on energy supply. "I congratulate Liz Truss on being elected our new Leader, and will give her my support as our new Prime Minister," Patel said in her resignation letter to current prime minister Boris Johnson, which she posted on Twitter. The British-Indian former finance minister received 115 votes in the third round of voting, with Trade Minister Penny Mordaunt holding on to the second spot with 82 votes followed by Foreign Secretary Liz Truss with 71 votes, and former equalities minister Kemi Badenoch at 58 votes. Sunak officially declared he'd be standing on Sunday, after securing the support of 100. Britain's opposition Labour Party has won a special election for a northwest England seat in Parliament, the first test of voter sentiment since Conservative Prime Minister Rishi Sunak took . He told the country it faced a "profound economic challenge". He guided the UK through the Covid-19 pandemic, putting in place a giant financial stimulus package. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Angela Rayner, deputy leader of the opposition Labour Party, said the Conservatives had "crowned Rishi Sunak as prime minister without him saying a single word about how he would run the country and without anyone having the chance to vote.". The head of the gambling sector's standards body has said he hopes ministers have listened to both his industry and to British racing over the controversial subject of affordability checks as the wait for the gambling review white paper draws closer to its conclusion. Its not unusual for a prime minister to come into office without an election four of the last five British prime ministers first entered the role without a general election. The Rt Hon Oliver Dowden CBE MP. He added that Sunak had shown composure when he became finance minister just as the COVID-19 pandemic hit Britain. Conservative Party members on Monday, 5 September, elected Liz Truss to be their next leader, effectively making her the next prime minister of the United Kingdom. Labor's Starmer, a former Director of Public Prosecutions, is a good bet to win. If Truss wins, she would become the third woman British prime minister after Margaret Thatcher and Theresa May. I am thoroughly British, this is my home and my country, but my religious and cultural heritage is Indian, my wife is Indian. The cancellation of Tuesday's debate comes amid concerns in the Tory party about the harsh tone of the campaign. . His campaign got a big boost when his former boss and rival, former Prime Minister Boris Johnson, withdrew from the race on Sunday night. British government bonds rallied aggressively in the run-up to Sunak's victory, and extended their gains on Monday. In a poll outcome perceived as the first electoral test of British Prime Minister Rishi Sunak's leadership, the Opposition Labour Party won an important by-election with an increased margin in a north-west England constituency on Friday.
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