Who is the new British prime minister? Meet Rishi Sunak

Rishi Sunak will be Britain’s first black leader, the first Hindu to take the top job and the youngest prime minister in more than 200 years.

LONDON, UK – Rishi Sunak ran for British top job and lost. Then he has another shot – and a chance to say “I told you so.”

Former UK treasurer has come runner-up Liz Truss in the election to replace scandal-plagued Boris Johnson as Conservative Party leader and prime minister. But Truss quit after a tumultuous 45-day term, and Johnson abandoned the attempt to return. That leaves Sunak out of the race, and he won Monday’s race to become leader of the Conservative Party and will take up the post he missed less than two months ago.

Victory in the Conservative leadership race is testament to Sunak, who warned during the last campaign that Truss’ tax-cut economic plans were reckless and would cause havoc. And so they did.

Truss resigned last week after her tax cut package spooked financial markets, devaluing the pound and removing her power.

Sunak will be Britain’s first black leader and first Hindu to take the top job. At 42, he will also be the youngest prime minister in more than 200 years, a political prodigy whose youthful looks, edgy suit and confident, smooth demeanor have earned him the dub of the British media. is “Dishy Rishi”.

To win, Sunak had to overcome accusations by opponents that he was the pawnbroker of Johnson’s government’s abandonment as it was established amid ethics scandals. The resignation of Sunak and Health Minister Sajid Javid almost simultaneously on July 5 created a chain reaction. Within 48 hours, about 50 members of the government had quit, and Johnson was forced to resign.

Sunak thinks it’s a matter of principle, saying he wants to fix the “break of trust” in politics. He also accused Truss of giving a “fairy tale” by promising immediate tax cuts when he felt curbing soaring inflation was a bigger priority.

Sunak said in an interview with the BBC: “I would rather lose fighting for what I passionately believe is right for our country, and living up to my values, than winning for a cause. illusory promises.

Sunak was born in 1980 in Southampton on the south coast of England, to parents of Indian descent who were both born in East Africa. He grew up in a middle-class family, his father was a family doctor and his mother a pharmacist, and he says he inherited their hardworking ethos.

“I grew up working in stores, delivering drugs,” he said during the campaign. “I work as a waiter at an Indian restaurant down the street.”

He described how his parents saved up to send him to Winchester College, one of Britain’s most expensive and exclusive boarding schools.

There he mingled with the elite. Rivals recently dug up a clip from a 2001 TV documentary about the class system in which 21-year-old Sunak says he has “friends who are aristocrats, I have friends who are aristocrats, I have friends who are aristocrats, I have friends who are aristocrats, I have friends who are upper class, I have friends who are, you know, working class – well, not working class. “

After graduating from high school, Sunak studied politics, philosophy and economics at Oxford University – the degree of choice for future prime ministers – then earned an MBA from Stanford University.

He works for investment bank Goldman Sachs as a hedge fund manager and lives in the US, where he met his wife, Akshata Murty. They have two daughters.

Returning to the UK, Sunak was elected to Parliament for the Tory safe seat in Richmond in Yorkshire in 2015. During the UK’s 2016 Brexit referendum, he supported leaving the European Union – a step take the risk, as it goes against the policy of the Conservative government.

When the victory “died” unexpectedly, Sunak’s career took off. He held a number of ministerial positions before being appointed Premier – head of the Treasury – by Johnson in February 2020, shortly before the pandemic hit.

An instinctively low-tax, small-state politician who idolized former Prime Minister Margaret Thatcher, he nonetheless spent billions of dollars in government money to keep people and businesses afloat during this era. epidemic. His senior program, which paid millions of workers when they were temporarily laid off, made him the most popular member of the government – a status he demonstrated with his announcements. glossy social media messages that opponents and critics say emphasize his own brand rather than the government’s.

But Sunak has had woes over the years. Critics say a campaign urging people to dine in restaurants after lockdown restrictions were eased in the summer of 2020 has contributed to another COVID-19 wave.

Others say that Sunak’s family fortune and past Silicon Valley have made him out of touch with the struggles of ordinary people.

He also faces questions about his finances and that of his wife. Murty is the daughter of the billionaire founder of Indian tech giant Infosys, and the couple is worth £730 million ($877 million), according to the Sunday Times Rich List.

In April 2022 it was reported that Murty did not pay UK tax on her overseas income. It’s legal, but it looks bad at a time when Sunak is raising taxes on millions of Britons. Sunak was also criticized for keeping his US green card, indicating his intention to settle in the US, for two years after he became Britain’s finance minister.

Sunak has since been cleared of misconduct, but the revelations are still painful. He was fined by police, along with Johnson and dozens of others, for attending a party in the prime minister’s office in 2020 that broke coronavirus lockdown rules. Anger over those parties at a time when Britons were forced to stay at home contributed to Johnson’s downfall. Sunak did say that he attended unintentionally and succinctly.

During his first leadership campaign, he described himself as a candidate for mature decisions and financial security, criticized Truss’ tax cuts and increased debt, and vowed to control inflation control.

It’s a harder job than ever.

https://www.king5.com/article/news/nation-world/rishi-sunak-britains-next-prime-minister/507-d27b07a0-544a-41a3-b50e-0144c4cf895c Who is the new British prime minister? Meet Rishi Sunak

Edmund DeMarche

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