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Rishi Sunak was appointed as Britain's first Indian-origin prime minister on Tuesday, 25 October, a day after Conservative Party MP Penny Mordaunt withdrew from the leadership race, clearing the way for the former chancellor to rise as the latest occupant of 10 Downing Street.
Sunak succeeds Liz Truss, who resigned last week after a series of economic missteps that led to severe criticism of her government.
Let's cast a glance on his rocky journey from being an MP, to the chancellor of the exchequer, to now being the UK's first non-white prime minister.
2015: Sunak gets elected as a Conservative MP for Richmond, Yorkshire
2018: Theresa May appoints Sunak as the Parliamentary Under Secretary of State for Local Government, giving him his first ministerial post
2019: Endorses Boris Johnson as the conservative leader, after May's resignation. Boris appoints the India-origin politician as Chief Secretary to the Treasury.
2020: Promoted to the post of Chancellor of the Exchequer in 2020, amid the COVID-19 health crisis
July 2022: Resigns from Johnson's cabinet, citing "improper and an incompetent government"
September 2022: Loses Tory leadership contest to Liz Truss
October 2022: Becomes first-ever non-white British PM after a tumultuous leadership contest, spurred by first Johnson and then Liz Truss's resignation as PM
The politician, born into an Indian-origin family from Southampton, was elected the Conservative MP for Richmond, Yorkshire in 2015.
His sustained advocacy for Brexit and support for fiscal conservatism defined his ascent in the Tory party. In 2018, Theresa May gave Sunak his first ministerial job, making him a minister of housing, communities and local government.
In 2019, Sunak endorsed Boris Johnson for the post of PM, and went on to serve as the Chief Secretary to the Treasury before being promoted to the post as the chancellor of the exchequer in 2020.
This made him the first minister of Indian-origin to hold one of the highest offices in the British government, and to many Tory MPs, Sunak became the chancellor who nursed the United Kingdom through COVID-19.
In the first week of July 2022, Sunak resigned from the Cabinet, leading to a spate of exits that ended with Johnson's resignation
"I am sad to be leaving government but I have reluctantly come to the conclusion that we cannot continue like this," read Sunak's resignation letter.
Analysts, however, said that this might have indeed been the former chancellor's ploy to become the next British prime minister.
As discontent within his Cabinet mounted amid the Partygate scandal, followed by a flurry of noteworthy resignations, Johnson announced his resignation as the prime minister and the Conservative Party leader in July.
Consequently, in an election that recorded a total turnout of 82.6 percent, Truss defeated Sunak, garnering 81,326 Tory votes, compared to his share of 60,399 votes.
Soon after coming to power, Truss and her chancellor of the exchequer, Kwasi Kwarteng announced extra borrowing for tax cuts, they sacked the Treasury’s top bureaucrat, and insisted that they will continue on the same path despite a hostile market reaction.
This was all a part of the new Conservative government's "Growth Plan."
Sunak, who had predicted the impact of Truss' proposed economic plan during the leadership campaign, proved to be prescient.
After just 45 days in office, Truss tendered her resignation amid the economic and political upheaval, becoming the shortest-serving prime minister in UK history.
“This morning I met the chairman of the 1922 Committee, Sir Graham Brady. We’ve agreed that there will be a leadership election to be completed within the next week. This will ensure that we remain on behalf to deliver our fiscal plans and maintain our country’s economic stability and national security. I will remain as prime minister until a successor has been chosen," Truss announced on 20 October.
Other frontrunners included Penny Mordaunt and former Prime Minister Boris Johnson.
Just three days after her resignation, amid the speculation surrounding the new leader, Johnson indicated that he will not run in the leadership contest of the Conservative Party, clearing the path for Rishi Sunak to become the next prime minister of the country.
Johnson bowed out after after recognising he would not lead “a united party in parliament.”
In a statement on Twitter, Mordaunt said, "Despite the compressed tímetable for the leadership contest it is clear that colleagues feel we need certainty today."
The resignation confirmed Sunak's position as the next PM, even as the UK drew the curtain in one of the most eventful leadership contests in its modern history.
Rishi Sunak was installed as the United Kingdom's prime minister by King Charles III on 25 October, as the Conservative Party leader met the monarch at Buckingham Palace.
In his first address to the nation as the Prime Minister of the United Kingdom, Sunak said "mistakes" were made by his predecessor, Truss, and that he had been "elected to fix those mistakes."
Sunak takes on the role at a time when the country is staring at a deep economic crisis. He is expected to make tough and possibly unpopular moves on taxation and public spending.
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