Rishi Sunak

A fast-tracked contest to find the next Tory leader and prime minister has kicked off hours after Liz Truss dramatically resigned as PM, barely six weeks ...

We need somebody who can unite the party, get us back in the polls and who can be a winner and Boris Johnson ticks all of those boxes." Mr Smith said: "We're looking at someone with a mandate with the general electorate, the membership, he's a winner. Her now-abandoned September mini-budget started the turmoil, sending financial markets into a tailspin. A first ballot will be held among MPs and the person with the lowest number of votes will be eliminated, if there are three candidates. Through Thursday morning, the number of MPs publicly calling for the prime minister to go doubled and Sir Graham Brady, chairman of the influential 1922 Committee - a group of backbench MPs, was summoned to No 10 to give her an update. Under party rules, leadership hopefuls will need to secure the support of 100 MPs to enter the contest. "I feel disappointed, shocked, I backed Liz Truss," he said, and apologised to the country for the "instability" caused. On Wednesday, her home secretary, Suella Braverman, resigned and a chaotic night with accusations of bullying during a vote in the House of Commons followed, sealing her fate. Mr Johnson, who is on holiday in the Caribbean, was forced to resign as Conservative leader in July following a string of scandals. Hopefuls need the backing of 100 MPs by Monday, with her successor likely to be announced by Friday at the latest. A handful of the former prime minister's biggest political supporters are pressing him to make a comeback. A fast-tracked contest to find the next Tory leader and prime minister has kicked off hours after Liz Truss dramatically resigned as PM, barely six weeks into the job.

To some Conservatives, Rishi Sunak is the minister who got Britain through the COVID pandemic, to others the traitor who knifed Boris Johnson or the rival ...

In 2020, aged 39, Sunak was named finance minister just before the coronavirus pandemic hit Britain. The problems for Sunak in the leadership race contrasted with his swift rise through the Conservative Party, which began in 2015 when he was elected to parliament having previously worked for Goldman Sachs and hedge fund TCI. For his supporters in the party, Sunak's previous leadership campaign message of the need for economic prudence to address Britain's rampant inflation and criticism of Truss's "fairy tale" plans have shown he is right man for the job.

Plus, UK consumer confidence near 50-year low and ScottishPower calls on private sector to subsidise energy bills.

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With Liz Truss out, contenders face a Monday deadline to get the backing of at least 100 Conservative Party lawmakers.

If there is more than one, the hopefuls will be whittled down before the final two are put forward to the 170,000 members of the Conservative Party. Many at the time speculated it could be a ” the Financial Times In 2019, Johnson helped his party to a whopping great win in the general election. But her “PM4PM” supporters are seeking to change that, pointing out that she polls better with the all-important Conservative Party members than Sunak. They point out that during the last contest his candidacy received the most support from his colleagues and say that many of his economic ideas turned out to be prescient. It’s possible that, given the high bar, only one candidate will be put forward by Monday at 2 p.m., which is when the nominations close. His time in office was marked by scandal after scandal and voters and his own colleagues were upset by his refusal to accept accountability. It is not certain if anyone else could galvanize the population to the same extent — or if Johnson himself even still can. The Telegraph, the Sun and the Daily Express all put on Johnson for their front page, while the left-leaning Mirror just called for a general election “now” in enormous print. Or might someone else emerge as the leading hopeful to become the next Conservative Party leader? Or Penny Mordaunt, who is not widely known but polls well with the Conservative Party members?

With the Conservatives in turmoil, many in Rishi Sunak's party think he is the only one who can solve the party's woes.

In 2020, aged 39, Sunak was named finance minister just before the coronavirus pandemic hit Britain. The problems for Sunak in the leadership race contrasted with his swift rise through the Conservative Party, which began in 2015 when he was elected to parliament having previously worked for Goldman Sachs and hedge fund TCI. For his supporters in the party, Sunak’s previous leadership campaign message of the need for economic prudence to address Britain’s rampant inflation and criticism of Truss’s “fairy tale” plans have shown he is right man for the job.

Sunak was praised for a COVID-19 economic rescue package, comprising an expensive jobs retention programme that averted mass unemployment in the country.

The tax status permits a person who was born in another country, or if their parent is from another country, to pay tax in the UK only on the income they earn in the country. Born in the UK's Southhampton area to an Indian family, Rishi Sunak is the son of a pharmacist mother and a National Health Service (NHS) general practitioner (GP) father. With the latest political crisis unfolding in the United Kingdom (UK) with Liz Truss’ resignation after 45 days at helm, Rishi Sunak, the former finance minister, is again one of the favourites to replace Truss as the next British premier.

A North Yorkshire MP said Rishi Sunak would "get things fixed" if he stood for the Tory leadership in the wake of the prime minister's resignation.

"We need to get things fixed and I think Rishi Sunak is the man to get things fixed." However, Sir Robert said Mr Sunak had received the most votes from MPs and the views he expressed about the economy during the leadership campaign had been right. A North Yorkshire MP said Rishi Sunak would "get things fixed" if he stood for the Tory leadership in the wake of the prime minister's resignation.

Boris Johnson and former finance minister Rishi Sunak were leading the potential contenders to replace British Prime Minister Liz Truss on Friday, ...

has now been very, very badly tarnished, and it may be very difficult to recover within the space of two years." [Truss quit](/world/uk/uk-pm-truss-threatens-disciplinary-action-against-rebel-lawmakers-2022-10-20/) on Thursday after the shortest, most chaotic tenure of any British prime minister after her economic programme shattered the country's reputation for financial stability and left many people poorer. Mordaunt is seen as a fresh pair of hands largely untainted by earlier administrations. Running in third is Penny Mordaunt, a former defence minister popular with Conservative Party members. He can turn it around again. With the Conservatives all but facing a wipe out in the next national election according to opinion polls, the race is on to become the fifth British premier in six years.

Rishi Sunak, who lost the last Conservative leadership race in a runoff against Liz Truss, has gained the most public support of Members of Parliament to ...

In the race to 10 Downing Street, the romours are Rishi Sunak is already far ahead of his contenders. Though no candidates to succeed outgoing PM Liz Truss ...

After facing a severe revolt against her leadership by an increasing number of Conservative Party MPs, former Prime Minister Liz Truss resigned from the ...

Because the truth is worth it.) [ ](https://www.thequint.com/news)and [ Breaking News ](/)at the Quint, browse for more from [ news ](https://www.thequint.com/news)and [ world](https://www.thequint.com/news/world) However, the group has some Sunak supporters as well, like North West Durham MP Richard holden, who is backing Sunak. If anything, the past six weeks have brought them even more sharply into focus." "Having spent the summer supporting Rishi Sunak’s leadership bid, my views on his suitability have not changed. There are close to 45 ‘ During the conservative party leadership contest after Boris Johnson’s exit, Rishi Sunak was defined in two ways. [becoming a membe](https://www.thequint.com/plan-selection?utm_source=global_cta) [r](https://www.thequint.com/plan-selection?utm=global_cta). [UK’s tax rates](https://www.thequint.com/news/world/liz-truss-tax-cuts-uk-brink-of-economic-crisis-pound-collapse) to the highest decades during a cost-of-living crisis. [Liz’s approach](https://www.thequint.com/news/world/candidates-in-uks-pm-race-rishi-sunak-liz-truss-approach-the-cost-of-living-crisis-differently) to the economy would lead to what did happen." [COVID](https://www.thequint.com/topic/covid-19), to others he is the Brutus to Johnson’s Caesar. [contest rounds](https://www.thequint.com/news/world/final-round-of-voting-for-tory-leadership-today-winners-to-clash-in-run-off).

The British prime minister will have served just six tumultuous weeks in office, despite having won handily an internal Conservative Party leadership race to ...

Liz Truss's sudden resignation has kicked off a short but dramatic search for the U.K.'s next Prime Minister.

The leadership race will only be a week long, maybe even shorter. Rishi Sunak Is the Favorite to Be Next U.K. Here’s What to Know.

Boris Johnson and former finance minister Rishi Sunak were leading the potential contenders to replace British Prime Minister Liz Truss on Friday, ...

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British media reports have stated that Boris Johnson has asked Sunak to let the former be the Prime Minister in order to save face of the Conservative ...

Rishi Sunak is back in the frame for high office as the Conservatives seek a new leader to follow Liz Truss as prime minister.