Rishi Sunak will be Britain's next prime minister after Liz Truss' resignation

Rishi Sunak will be Britain's next prime minister after Liz Truss' resignation
Former Finance Minister Rishi Sunak won the race to be Britain's next prime minister on Monday, the first British Asian to assume the role and the third leader in seven weeks of a country roiled by political and economic chaos.

Sunak will become the latest leader of the ruling Conservative Party to enter the revolving door of No. 10 Downing St., following Liz Truss' resignation just 44 days after taking office. Her scandal-plagued predecessor, Boris Johnson, dropped his bid for a comeback Sunday.

In his first public statement after the results were announced, Sunak said the country faces a “profound economic challenge.”

He went on to pledge to work for “stability and unity,” and added that he would make it his “utmost priority” to unite the party and the country.

Sunak’s victory was confirmed after his only other challenger, Penny Mordaunt, failed to secure the support of enough of her fellow lawmakers before the deadline.

Sunak, who at 42 is set to be the youngest prime minister in more than 200 years, will now be invited to form a government by King Charles III, a ceremonial duty the country’s new monarch will carry out for the first time.

A multimillionaire former banker, Sunak was not elected by the United Kingdom’s 67 million people but rather appointed by lawmakers from the Conservative Party, which is recording historic polling lows after a decade of austerity and 18 months of controversy and division.

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