Rishi Sunak takes over as UK prime minister amid economic crisis

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Rishi Sunak takes over as UK prime minister amid economic crisis
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Sunak has officially taken over the job as prime minister of Britian, the third such person to hold the title this year.

Sunak aims to assemble an experienced Cabinet whose competence can erase memories of the missteps and U-turns of the past months. But the right-of-center party’s divisions over immigration, relations with Europe and other big issues, remain deep. Allies of Truss and the scandal-plagued Johnson who have been sidelined or demoted from government can now nurture grievances from Parliament’s back benches.

But now he will have to oversee tax hikes and public spending cuts as he tries to bring inflation and government debt under control. A wave of strikes over pay that has already seen walkouts by railway staff, telecoms workers, garbage collectors, lawyers and dockworkers is likely to spread. Much of Sunak’s fortune comes through his wife Akshata Murty, whose father is the billionaire founder of Indian IT firm Infosys. The couple is worth 730 million pounds , according to the Sunday Times Rich List.

Sunak was chosen as Conservative leader on Monday after becoming the only candidate to clear the nomination threshold of 100 lawmakers. Sunak defeated House of Commons Leader Penny Mordaunt — who keeps that job in his government — and Johnson, who failed to rally enough support for a comeback bid.

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