“Want To fix Economy”: Rishi Sunak As He Announces Candidature For PM Post

“The United Kingdom is a great country but we face a profound economic crisis and that’s why I am standing to be leader:” Rishi Sunak

London: Currently the UK is going through political as well as economic crises. On October 20, Liz Truss resigned from Prime Minister’s post. On October 23, Britain’s former finance minister Rishi Sunak confirmed that he will enter the race and wanted to become the next Prime Minister of the UK.

“The United Kingdom is a great country but we face a profound economic crisis,” he said on Twitter. “That’s why I am standing to be leader of the Conservative Party and your next prime minister.”

The United Kingdom is a great country but we face a profound economic crisis.

That’s why I am standing to be Leader of the Conservative Party and your next Prime Minister.

I want to fix our economy, unite our Party and deliver for our country.

— Rishi Sunak (@RishiSunak) October 23, 2022

After losing a nationwide election organized by Conservative party members, Sunak was defeated by Truss in the contest to succeed Boris Johnson in September.

Even before he declared his candidature on Sunday, he received more support from Conservative Lawmakersthan his rivals – former defense minister Penny Mordaunt and Johnson, who is attempting a comeback.

Also Read: Amid Political Crisis, Liz Truss Resigns As UK PM

Liz Truss resigned after 45 days in power. Her tenure as PM is the shortest term for a British Prime Minister. Just six weeks after Rishi Sunak’s replacement, her economic policy had divided the Conservative Party and sent shockwaves across the markets.

“I recognize that given the situation I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party. I will remain as Prime Minister until a successor has been chosen,” Truss told reporters.

This week an election of MPs will be held and her successor will be elected.

She further said that she met the chairman of the 1922 Committee, Sir Graham Brady. They have agreed that there will be a leadership election to be completed within the next week. This will ensure that they remain on a path to deliver their fiscal plans and maintain their country’s economic stability and national security.

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