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Tag: Rishi

Rishi Sunak wins race to become next UK PM

Rishi Sunak wins the race to replace Liz Truss as Conservative Party leader and is set to become the next UK PM. Sole challenger Penny Mordaunt withdrew from the race after failing to secure enough support. The election follows weeks of political and economic turmoil; Sunak will become the third British premier in two months. As a Briton with Indian ancestry, he will be the…

Rishi Sunak wins race to become the UK’s new prime minister

Rishi Sunak will become the United Kingdom’s new prime minister after winning the ruling Conservative Party’s leadership contest, which was triggered by the resignation of Liz Truss last week. Sunak’s win on Monday came days after Truss’s resignation after her disastrous tax cuts plans and policy U-turns plunged the markets into chaos. The unprecedented economic crisis drew a rare intervention from the Bank of England….

Rishi Sunak set to be UK’s next prime minister

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Rishi Sunak will succeed Liz Truss as the UK’s third prime minister in as many months, as the nation struggles with an economic crisis worsened by his predecessor’s policies. Sunak will officially become prime minister after he meets with King Charles, which will likely be on October 25, 2022. Support us: https://subscribe.scmp.com Follow us on: Website:…

UK ministers Rishi Sunak and Sajid Javid resign from government – BBC News

The UK chancellor and health secretary have resigned from government, saying they no longer have confidence in Prime Minister Boris Johnson. Rishi Sunak said the public expected government to be conducted “properly, competently and seriously”, while Sajid Javid said government was not “acting in the national interest”. Meanwhile, Education Secretary Nadhim Zahawi has been picked as chancellor and Steve Barclay, Johnson’s chief of staff, now…

Why are UK Chancellor Rishi Sunak and his wife under pressure over their taxes? – BBC News

An inquiry is under way into how details of UK Chancellor Rishi Sunak’s wife’s tax affairs were leaked to the media. As a “non-dom” UK resident, Akshata Murty has not been required by law to pay UK taxes on her overseas income. However on Friday, Ms Murty announced she will now pay UK taxes on the overseas income she earns. She owns £700m in shares…

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