Rishi Sunak Becomes Prime Minister... but can he outlast Truss?

Rishi Sunak becomes the UK's fourth Conservative Prime Minister in four years after Boris Johnson and Penny Mordant withdraw from the leadership race. Sunak faces significant economic challenges, including a fiscal deficit, and aims to stabilize markets. His leadership marks a historic moment as he becomes the UK's first ethnic minority Prime Minister. The video explores the political dynamics, economic implications, and potential strategies Sunak might employ to unify the Conservative Party and address the UK's economic issues.

What was the primary reason for the unexpected leadership election after Liz Truss's resignation?

• The 1922 committee decided to hold another contest.

• The economic crisis required immediate attention.

• Liz Truss was the longest-serving Prime Minister.

• The Labour Party demanded a new election.

Which candidate was on holiday in the Dominican Republic during the leadership contest?

• Rishi Sunak

• Penny Mordaunt

• Boris Johnson

• Liz Truss

Why did Boris Johnson decide to withdraw from the leadership race?

• He wanted to support Penny Mordaunt.

• He believed he couldn't unify the party.

• He lacked the required nominations.

• He was not interested in politics anymore.

What significant milestone does Rishi Sunak achieve as Prime Minister?

• Longest-serving Prime Minister

• Youngest Prime Minister since 1812

• First ethnic minority Prime Minister since Disraeli

• First female Prime Minister

How did the markets react to Rishi Sunak's appointment as Prime Minister?

• The currency value dropped.

• The stock market crashed.

• The yield on 10-year Gilts decreased.

• The yield on 10-year Gilts increased.

What is one potential fiscal policy Rishi Sunak might consider to address the economic challenges?

• Increasing defense spending

• Scrapping the pensions triple lock

• Reducing healthcare funding

• Cutting taxes

What is the polling gap between Rishi Sunak and the Labour Party according to JLL Partners?

• 15 points ahead

• 5 points ahead

• 20 points behind

• 11 points behind