Rishi Sunak To Become Britain's Next Prime Minister

Rishi Sunak is set to become the UK's first Prime Minister of color after securing the necessary nominations, surpassing Penny Mordaunt. Sunak's leadership comes after Liz Truss's resignation due to economic turmoil. His economic plan focuses on responsible public spending and avoiding tax cuts during the current financial crisis. The government aims to present a fiscal statement before the Bank of England's interest rate decision. Sunak's approach is expected to reassure financial markets, contrasting with Truss's previous policies.

How did Rishi Sunak secure his position as the leading candidate?

What economic challenges is Rishi Sunak expected to address as Prime Minister?