Nowadays, the members of the MPs who once supported Tras have "rebounded" one after another, but I don't know if they really believe Sunak or have other plans. It took Sunak less than two months from losing the campaign to taking over as prime minister.

More than a month ago, Conservative MPs chose Tras over Sunak . Nowadays, the members of the MPs who once supported Tras have "rebounded" one after another, but I don't know if they really believe Sunak or have other plans. It took Sunak less than two months from losing the campaign to taking over as prime minister.

htmlOn the 124th, 42-year-old former Chancellor Sunak was automatically elected as the leader of the British Conservative Party as the only candidate and will serve as the British Prime Minister . He will not only become the first Asian Prime Minister in the UK, but also the youngest Prime Minister in 210 years.

Sunak set a new record in British politics, but No. 10 Downing Street owners changed 5 times in 6 years, which also highlighted the current dilemma in the UK. Faced with the high cost of living and the stagnant economic growth, can Sunak have the last laugh?

"huge" advantage was elected

html At 2 pm on the 124th, Sunak became the new leader of the British Conservative Party with a seemingly undisputed huge advantage. Conservative party leader candidate needs to be nominated by at least 100 Conservative MPs, and no one meets this requirement except Sunak has 195 supporters.

In fact, when former Prime Minister , who was once more popular, announced his abandonment, the competition around the Conservative Party leader ended before it officially began.

Sunak will officially take office as Prime Minister today. Source: BBC

Sunak made a brief speech after being elected, confirming that the general election will not be held in advance, which means that he will take over as Prime Minister. According to British political tradition, because the Conservative Party has obvious advantages in parliament, the Conservative Party leader can take over as prime minister without the test of the general election before the end of his term of office in December 2024.

According to the British Prime Minister's Office, the current Prime Minister Tras will speak at Downing Street on the morning of the 25th, and then go to Buckingham Palace to meet with King Charles III . Afterwards, Sunak will go to Buckingham Palace to meet with Charles III, and will officially form a cabinet to rule after accepting the king's appointment.

Born from an immigrant family

Sunak's personal political career can be said to have climbed at the speed of a rocket.

1980, Sunak was born in an Indian immigrant family in Southampton, England. His father was an general practitioner and his mother was a pharmacist who ran a pharmacy. Sunak is the eldest son of three children in the family. He helped his mother keep accounts in the pharmacy since childhood, which may have trained his financial mind. Similar to many Asian families, Sunak's parents attach great importance to education and spent huge sums of money to send Sunak to the famous British Winchester Public School . Sunak did not disappoint his family's expectations. He first entered the Oxford University and studied politics, philosophy and economy. After graduation, he became an analyst at Goldman Sachs investment bank. Then he went to Stanford University in the United States to study for a master's degree in business administration, and met his wife there.

After Sunak won, the social media account of Larry Cat, " Chief Rat Catcher " No. 10 Downing Street, said that because the new prime minister is very rich, he began to look forward to caviar and lobster himself. Source: twitter

Sunak's wife Merty is the daughter of the co-founder of Indian tech giant Infosys. Infosys is India's first company listed in the United States and has been firmly ranked in the Fortune 500 in the world for many years. According to the Forbes ranking data in 2022, the Sunaks currently have a net worth of US$3.6 billion, ranking 222nd among the 1,000 richest people in the UK.

In 2015, 35-year-old Sunak abandoned business and entered politics and was elected as a Conservative MP. In February 2020, 39-year-old Sunak was favored by then Prime Minister Johnson and became the Chancellor of the Exchequer. In July this year, Sunak announced his resignation and joined the Conservative Party leader three days later, known as the "last straw" that overwhelmed the Johnson administration. In September, Sunak was defeated by Tras at the last minute while leading the way and failed to be elected as the leader of the party. But in just 50 days, he completed a miraculous counterattack.

Multiple problems to be solved

After a brief celebration, Sunak must devote his energy to saving the bad economic situation. The economy is the main source of Sunak's confidence and the key reason why the Conservatives chose him.

The UK is in the worst livelihood crisis in decades, with high inflation index and soaring energy prices. Central Bank 7 consecutive hikes also invalid, and people have to reduce spending. The latest data released by the British market research firm Deloitte shows that the UK consumer confidence index has fallen to its lowest point since the institution began statistics in 2011 and may continue to decline.

How to save economic downturn and market confidence is Sunak's biggest test. Source: ft

Sunak once issued a risk warning about Prime Minister Tras' keen tax cut plan, which is the source of bankruptcy of confidence in Tras in both political and economic circles. Therefore, Sunak is praised by supporters as a "stable hand" in a turbulent period.

But the economy is not the only challenge. The relationship between the UK and the EU and the sluggish support rate of the Conservative Party, these related problems that Sunak must solve during his term. On the one hand, more and more voices believe that the series of instability in the UK in recent years is due to the sequelae of "Brexit", and "Brexit" has become a huge political hidden danger; on the other hand, the Conservative Party's support rate has been falling, and the gap with the opposition Labor Party once exceeded 30%, showing the largest gap since the 1990s.

In addition, Sunak's personal resume is not without the hidden dangers of being beaten by his opponent. His wife was accused of using Indian citizenship to avoid taxes for a long time, and the amount was said to be as much as £20 million. He himself was also exposed to have long-term holding of a US green card, which has been widely questioned inside and outside the Conservative Party.

Bloomberg believes that in an environment where no election test, undercurrents within the Conservative Party, and any mistakes will cause market fluctuations, it is not easy for Sunak, who pursues "serious Conservative Party values" to complete the task.

More than a month ago, Conservative MPs chose Tras over Sunak. Nowadays, the members of the MPs who once supported Tras have "rebounded" one after another, but I don't know if they really believe Sunak or have other plans.

Produced by Deep Sea Studio

Written by Yang Yifan

Edited by Deep Sea Molten