However, the social and market turmoil caused by Tras's office for only 45 days made her forced to resign in a public opinion storm, and the British Conservative Party had to immediately elect the next prime minister.

Source of this article: Times Weekly Author: Liu Muxuan

On October 24th local time, this 42-year-old Indian political star will usher in the second chance to become British Prime Minister in the past four months. This time, he has a great chance of winning.

Just over a month ago, Sunak lost to Tras with a 42.6% versus 57.4% Conservative support rate, and was defeated by Tras. However, the social and market turmoil caused by Tras's office for only 45 days made her forced to resign in a public opinion storm, and the British Conservative Party had to immediately elect the next prime minister.

Sunak and Trass (Photo source: social media screenshot)

As of the morning of October 23, the biggest opponent of Prime Minister candidate Sunak seems to be his former boss, former British Prime Minister Johnson . Coincidentally, Johnson announced his withdrawal from the campaign later that day, directly paving the way for Sunak's election.

According to the current rules of the British Prime Minister's election, candidates will need to win the nomination of at least 100 Conservative MPs before 14:00 local time on the 24th (21:00 Beijing time on the 24th). If more than two candidates meet the criteria, 357 Conservative MPs will conduct the second round of voting. If only one person receives support from more than 100 Conservative MPs, the candidate will win directly.

As of Johnson's announcement of withdrawal from the election, Sunak has received support from 155 MPs, far ahead of his current only competitor - Modant, the leader of the British House of Commons, who has only received support from 25 MPs.

Therefore, many British media predict that Sunak is likely to win the first round of voting and was directly elected as the British Prime Minister on the evening of October 24.

The Indian rising star

, who is comparable to most British political elites, has a hairstyle and tighten his tie. The young and capable former British Chancellor Sunak walked out of the house and announced to the British that he was always ready to replace the outgoing Trass and become the next Prime Minister of Britain.

If you close your eyes and listen carefully to his authentic British Oxford accent, few people can associate this accent with an Indian face.

Sunak walked out of his office. (Photo source: social media)

Although many conservative white British people are reluctant to let an Indian person of different skin color become their prime minister only from their appearance, Sunak's life experience may be more like a pure "white" elite than these opponents.

In December 1980, Sunak was born in a middle-class family in the southern UK port city of Southampton . His parents were born in Kenya and Tanzanian , respectively, and their grandparents were Indian immigrants who immigrated to the Commonwealth of East Africa in the 1960s.

Although Sunak always talked about his childhood experience of working as a waiter in a restaurant and how he saved money for his private education with his parents, Sunak's family was definitely not poor at that time.

The father is a doctor, the mother is a pharmacist, and Sunak is the eldest son of the family (first from left). (Photo source: Sunak personal website)

11-year-old Sunak once studied in a preparatory course at a private school Stroud. The current tuition fee for the school is 18,500 pounds (about 152,000 yuan) per year. Later, he transferred to King Edward VI School (current tuition is 17,000 pounds per year, which is about 140,000 yuan), and finally entered one of the most famous and expensive aristocratic boarding schools in the UK - Winchester Public School (current tuition is 43,335 pounds per year, which is about 357,000 yuan).

After graduating from high school, Sunak entered Oxford University to study philosophy, politics and economics, and graduated with the first place in 2001 and went directly to work at the famous investment bank Goldman Sachs. Three years later, Sunak went to Stanford University in the United States to study for a Master of Business Administration (MBA).

During this period, Sunak met his wife Murthy. Murtti's father is Narayana Murtti, the founder of India's "father of IT industry" and the information giant Infosys (Infosys). According to Forbes' 2022 data, Sunak's father-in-law's net worth reached $3.6 billion.

Indian rich people have a tradition of "investing" son-in-law, and Sunak, perhaps the most successful one.

Just like that, with the experience and capital that looks down on the entire British political elite circle, Sunak naturally rose to prominence after returning to the UK in 2015. Sunak, 35, was elected as a British MP. Just five years later, he became the British Chancellor of the Exchequer and became the youngest prime minister in British history.

Sunak is the first Indian and youngest Chancellor of the Exchequer in British history. (Photo source: social media)

During Johnson's administration, Sunak's economic support measures were widely popular. Among them, one compensation for workers who were unable to rework due to the epidemic and who were not fired was compensated 80% of the monthly salary, which was deeply loved by the British people and made him the most popular member of Johnson's cabinet.

In addition to receiving positive reviews in managing the national finance, Sunak is also well versed in wealth management. According to Forbes' estimates, the Sunaks are currently ranked 222nd among the 1,000 richest people in the UK, and the two are expected to have a total wealth of £730 million (about 6 billion yuan).

The best candidate in the British Conservative Party

Sunak is highly expected by many MPs in the party. Since the British Conservative Party elected Tras to power, it has been in an unprecedented crisis of trust.

According to a survey conducted by the poll agency Opinium on October 5-7 on 2023 people, the largest opposition party in the UK, currently the support rate of the Labour Party is 47%, leading the Conservative Party by 26%, which is the most support rate of the Labour Party leading the Conservative Party in the record.

The Conservative Party, which has been in power for more than 7 consecutive years in the UK, has replaced five prime ministers. If the new prime minister can no longer satisfy the British people, it is very likely that the regime will be handed over to the old rival Labor Party in the next general election.

So, after Tras resigned, the Conservatives had to quickly and well choose the most suitable candidate, and Sunak met the criteria in all respects.

is not just the Conservative Party, but the market also believes that Sunak will definitely try to make up for the mistakes made by Tras in economic policies and bring confidence to the market again.

Previously, Tras' tax cut policy had triggered serious turmoil in the UK market. On the day the draft policy was released, the UK Treasury bonds were sold at the largest scale in history. The pound plummeted to the same level as the US dollar, and the market saw a "three-kill" in stocks, bonds and foreign exchange. The financial industry, as the pillar of the UK economy, was completely in panic. In the end, the Bank of England had to urgently purchase bonds to save the market , but once the bonds were purchased, the inflation problem in the UK became even more unsolvable.

There is Tras who is confused in his logic, Sunak can get a lot of support by just following the steps. (Photo source: social media)

As former Chancellor of the Exchequer Sunak happens to be "professional counterpart". When he was in a campaign debate with Tras two months ago, he pointed out the irrationality of the latter's tax cut policy and called it a "fairy tale delusion."

Johnson's final concession on the 23rd also made Sunak the greatest hope to unite the differences within the Conservative Party.

According to British media reports, Johnson and Sunak met on the evening of October 22. The outside world speculated that the two may have reached a phased consensus to support Sunak in office. The day after the meeting, Johnson publicly announced his withdrawal from the campaign, and several allies who had previously supported Johnson, including former cabinet members Jawede and Williamson, also turned to Sunak's camp.

Affected by this news, the pound sterling exchange rate gained, up 1% to 1.1401 in the early trading session in Asia.

Although Sunak is currently sure to win, it does not mean that everyone likes him. Many people question that once Sunak comes to power, this British government may be more inclined to protect the interests of the rich.

Sunak's wife Murthy was previously revealed to have been living in the UK for many years and used her "non-British tax domicilation" to avoid paying taxes to the UK. The amount of tax evasion may be as high as 20 million pounds (equivalent to RMB 164 million). In response, British Labor Leader Starmer once accused Sunak of "who allowed his wife to use the law to avoid taxes while requiring millions of workers to pay more taxes."

Sunak and his wife Murty (Photo source: social media)

In addition, Sunak is also involved in a "party scandal". When the British people were quarantined at home, the British cabinet took the lead in holding a party privately in violation of regulations. The incident became the "last straw" that overwhelmed Johnson's resignation, and Sunak not only did not receive political punishment other than fines for this, but also took the lead in resigning and "forced the palace" of his former boss Johnson, causing opponents to criticize him for being "unfaithful".

, Sunak himself was also revealed to have a US green card while serving as Chancellor of the Exchequer, which means that Sunak, as a US taxpayer, participated in the UK's change of tax rates and negotiated with the US government on tax payments by Internet giants. It was not until October 2021, the 18th month after Sunak served as Chancellor of the Exchequer, that he returned the green card.