is almost unsurprising. This time, former British Chancellor Sunak (Rishi Sunak) is sure to win the battle against the British Prime Minister.
On the 24th local time, former British Chancellor Rishi Sunak became the leader of the British Conservative Party and is about to become the British Prime Minister . He is the third British Prime Minister in the past four months and the first Asian and Indian Prime Minister in British history.
was born in Sunak in 1980 and is 42 years old. Sunak, who was elected as a member of parliament for the first time in 2015 and entered politics, was promoted to the Chancellor of the Exchequer by former Prime Minister Johnson in 2020 and was about to be elected Prime Minister of the United Kingdom by 2022, which only took seven years. Sunak, 42, is younger than former British Prime Ministers Tony Blair and David Cameron when he became Prime Ministers. How did this happen?
The top student from the doctor's family
Sunak was born in Southampton, England. In the 1960s, his grandparents immigrated to the UK from East Africa and started from scratch. By the generation of Sunak's parents, his father, Sunak, has become the respected British National Health System (NHS) General practitioner , and his mother is a pharmacist who runs a pharmacy at home.
As the eldest son, Sunak Jr. had excellent grades and studied at the famous British private school, Winchester Public School, and then successfully promoted to Lincoln College, Oxford University, pursuing philosophy, politics and economics (PPE). The PPE major is the cradle of British politics.
Then, Sunak, who received the scholarship, went to the United States to study and went to Stanford University to not only obtain an MBA degree, but also to gain love.
While in the United States, Sunak met his wife Al-Sata Murthy, the daughter of Indian billionaire N. R. Narayana Murthy, founder of Infosys (Infosys). Infosys is the first company in Indian history to be listed in the United States.
After entering politics, "rocket-like promotion"
After graduation, Sunak joined Goldman Sachs and then worked as a partner at hed fund company Children's Investment Fund Management (CIMF) and Theleme Partners.
According to the Sunday Times Rich List in 2022, Sunak and his wife are the 222nd richest people in the UK, with a total wealth of £730 million.
In 2015, Sunak was elected as a member of the House of Commons in the general election. Since then, he has risen rapidly in politics at a speed like "ride in a rocket", and the decisive turning point occurred in 2020.
In 2020, then British Prime Minister Boris replaced Sajid Javid, then the British Chancellor of the Exchequer, and then appointed Javid's subordinate, Sunak, who was only 39 years old at the time, as the British New Chancellor of the Exchequer. In 2019, Sunak was only a junior housing minister in the British government. This time he was "ordered in the face of danger", making him the second youngest Chancellor of the Exchequer in British history.
20 During the epidemic, Sunak spent hundreds of billions of pounds to take a series of relief measures, such as reserving jobs for enterprises and issuing subsidies to encourage dining out. These pragmatic financial plans have established a good reputation for it. However, as inflation in the UK has intensified, Sunak's cautious attitude towards fiscal discipline has led to limited support for helping vulnerable families, which has reduced its popularity. Meanwhile, Sunak's wealthy identity has also attracted public criticism, his behavior of wearing famous brand clothing and using smart coffee cups worth hundreds of dollars has made people in the crisis of living feel disconnected from it.
On July 5, 2022, Sunak suddenly announced his resignation as Chancellor of the Exchequer. In his resignation letter, he hinted that he and Johnson had differences in economic policies. Sunak's departure became the first to fall domino, and after more than 60 government officials resigned, Johnson was forced to step down.
3 days later, Sunak participated in the Conservative Party leadership election. In the internal vote of Conservative MPs, Sunak maintained the first advantage since the first round, but lost to Prime Minister Tras, who had just resigned, by 21,000 votes in the final vote of Conservative Party members.
Regarding the reason why Sunak lost the election this summer, Wang Zhanpeng, deputy dean of the School of English at Beijing Foreign Studies University and director of the British Research Center, told the reporter of First Financial that for British Conservative voters, it is better to say that it is harder for them to accept Sunak's election as prime minister than to prefer Tras.
"The Conservatives have shot themselves in the foot in the past few months, but I think we need to give the new prime minister some time to at least calm things down before the next election. At least for the time being, if the election is held, it is obvious that Labour will win by an overwhelming advantage." Arther, a retired London teacher, said in an interview with the First Financial reporter.
The fastest to take over tomorrow
Next, Sunak will meet with the king of Charles , and he will also announce the new cabinet member list as soon as possible. According to British media reports, King Charles will travel from Sandringham to London this afternoon local time, which means he will meet Trass and Sunak as soon as tonight at Buckingham Palace .
Sunak may officially take over Tras' position as early as Tuesday (25th), when Tras' term of office will reach exactly 50 days.
Former British Prime Minister Cameron Congratulations to Sunak. He said he said 10 years ago that he believed the Conservative Party would become the first party in Britain to have an Indian-born prime minister.
British Foreign Secretary Cleverly said Sunak's election was a "very positive move." He called Sunak the most experienced candidate to lead the UK, adding that he was a "smart and talented man".
The newly-taken Sunak faces a recession-like British economy, including a public fiscal crisis, high inflation, tight public services, industrial turmoil, soaring energy bills, and even possible power outages in the new year. Sunak, a fiscal conservative, promised in a statement on Sunday to “repair the economy.” He said: "Integrity, professionalism and accountability will be made at every level of the government I lead."
With Sunak being elected Prime Minister, the FTSE 100 index hit an intraday high, up nearly 0.7% to 7015 points. The 10-year Treasury yield fell 0.24 percentage points to 3.81% early on Monday, reflecting a sharp rise in prices. As of the time of publication of the First Financial reporter, the pound fell 0.18% against the US dollar to 1.1283. (Reporter Chen Xiyu also contributed to this article)
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