The Fort Worth Press - Rishi Sunak triumphs to become UK's new prime minister

USD -
AED 3.672503
AFN 65.000175
ALL 81.391909
AMD 361.239406
ANG 1.789785
AOA 918.000173
ARS 1545.979796
AUD 1.45141
AWG 1.8
AZN 1.70424
BAM 1.754002
BBD 2.017139
BDT 124.801578
BGN 1.747831
BHD 0.378365
BIF 2996.530984
BMD 1
BND 1.283357
BOB 12.019192
BRL 5.5157
BSD 1.001533
BTN 94.051388
BWP 13.796287
BYN 2.99922
BYR 19600
BZD 2.01427
CAD 1.410275
CDF 2320.000433
CHF 0.819505
CLF 0.024815
CLP 976.640154
CNY 6.676498
CNH 6.67325
COP 3239.78
CRC 454.199123
CUC 1
CUP 24.036716
CVE 98.887942
CZK 21.789645
DJF 178.345091
DKK 6.69634
DOP 60.855691
DZD 136.387021
EGP 54.135703
ERN 15
ETB 164.375174
EUR 0.89582
FJD 2.265597
FKP 0.74879
GBP 0.747215
GEL 2.595016
GGP 0.74879
GHS 11.707995
GIP 0.74879
GMD 74.50058
GNF 8870.64244
GTQ 7.657056
GYD 210.062329
HKD 7.84025
HNL 26.917595
HRK 6.76901
HTG 131.239077
HUF 325.120288
IDR 18108.75
ILS 3.17185
IMP 0.74879
INR 93.823398
IQD 1519.035021
IRR 1891352.999659
ISK 122.540276
JEP 0.74879
JMD 158.950846
JOD 0.709023
JPY 158.230139
KES 129.959975
KGS 87.447804
KHR 4080.352101
KMF 441.999703
KPW 899.999961
KRW 1349.060049
KWD 0.31106
KYD 0.834734
KZT 448.920502
LAK 22531.676206
LBP 89685.278642
LKR 333.053958
LRD 170.342137
LSL 16.562805
LTL 2.95274
LVL 0.60489
LYD 6.409165
MAD 9.794718
MDL 17.901738
MGA 4550.9551
MKD 55.14612
MMK 2099.456394
MNT 3601.166008
MOP 8.088606
MRU 40.43421
MUR 47.030256
MVR 15.402768
MWK 1736.659525
MXN 18.59045
MYR 4.061297
MZN 63.897801
NAD 16.563177
NGN 1349.520041
NIO 36.85942
NOK 9.438297
NPR 150.409201
NZD 1.78599
OMR 0.384497
PAB 1.002108
PEN 3.451773
PGK 4.564503
PHP 63.275023
PKR 276.992712
PLN 3.93363
PYG 6260.364471
QAR 3.662795
RON 4.777195
RSD 105.371045
RUB 81.997474
RWF 1478.264377
SAR 3.760516
SBD 8.048583
SCR 14.057803
SDG 601.502622
SEK 9.86631
SGD 1.28066
SHP 0.748923
SLE 22.950028
SLL 20969.504398
SOS 572.355712
SRD 37.583499
STD 20697.981008
STN 21.961965
SVC 8.76732
SYP 13001.999685
SZL 16.557158
THB 33.467939
TJS 9.243442
TMT 3.5
TND 2.998341
TOP 2.40776
TRY 50.181885
TTD 6.791952
TWD 32.831999
TZS 2646.380087
UAH 45.371507
UGX 4098.470921
UYU 40.312094
UZS 11956.414511
VES 896.316397
VND 25514.5
VUV 119.26207
WST 2.787824
XAF 587.619311
XAG 0.018934
XAU 0.000242800362
XCD 2.70255
XCG 1.805838
XDR 0.707052
XOF 587.619311
XPF 106.954845
YER 236.625004
ZAR 16.48746
ZMK 9001.202587
ZMW 20.350666
ZWL 321.999592
SSP 5745.232324
MXV 2.089896
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Rishi Sunak triumphs to become UK's new prime minister
Rishi Sunak triumphs to become UK's new prime minister / Photo: © AFP

Rishi Sunak triumphs to become UK's new prime minister

Former finance minister Rishi Sunak on Monday won the battle for leadership of Britain's Conservative party and will become the country's first prime minister of colour.

Text size:

Penny Mordaunt, the last rival left after Boris Johnson dramatically pulled out, failed to secure the necessary 100 nominations from her fellow MPs.

"Rishi Sunak is therefore elected as leader of the Conservative party," senior backbencher Graham Brady said, as Mordaunt pledged her "full support" for Sunak.

Triumph for 42-year-old Sunak came after Johnson's decision late Sunday to abandon his political comeback bid.

Just weeks after he lost out to Liz Truss to lead the ruling Tories, Sunak therefore pulled off a stunning reversal in fortunes.

Addressing members of his party behind closed doors after the announcement, Sunak reportedly received a rapturous reception.

Scottish leader Nicola Sturgeon, whose nationalist government in Edinburgh wants to hold an independence referendum next year, was among the first to congratulate Sunak.

"I wish him well... notwithstanding our political differences," she said.

"That he becomes the first British Asian -- indeed the first from any minority ethnic background -- to become PM is a genuinely significant moment," she said.

- Abrupt end to contest -

The contest, triggered by outgoing leader Truss's resignation on Thursday, had required candidates to secure the support of at least 100 Conservative MPs by 2:00 pm (1300 GMT) on Monday.

Only Sunak made the threshold, Brady announced.

Sunak, a wealthy Hindu descendant of immigrants from India and East Africa, had crossed that threshold by Friday night, and amassed nearly 200 public nominations -- more than half the parliamentary Tory party.

Johnson's withdrawal from the race -- before he had even formally announced his candidacy -- left cabinet member Mordaunt the only other declared contender.

However she failed to garner the necessary support, putting an abrupt end to the contest.

- 'First British Asian PM' -

Sunak's victory came on the day Hindus worldwide mark the start of the five-day festival of Diwali -- a celebration of the victory of good over evil.

When he was chancellor of the exchequer, in November 2020, Sunak marked the occasion by lighting oil lamps on the front step of the chancellor's official residence at 11 Downing Street.

The Tories were forced into their second leadership contest since the summer due to Truss's resignation after only 44 days following a disastrous market response to her tax-slashing mini-budget.

Truss -- who pledged Sunak her "full support" -- had replaced Johnson in early September following a government revolt led by Sunak over a slew of scandals, most notably the "Partygate" controversy involving Covid lockdown-breaching parties.

Johnson's attempt to make an immediate return to Downing Street had raised the prospect of months of disarray and disunity within the ruling Conservatives.

Critical backbench Tory MPs warned there could have been a wave of resignations under Johnson's renewed leadership, which might have led to the general election demanded by opposition parties. One is not due for at least two years.

Johnson had cut short a Caribbean holiday to return to Britain on Saturday.

But in a sign of his diminished political standing, Johnson swiftly conceded late Sunday, admitting "you can't govern effectively unless you have a united party in parliament".

"I believe I have much to offer but I am afraid that this is simply not the right time," he said, while insisting he had secured the 100 nominations needed to progress.

Sunak was quick to pay tribute to Johnson, tweeting: "I truly hope he continues to contribute to public life at home and abroad."

- 'Profound crisis' -

Mordaunt had insisted she was best placed to take the fight to the opposition Labour party, which is soaring in the polls amid a cost of living crisis.

In an article in the right-wing Daily Telegraph, she also stressed her commitment to a "lower-tax, high productivity economy".

Sunak kept a lower profile during the contest, writing simply on his Twitter account that the country faced a "profound economic crisis".

"I want to fix our economy, unite our party and deliver for our country," he said.

Labour is demanding a general election now.

Anand Menon, politics professor at King's College London, said Sunak becoming prime minister was a landmark.

"To have, if we do, a prime minister of Indian origin is a really, really big deal," he told BBC television shortly before the result was confirmed.

He added that he was reassured by how little comment there had been about it.

"In a sense... we seem to have normalised this," he said.

T.Mason--TFWP