There will be no snap electionsSunak told Conservative MPs in the House of Commons shortly after his appointment as Conservative Party leader, and thus the UK’s next prime minister.

Mordaunt retreat – Mordaunt conceded defeat minutes before Sunak’s appointment was announced by Graham Brady, chair of the 1922 Committee, the body within the Conservative Party’s parliamentary group that oversees elections for leaders.

The minister is struggling to reach the maximum quorum of 100 endorsements among her fellow MPs, a quorum that would have allowed her to bring the Senak (capable of garnering around 200 nominations) to the polls ahead of her hardline member base, which she admitted in a letter that the UK and the Conservatives , in the third change of leaders in three years of parliamentary terms after Boris Johnson and Liz Truss, they face an “unprecedented” time. That is why she has pledged to help unite the party behind the new leader and “work together”: because “there is a lot of work to be done” to get the country out of crisis.

Mordaunt then said she was proud of her campaign, but not without praising her “feathery” qualities. Referring to the incoming prime minister’s origins, he hailed his rise as a sign of British Conservatives’ ability to foster “diversity and talent”.

The lost teacher in September – Sunak missed the end of Downing Street at the beginning of September, when he was voted the most by fellow MEPs in the race after Johnson’s resignation in the wake of Partigate and other scandals, only to be narrowly defeated on the ballot among registrants. By Truss: Then he collapsed in turn after only six weeks of premiership due to the financial and political earthquake unleashed by his first hyper-liberal measures of economic policy.

Who is Rishi Sunak? Rishi Sunak was born in Southampton to Indian parents: his father was a doctor, while his mother owned a pharmacy. After studying at a private institution, Sunak attended Oxford University, where he studied philosophy, politics, and economics and then obtained an MBA from Stanford, in the United States.

At the American University, Sunak met the woman who would become his future wife, Akshata Murti, the daughter of an Indian billionaire, with whom he would have two daughters. After working for Goldman Sachs, the future British Prime Minister worked for several investment funds. According to the rankings of The Times, Sunak and Morty are at number 222 in the list of the richest people in the UK, with a net worth of $875 million.

Political life – After entering Parliament in 2015, Sunak voted for Brexit in the 2016 referendum. His first government position was in the Executive under Theresa May, where he served as Parliamentary Under-Secretary for Local Authorities. After May’s resignation, he endorsed Boris Johnson’s nomination for prime minister. With Johnson’s establishment at 10 Downing Street, Sunak was appointed First Secretary of the Treasury, and later, Secretary of the Treasury.