New Delhi 25 October 2022

As per news report of NDTV, Mr Sunak became the leader of the Conservatives yesterday after his former boss Boris Johnson called off his comeback bid and rival Penny Mordaunt failed to secure enough backing from Tory MPs. At 42, Mr Sunak will be the youngest Prime Minister of the UK in over two centuries. He succeeds Liz Truss who faced a humiliating exit within two months after her tax-cutting plans backfired. He inherits an economy that was headed for a recession even before Truss's tax-cutting budget sent shockwaves through the market, crashing the pound.

Source - NDTV

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