Sunak will be Britain’s first leader of color, and the nation’s third leader just this year.
LONDON — Former Treasury chief Rishi Sunak is set to become Britain’s first prime minister of color after being chosen Monday to lead a governing Conservative Party desperate for a safe pair of hands to guide the country through economic and political turbulence.
Sunak will be the first British prime minister with South Asian roots and its first Hindu leader — a milestone for a country with an extensive colonial past, and one that is still contested. Truss conceded last week that she could not deliver on her plans — but only after her attempts triggered market chaos and worsened inflation at a time when millions of Britons were already struggling with soaring borrowing costs and rising energy and food prices.
Britain also faces broader economic problems stemming from the pandemic, the war in Ukraine and the country’s exit from the European Union in 2020. Sunak was a firm supporter of Brexit. He takes the reins after Truss’ proposal for aggressive tax cuts that would be paid for through government borrowing pummeled the value of the pound, drove up the cost of government borrowing and home mortgages, and forced emergency Bank of England intervention. Truss executed a series of U-turns and replaced her Treasury chief but faced rebellion from lawmakers in her party that obliterated her authority.
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