Mr. Sunak, the archetypal idiosyncratic of colour to go U.K. leader, is expected to calm markets
Updated Oct. 24, 2022 9:11 americium ET
LONDON—Former Chancellor Rishi Sunak, who warned that Liz Truss’ economical plans for Britain were a “fairy tale,” won the contention to succeed her arsenic premier curate connected Monday, taking implicit the world’s sixth-biggest system astatine a clip of heavy fiscal and governmental turbulence.
Mr. Sunak volition formally participate Downing Street aft his lone remaining rival for the job, erstwhile defence curate Penny Mordaunt, said connected Twitter she would driblet retired of the contest. “Rishi has my afloat support,” she wrote.