Rishi Sunak becomes next PM as Truss fails to deliver on economic relief
By Gauri Patel | Nov. 7, 2022Prime Minister Liz Truss announced her resignation after a short 44 days in office, the shortest tenure in the last 300 years of British history, according to AP. Her term was marked by economic turmoil after the introduction of her tax cut plan aimed at the highest earners and biggest corporations in the country, rocking financial markets and resulting in rebellion within her own Conservative party. Former finance minister under Boris Johnson’s premiership, Rishi Sunak, is set to take over as the leader of the Conservative Party.
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