The China Mail - Sunak appointed crisis-hit UK's first prime minister of colour

USD -
AED 3.672497
AFN 64.999972
ALL 80.585653
AMD 375.791585
ANG 1.79008
AOA 916.999445
ARS 1442.743964
AUD 1.428378
AWG 1.80125
AZN 1.699619
BAM 1.63073
BBD 1.99759
BDT 121.199993
BGN 1.67937
BHD 0.376966
BIF 2937.878074
BMD 1
BND 1.256097
BOB 6.853798
BRL 5.195042
BSD 0.991791
BTN 90.972914
BWP 13.053901
BYN 2.826126
BYR 19600
BZD 1.994755
CAD 1.35636
CDF 2239.999871
CHF 0.76763
CLF 0.02176
CLP 859.180375
CNY 6.95465
CNH 6.94304
COP 3654.71
CRC 492.76897
CUC 1
CUP 26.5
CVE 91.938449
CZK 20.302799
DJF 176.621406
DKK 6.23669
DOP 62.400727
DZD 129.174004
EGP 46.894302
ERN 15
ETB 154.208339
EUR 0.835255
FJD 2.197398
FKP 0.725629
GBP 0.725655
GEL 2.694977
GGP 0.725629
GHS 10.841008
GIP 0.725629
GMD 72.999872
GNF 8699.603919
GTQ 7.610051
GYD 207.50666
HKD 7.802055
HNL 26.174287
HRK 6.293598
HTG 130.072624
HUF 318.121995
IDR 16751.65
ILS 3.091755
IMP 0.725629
INR 91.897005
IQD 1299.292531
IRR 42125.000158
ISK 121.110096
JEP 0.725629
JMD 155.828021
JOD 0.708979
JPY 152.547977
KES 128.950442
KGS 87.450134
KHR 3988.06
KMF 412.000657
KPW 899.941848
KRW 1430.705023
KWD 0.30646
KYD 0.826534
KZT 499.672738
LAK 21370.831579
LBP 88817.729677
LKR 307.109297
LRD 183.48425
LSL 15.904281
LTL 2.95274
LVL 0.60489
LYD 6.260084
MAD 9.007158
MDL 16.722391
MGA 4452.467409
MKD 51.491409
MMK 2099.981308
MNT 3572.641598
MOP 7.969767
MRU 39.623294
MUR 45.089838
MVR 15.459343
MWK 1734.999749
MXN 17.17339
MYR 3.919009
MZN 63.760302
NAD 15.904348
NGN 1398.090296
NIO 36.497811
NOK 9.63423
NPR 145.555282
NZD 1.657785
OMR 0.384488
PAB 0.9918
PEN 3.324301
PGK 4.243486
PHP 58.766993
PKR 277.687885
PLN 3.51031
PYG 6647.795255
QAR 3.605665
RON 4.256798
RSD 98.055968
RUB 76.343302
RWF 1447.051908
SAR 3.750282
SBD 8.077676
SCR 13.901152
SDG 601.49797
SEK 8.83498
SGD 1.261565
SHP 0.750259
SLE 24.308119
SLL 20969.499267
SOS 565.813555
SRD 38.296986
STD 20697.981008
STN 20.429435
SVC 8.67807
SYP 11059.574895
SZL 15.899644
THB 31.120096
TJS 9.263678
TMT 3.5
TND 2.859918
TOP 2.40776
TRY 43.414401
TTD 6.744515
TWD 31.340398
TZS 2547.973974
UAH 42.574427
UGX 3541.129042
UYU 37.162416
UZS 11999.88327
VES 358.47615
VND 26065
VUV 119.671185
WST 2.725359
XAF 546.933926
XAG 0.008915
XAU 0.00019
XCD 2.70255
XCG 1.787476
XDR 0.68021
XOF 546.929366
XPF 99.437195
YER 238.391881
ZAR 15.896995
ZMK 9001.195628
ZMW 19.583189
ZWL 321.999592
  • CMSC

    0.0200

    23.8

    +0.08%

  • RBGPF

    0.0000

    82.4

    0%

  • VOD

    0.2700

    14.5

    +1.86%

  • NGG

    1.7300

    84.31

    +2.05%

  • RYCEF

    0.1500

    17.27

    +0.87%

  • AZN

    1.3700

    95.6

    +1.43%

  • BP

    0.8600

    37.62

    +2.29%

  • SCS

    0.0200

    16.14

    +0.12%

  • GSK

    0.4800

    50.8

    +0.94%

  • RIO

    2.4400

    92.91

    +2.63%

  • BCC

    -1.6600

    81.74

    -2.03%

  • RELX

    -1.1500

    38.36

    -3%

  • BTI

    1.3500

    60.34

    +2.24%

  • BCE

    0.3700

    25.52

    +1.45%

  • CMSD

    -0.0630

    24.097

    -0.26%

  • JRI

    -0.0500

    13.68

    -0.37%

Sunak appointed crisis-hit UK's first prime minister of colour
Sunak appointed crisis-hit UK's first prime minister of colour / Photo: © AFP

Sunak appointed crisis-hit UK's first prime minister of colour

Rishi Sunak on Tuesday became Britain's third prime minister this year and the first person of colour to lead the former imperial power, vowing to mend its stricken finances after Liz Truss lasted just 49 days.

Text size:

Sunak was set to speak outside 10 Downing Street after his appointment by King Charles III, capping the latest extraordinary twist in UK politics following Boris Johnson's demise in July.

Departing Downing Street a little before, Truss wished Sunak "every success" and said she remained "more convinced than ever" that Britain needed to be "bold" in confronting the challenges it faced.

Sunak became the ruling Conservatives' new leader on Monday after triumphing over rival contender Penny Mordaunt, who failed to secure enough nominations from Tory MPs.

It had become a two-way fight after Johnson dramatically aborted a comeback attempt late Sunday, having failed to persuade Sunak to share power. He has maintained a deafening silence since.

Sunak, a Hindu, is the first British-Indian prime minister and, at 42, the youngest leader in more than two centuries.

US President Joe Biden called the choice "groundbreaking", and vowed to reach out to Sunak shortly.

Sunak took power in a morning audience with Charles -- who anointed his first prime minister since ascending the throne following the death of his mother Queen Elizabeth II.

- 'Unite or die' -

Britain's Conservative-supportingmedia hailed Sunak's appointment.

"The force is with you, Rishi," ran The Sun's headline, in a reference to Sunak's love of "Star Wars" films. The Daily Mail called it "a new dawn for Britain".

But the left-leaning Guardian highlighted Sunak's warning to Conservative MPs that the party must "unite or die".

Truss left office as the shortest-serving premier in history, after a calamitous tax-slashing budget sparked economic and political turmoil.

The 47-year-old announced her resignation last Thursday, admitting she could not deliver her mandate from Conservative members -- who had chosen her over Sunak in the summer to replace Johnson.

Sunak has now staged a stunning turnaround in political fortunes, and vowed to do the same for Britain as it confronts decades-high inflation, surging borrowing costs and imminent recession.

He also faces the uphill task of uniting a party riven with divisions and infighting.

Iain Duncan Smith, a former Conservative leader, said MPs now understood the "existential threat" facing the Tories, and that they needed to unite or accept being "out of power for a long time".

- 'Difficult decisions' -

After delivering the now all-too-familiar new leader's speech, Sunak started appointing his top team before facing his first session of "Prime Minister's Questions" in parliament on Wednesday.

Finance minister Jeremy Hunt -- appointed by Truss just 11 days ago in a bid to salvage her premiership -- could remain in the role after stabilising the markets.

He endorsed Sunak on Sunday, writing in the Telegraph that he was a leader "willing to make the choices necessary for our long-term prosperity".

After reversing almost all of Truss's various tax cuts, Hunt has warned "difficult decisions" loom over public spending.

Whoever heads the Treasury is set to unveil the government's much-anticipated fiscal plans on October 31.

Sunak must also decide whether to appoint to his cabinet senior MPs who did not support him, such as Mordaunt, in a bid to unify his fractured party.

One unlikely to get a seat around the table is former boss Johnson, who was driven out in July partly thanks to Sunak's resignation.

On Sunday he announced he would not go forward with his audacious leadership bid.

- 'No mandate' -

Sunak, a wealthy descendant of immigrants from India and East Africa, is also facing calls for a general election after becoming the latest leader who lacks a direct mandate from the electorate.

Pollster Ipsos said Monday that 62 percent of voters want a vote by the end of the year.

"He has no mandate, no answers and no ideas," Labour's deputy leader Angela Rayner tweeted.

Ed Davey, leader of the Liberal Democrats, said young people would be "inspired" by the appointment of the first British-Asian leader -- but also insisted it was time for a general election.

"Given the Conservatives have trashed the economy... I guess one's not surprised that they're scared of the British public," he told Times Radio.

That appears unlikely as a flurry of polls show Labour with its largest lead in decades.

T.Wu--ThChM