Rishi Sunak is set to inherit one of the most daunting in-trays in recent British political history with the economy facing a long recession, “eye wateringly” difficult decisions on government spending and a deeply divided Conservative party.
The former chancellor is poised to become Britain’s fifth prime minister in six years after Boris Johnson pulled out of the Tory leadership contest last night and more and more Conservative MPs backed him ahead of Penny Mordaunt.
