Rishi Sunak is to become the new Prime Minister of the United Kingdom.
The former Chancellor of the Exchequer will succeed Liz Truss after he became the only remaining candidate in the latest Conservative leadership contest. Today his rival for the role, Penny Mordaunt dropped out of the contest.
The former Chancellor resigned from Boris Johnson's cabinet in the summer, providing the first blow in a chain of events that would eventually see the Prime Minister forced from office. Mr Sunak then finished as runner up in the race to succeed Mr Johnson, losing out to Liz Truss in a vote of the Tory membership last month.
