Rishi Sunak is Britain’s next leader after Mordaunt removed herself from the race
It’s official, Rishi Sunak will become the next prime minister of the United Kingdom.
Sunak was met with a round of applause when arriving at Conservative Party HQ in Westminster.
He is the third prime minister the country has seen in just three months, following Boris Johnson and Liz Truss’ resignations.
Chairman of the Committee of Conservative MPs, Sir Graham Brady, announced the victory.
Sunak has pledged his commitment to the United Kingdom.
Sunak says he is “humbled and honoured” to have the support of his fellow MPs and be elected leader.
“It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much to.”
A big job lies ahead for the new PM
He has the responsibility of steering a deeply divided country through an economic downturn and political unrest.
But Sunak has vowed to get Britain back on track.
“The United Kingdom is a great country but there is no doubt we face a profound economic challenge. We now need stability and unity and I will make it my utmost priority to bring our party and our country together.”
rishi sunak, uk Prime Minister
He is the country’s first non-white PM. But more importantly, he’s already calming a lot of nerves about the economy and where this country is headed.
Confidence in his Conservative Party is low right now.
The economy is top of mind here. There’s a cost of living crisis and inflation is over 10 per cent. But Sunak might be the best positioned to tackle the financial turmoil.
He’s the former finance minister, he’s been very clear about his planned policies for taxes and growth, and just look at the markets: today’s news has rallied the British stock exchange and the pound.
Labour says that three Prime Ministers in this short time is a sign that the conservative party doesn’t have things together – they’re calling for a new general election to let the voters decide what the balance of power looks like in Parliament.
That’s unlikely to happen though. Rishi Sunak should have the keys to 10 Downing Street in the next 24 hours.
Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.
TikTok CEO Shou Zi Chew testified in Washington D.C. on Thursday.
The hours-long fiery hearing on Capitol Hill was incredibly tense as Chew was grilled by both Republicans and Democrats.
With bipartisan support, both parties are pushing for a nationwide ban on the app which the FBI has said threatens the national security of the United States.
TikTok says it has 150 million America users – almost half the country.
The CEO gave testimony to try and reassure lawmakers and Americans that TikTok is not an agent of the Chinese Communist Party, but critics aren’t convinced.
Chew was bombarded with questions from representatives from both sides of the aisle about the company’s ties to the CCP, security, data storage, well-being, and mental health.
Many lawmakers are growing increasingly frustrated with the lack of answers from the company.
Congress is now weighing a nationwide ban on the popular social media platform amid concerns that it is used to harvest Americans’ information and harm children online.
Protestors blocked a terminal at an airport and sat on train tracks
The ongoing nationwide protests in France over plans by the government to raise the retirement age by two years saw another day of disruption – events which President Emmanuel Macron has recently compared to the storming of the U.S. Capitol by Donald Trump supporters two years ago.
Protestors blocked a terminal at Paris’s Charles De Gaulle airport.
Protesters also sat on train tracks, and reportedly triggered a brief fire in the yard of a police station in once city.
Protests have been mostly peaceful, but tear gas has been used against them on occasions.
The plan is to raise the retirement age from 62 to 64.
For comparison, the U.S. is slowly raising its retirement age to 67 and the UK plans to go to 68.
Polls have long shown that a majority of voters in France oppose the move.
Macron earlier in the week said he was standing firm on the law and that it would come into effect by the end of the year.
The government says the change is needed to keep pension budgets from running a deficit – failure would create an annual deficit of about $14 billion by 2030.
The move prompted Republicans in Congress to interfere with the course of justice
Manhattan prosecutors say Donald Trump has misled people to expect he would be arrested, prompting Republicans in Congress to interfere with the course of justice.
A probe is currently under way into his alleged hush-money payment to porn star Stormy Daniels.