Rishi Sunak is a favourite among the top betting bookmakers.
Liz Truss’ Conservative government finally fell, as the former Prime Minister announced her resignation to the public on Thursday, October 20, 2022. Thus, re-opening the door for Rishi Sunak to compete for PM again.
So, is the front-runner of the Conservative leadership election, Rishi Sunak, worthy of heading the Conservative government into a successful reign in office as Prime Minister?
On September 5, 2022, Liz Truss was announced as the new Conservative Prime Minister following a leadership election, knocking out competitor Rishi Sunak in the narrow leadership election.
The former Chancellor Sunak was part of the two remaining candidates in the deciding vote of leadership.
With this new turn of events, the public will be questioning if it will be Mr Sunak to inherit 10 Downing Street next, or will Boris Johnson’s likeability among Tory MPs bring him back into the hot seat.
The question on the mind of considerable individuals tonight will be, what does a Sunak led government mean for British politics?
In Liz Truss’s resignation speech, it was confirmed that a leadership race will commence.
“We have agreed that there will be a leadership election to be completed within the next week… I will remain as Prime Minister until a successor has been chosen.”
Considering recent developments, Indian-heritage Sunak’s ambitions to enter office have been fortified.
The former Chancellor advised against Truss’ economic proposals to cut rates of tax which could disrupt the economic market on a global scale.
When Sunak was eventually replaced by sacked former Chancellor Kwasi Kwarteng, the Conservative frontrunners’ warnings came to light.
As the markets reacted negatively and the pound plummeted, Sunak was granted significant confidence and support by Conservative party members.
Then subsequent to Kwarteng’s public resignation, former Home Secretary Suella Braverman also resigned from Truss’ cabinet office.
Braverman, nicknamed “Cruella Braverman” by political commentators on social media, criticised Liz Truss, saying:
“Pretending we haven’t made mistakes, carrying on as if everyone can’t see that we have made them, and hoping that things will magically come right is not serious politics.
“I have made a mistake, I accept responsibility; I resign.”
This added more shockwaves to an unstable Conservative party thanks to Truss’s economics and baffling belief that growth would come out of the fiscal changes made.
The fall of Liz Truss has illustrated the considerable issues within the former cabinet, aside from the plummeting economy.
As the runner-up of the previous leadership election, it would be to Sunak’s advantage to enter office and prove his worth to the British public, ongoing the incompetence shown in British politics in the 45 days of Truss’s reign.
Sunak’s worth will lay in his ability to restore financial stability and unite the Conservative government to lead the country to success.
In his leadership election speech, the former Chancellor described inflation as “the enemy which makes everyone poorer.”
The former Chancellor Exchequer, Sunak’s experience in the financial sector provides legitimate reasoning that as Prime Minister, he has the credibility to decrease inflation, and deliver a sustainable financial plan for the UK.
Rishi Sunak is a favourite among the top betting bookmakers.
Shortly after the former Prime Minister’s resignation speech, a spokesperson from Betfair commented: “Rishi Sunak is 11/10 favourite to take the top job.”
Sunak’s support is endorsed by former Health Secretary, Matt Hancock, who said:
“He’s got the plan, the character, and the experience to deliver for the country, and win the next election.”
Rishi Sunak has received notable encouragement from Conservative MPs. However, will Boris Johnson’s mulling return as a second attempt into office discourage Sunak’s ambitions?
How true are the alleged betrayal allegations against Sunak towards Johnson?
It was reported that during the leadership election preceding Liz Truss’ momentary time in office, former Prime Minister Boris Johnson informed his inner circle to support “anyone but Rishi Sunak” as his successor to 10 Downing Street.
Both Johnson and Sunak will be competing to lead the British government.
With Johnson still facing scrutiny from the public in the aftermath of the Party Gate scandal, Sunak could provide a dynamic, problem-solving approach to the current political climate of the UK.
Notably, Sunak has received considerable support from those of Indian descent due to his background being high profile in British politics.
Whilst some have focused on their patriotism to cheer the former Chancellor on, others believe that Sunak is the answer to aligning British and foreign interests with its first Prime Minister of a non-white background.
As a supporter of increasing business prospects in the UK, the former Secretary for the Department of Business, Energy and Industrial Strategy, Sunak believes in utilising relationships with foreign business traders and internationals who can provide key skills to the UK economy.
With the odds in Sunak’s favour, the early supporter of Brexit would be the first Prime Minister of colour to enter 10 Downing Street.
Does this significant moment in history answer if Sunak is worthy of leadership?
In July 2022, in a viral video, a young Sunak is heard narrating the background of his friends at the UK’s most elusive higher educational establishment, The University of Oxford. He is heard saying:
“I have friends who are aristocrats, I have friends who are upper class, I have friends who are, you know, working-class.” Before adding: “Well, not working-class”.
The fiscal standpoint of Sunak’s past and present still fuels debate among voters with the cost of living in the UK still rising.
So, will Rishi Sunak’s likeability affect his pursuit of being a worthy leader of the British government in its current turmoil? Or can Sunak’s foreshadowing of Truss’ failures precede the likeability politics of party leaders to encourage a Conservative government led by Rishi Sunak?
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