The chairman of the Conservative Party Committee officially announced the election of Rishi Sunak as party leader, and then prime minister, succeeding Liz Terrasse, who had resigned. in precedence. Mordaunt withdrew from running for leadership of the British Conservative Party after not garnering enough votes for the party’s MPs, as she was reported to only get 25 votes, while Sunak garnered the votes of 194 MPs.
Later, Mordaunt conceded defeat to Sunak in the Downing Street race. “Now we have decided who will be our next prime minister,” said Penny Mordaunt in a note, “This decision is a historic decision and once again demonstrates the diversity and talent of our party.” He added, “My Rishi has my full support. We all owe the country and Rishi to unite and work together for the good of the nation. There is a lot of work to be done.” And in the past few hours, Sunak’s hand has been tilted, especially after former Prime Minister Boris Johnson withdrew from the election.
Terrace stepped down Thursday after 45 turbulent days on the job, acknowledging that she could not deliver an awkward economic package to cut taxes, which she was forced to drop out after sparking outrage within her own party and agitating financial markets for weeks. Sunak, who served as Chancellor of the Exchequer from 2020 until this summer, led the economy in British crisis during the coronavirus pandemic. He resigned in July to protest Johnson’s leadership.