Rishi Sunak to become Britain’s next prime minister

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<p>Conservative Party leadership candidate Rishi Sunak arrives at the campaign office in London, Monday, Oct. 24, 2022. Former British Treasury chief Rishi Sunak is frontrunner in the Conservative Party

PHOTO CREDIT: Aberto Pezzali - stringer, AP' src='https://biztimes.biz/wp-content/uploads/2022/10/63568f21a6ca8.image_.jpg'/>

Conservative Party leadership candidate Rishi Sunak arrives at the campaign office in London, Monday, Oct. 24, 2022. Former British Treasury chief Rishi Sunak is frontrunner in the Conservative Party's race to replace Liz Truss as prime minister. (AP Photo/Aberto Pezzali)

PHOTO CREDIT: Aberto Pezzali - stringer, AP

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Posted By: The Associated Press October 24, 2022

LONDON — Rishi Sunak has won the race to be leader of the Conservative Party and will become Britain’s next prime minister — the third this year.

The former Treasury chief will be Britain’s first leader of color, and faces the task of stabilizing the party and country at a time of economic and political turbulence.

His only rival, Penny Mordaunt, conceded and withdrew today.

As leader of the governing party, he will take over as prime minister from Liz Truss, who quit last week after 45 tumultuous days in office.