UK faces profound economic crisis, says new PM Rishi Sunak

Dhaka: Rishi Sunak has become Britain’s new and third Prime Minister within 50 days, after Liz Truss and Boris Johnson were forced to resign.

In his first speech as PM, Sunak promised to unite the nation “facing a profound economic crisis”.

The 42-year-old is the UK’s first Prime Minister of colour and the first Hindu to lead the country.

A former chancellor with enormous personal wealth, he has been appointed by King Charles to form his government.

Sunak was born in 1980, in the port city of Southampton. His parents had immigrated to the UK from East Africa in the 1960s. He attended Winchester College, a private school, then studied philosophy, politics and economics at Oxford.

He worked for investment bank Goldmach Sachs.

In 2009, he married fashion designer Akshata Murthy, the daughter of Indian billionaire N R Narayan Murthy.

Since 2015, he has been a Conservative MP. In 2020, he was appointed chancellor of the exchequer before quitting in July 2022.

On October 25, he became the UK’s Prime Minister.

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