Page 6 - Britain Pm

New PM Rishi Sunak pledges to lead Britain out of economic crisis

Several ministers sacked, Hunt to stay FM

Prime Minister Sunak: UK has come a long way from open racism

Rishi Sunak's wealth and the fact that he represents racial diversity, but not economic or class diversity, do not and cannot take away from the essential significance of his assumption to office

British Prime Minister-elect Rishi Sunak promises 'stability and unity'

Indian-origin Rishi Sunak, who will take over as Britain's prime minister from Liz Truss, on Monday promised stability and unity as his priority. The former chancellor, who won Tory leadership contest on Monday, is poised to walk through the door of 10 Downing Street in London after an audience with King Charles III in Buckingham Palace, which is likely to be on Tuesday. Besides being the first Hindu Prime Minister of Indian heritage, Sunak is also the youngest for around 200 years at 42 years. In his first address as Tory leader soon after the result was declared, Sunak said his priority would be to bring the country together and said he was "humbled and honoured" to get the greatest privilege of his life to give back to the country I owe so much. "The UK is a great country, but there is no doubt we face a profound economic challenge," said Sunak from the Conservative Party headquarters near Parliament in London. "We now need stability and unity and I will make it my utmost priori

UK crisis: The markets strike back

Liz Truss almost turned the UK into a distrusted emerging economy

Turmoil in Britain: Its political crisis is a self-inflicted wound

Govts should respect fiscal constraints as once confidence is lost in a country's institutions and political maturity, it cannot be easily regained

British PM removes Kwarteng as finance minister amid row over economic plan

Truss had been under intense pressure to scrap some of the £43 billion ($48 billion) in unfunded tax cuts that roiled financial markets and led the BoE to step in to prevent a wider economic crisis

Cutting taxes the right thing to do, both morally and economically: UK PM

''Will make difficult but necessary choices for economic growth''

Mishandled tax-cut announcement, acknowledges British PM Liz Truss

Traders drove to the pound to a record low in the aftermath of Kwarteng's fiscal statement, govt borrowing costs soared and the Bank of England to intervene to prevent a meltdown in the gilt market

UK PM Liz Truss has told staff she expects them to wear ties and smarten up

Newly elected UK Prime Minister Liz Truss has warned scruffy dressers will need to smarten up, as she looks to distance her image from her predecessor, Daily Mail reported

Liz Truss cancels key interview saying she couldn't 'spare the time'

Liz Truss, the frontrunner in the race to be the UK's next Prime Minister, has pulled out of a key interview which was due to air as she could "no longer spare the time"

Liz Truss leads the race for UK's next PM by 22 points, reveals survey

UK Foreign Secretary Liz Truss has gained as many as a 22-point lead over former chancellor Rishi Sunak in the race for becoming the next Prime Minister, according to latest Opinium Research survey

Sunak, Truss clash on tax plans ahead of debate in race to be Britain's PM

Former British Chancellor Rishi Sunak launched a fresh attack on the incumbent Foreign Secretary Liz Truss's plans for tax cuts ahead of the pair's next debate in their quest to become the UK's new PM

China 'largest threat' to Britain; has targeted India: Rishi Sunak

China represents the "largest threat" to Britain and the world's security and prosperity this century and there is evidence to suggest it has targeted countries from the US to India

Next British PM to decide fate of Tata Steel UK's demand for subsidy

Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat

UK's Sunak and Truss go through to final stage of leadership contest

Former British finance minister Rishi Sunak and Foreign Secretary Liz Truss on Wednesday made it through to the final stage of the leadership contest to replace Prime Minister Boris Johnson

First round of ballots to be cast in UK PM race as Sunak holds on to lead

358 Tory members of Parliament will cast first set of votes for their favourites and the shortlisted candidates will progress to the next round if they receive the backing of at least 30 colleagues

Eight contenders in race to succeed Boris Johnson as UK prime minister

The first round of voting among Tory lawmakers will be held on Wednesday and only those contenders who receive at least 30 votes can enter the second ballot

Race to replace UK Prime Minister Boris Johnson picks up momentum

The 58-year-old member of Parliament for Uxbridge and South Ruislip in London plans to stay in charge as caretaker Prime Minister until the process of electing his successor is completed

Beleaguered Boris Johnson resigns, to stay UK PM until new leader elected

'I want you to know how sad I am to be giving up the best job in the world,' Johnson said in a speech outside Downing Street

Top headlines: Johnson quits as UK PM; startup funding down 33% in June qtr

Bowing to the inevitable as more than 50 ministers quit and lawmakers said he must go, an isolated and powerless Johnson spoke outside his Downing Street to confirm he would resign