Former UK finance minister Sunak bids to replace PM Johnson

LONDON, July 9 ― British former finance minister Rishi Sunak said yesterday he was running to replace Boris Johnson, three days after helping to launch the cascade of resignations that brought the prime minister down.

“Someone has to grip this moment and make the right decisions. That's why I'm standing to be the next leader of the Conservative Party and your prime minister,” Sunak said in a campaign video released on Twitter. The rules and timetable for the contest to replace Johnson are due to be set out next week by a party committee.

Sunak's popularity with Conservative lawmakers was later dented after he raised payroll taxes in April to fund higher health and social care spending, and announced plans to raise corporation tax sharply in 2023.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former UK finance minister Sunak bids to replace PM JohnsonLONDON (Reuters) -Former British finance minister Rishi Sunak said on Friday he was running to replace Boris Johnson after Johnson announced the previous day that he would stand down as prime minister .
Source: staronline - 🏆 4. / 75 Read more »

Former UK finance minister Sunak wins fourth round leadership contest voteLONDON, July 19 — Former British finance minister Rishi Sunak won the fourth round of voting in the contest to replace Prime Minister Boris Johnson today. Lawmaker Kemi Badenoch... RishiSunak for UK
Source: malaymail - 🏆 1. / 86 Read more »