Rishi Sunak’s warnings about Truss’s economic plans have been largely borne out, which gives him credibility with markets.
With UK’s beleaguered Prime Minister Liz Truss resigning, Conservative MP and Northern Ireland minister Steve Baker has said that former British Chancellor of Indian-origin Rishi Sunak will make a good Prime Minister.
“I feel the country needs a change of direction… Rishi would be a good Prime Minister… We have a number of people in the party who could be good Prime ministers,” Baker told ITV’s Peston.
With just 45 days in office, Truss resigned on Thursday, saying she would remain as Prime Minister until a successor had been chosen, which she said would happen within a week.
Speaking outside 10 Downing Street office, Truss accepted that she could not deliver the promises she made when she was running for Conservative leader, having lost the faith of her party.
“I recognise though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to notify him that I am resigning as leader of the Conservative Party,” she said.
Barely two months after losing to Liz Truss in the race for UK Prime Minister, Sunak has once again been emerging as the favourite to replace her with 100 Tory MPs considering a no-confidence motion against her.
A YouGov poll of Tory members found that 55 per cent would now vote for 42-year-old Sunak if they were able to vote again, while just 25 per cent would vote for Truss.
According to a Bloomberg report, Conservative MPs are utterly divided over who should take over.
“Rebellious Conservative MPs are destroying the capacity for the party to govern,” Baker told ITV Peston and instead, asked the MPs to do it privately.
Sunak’s warnings about Truss’s economic plans have been largely borne out, which gives him credibility with markets.
“Yet he has large numbers of enemies in the Tory party. There are about 100 MPs on the ideological right of the party — including ardent Brexiteers and supporters of Johnson — who are determined to prevent a Sunak premiership,” the Bloomberg reported.
An MP had said earlier that they are backing “ABSOM” — Anyone But Sunak Or Mordaunt.
Sunak is also blamed for triggering former PM Boris Johnson’s downfall. One minister warned that opting for Sunak would lead to even more Tory infighting, Bloomberg reported.
Chancellor of the Exchequer Jeremy Hunt is also seen as a PM contender. But he told Sky News he had ruled out ever becoming prime minister for family reasons.