September 5, 2022
2 mins read

Why Rishi lost the race?

Several other MPs too switched sides. Meanwhile, Liz became stronger with her moves as the race progressed…reports Asian Lite News

Rishi Sunak had an advantage as he threw his hat early in the ring and was endorsed by four former chief whips, but within weeks, he started trailing behind the late-comer Liz Truss

Touted as the favourite initially for the race to Downing Street, Rishi Sunak started losing his spark midway. Sunak had a huge advantage as he threw his hat early in the ring and was endorsed by four former chief whips, but within weeks, he started trailing behind the late-comer Liz Truss in the UK prime ministerial race.

‘Ready for Rishi’

Hours after Boris Johnson announced his resignation, Sunak threw his hat into the ring with a campaign video titled ‘Ready for Rishi’. Even though it gave him the initial advantage, the act was a thorough mark of trust deficit in his boss and mentor.

Moreover, even as he gained massive support from his party at first, he started losing them including Sajid Javid, Nadhim Zahawi and then, finally, Mordaunt. Several other MPs too switched sides. Meanwhile, Liz became stronger with her moves as the race progressed.

Apart from that, even though Sunak became popularity shot up immediately after Johnson’s resignation, his image to be a backstabber was never forgotten.

Why did Sunak become unpopular?

Rishi Sunak’s image was permanently tainted when a video of his came into foray where he accepted that he took money from deprived urban areas. His comments, boasting of shifting money from “deprived urban areas” to fund projects in the Kent commuter belt sparked outrage, considering it cut across the UK government’s rhetoric about ‘levelling up’ Britain and spreading wealth beyond the south-east.

Things turned worse when reports claimed that his wife Akshata is wealthier than British Queen Elizabeth II with assets worth £430 million, according to Sunday Times Rich List. In fact, they were mentioned to be Westminster’s first billionaire couple, probably enjoying the largest fortune of any House of Commons family. Their finances came under scrutiny as Labour party called him to be more transparent regarding loans he took to fund his businesses.

The Guardian reported, Rishi was forced to explain details about how he managed his family’s fortune, which is said to total £730million. His fortune’s are derived from his marriage to Akshata Murthy, who owns a 0.93% stake worth £690m in Infosys.

Sunak comes in support of Truss

Hours after he lost the race, Sunak showed his support to Liz Truss. “It’s right we now unite behind the new PM, Liz Truss, as she steers the country through difficult times,” Sunak said on Twitter.

ALSO READ-No place for white men in Truss’ cabinet?

Previous Story

Modi congratulates Truss

Next Story

Truss joins club of women in power across Europe

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power

OPEC+ accelerates oil output hikes

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions. Eight OPEC+ nations have unexpectedly decided to accelerate their oil
Go toTop

Don't Miss

Jaishankar flags quarantine issue at meet with UK counterpart

Under new British rules unveiled last week, Indians who have

Youth Take Centre Stage at COP26

The day was co-chaired by YOUNGO, the Official Children’s and