Rishi Sunak

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Rishi Sunak

Chancellor Rishi Sunak (cropped).jpg
Official portrait, 2020
Chancellor of the Exchequer
In office
13 February 2020 – 5 July 2022
Prime MinisterBoris Johnson
Preceded bySajid Javid
Succeeded byNadhim Zahawi
Chief Secretary to the Treasury
In office
24 July 2019 – 13 February 2020
Prime MinisterBoris Johnson
Preceded byLiz Truss
Succeeded bySteve Barclay
Parliamentary Under-Secretary of State for Local Government
In office
9 January 2018 – 24 July 2019
Prime MinisterTheresa May
Preceded byMarcus Jones
Succeeded byLuke Hall
Member of Parliament
for Richmond (Yorks)
Assumed office
7 May 2015
Preceded byWilliam Hague
Majority27,210 (47.2%)
Personal details
Born (1980-05-12) 12 May 1980 (age 42)
Southampton, England
Political partyConservative
Spouse(s)
Akshata Murty (m. 2009)
Children2
Relatives
EducationLincoln College, Oxford (BA)
Stanford University (MBA)
Websiterishisunak.com

Rishi Sunak (born 12 May 1980) is a British politician. In February 2020, he became the Chancellor of the Exchequer.[1] He is a member of the Conservative Party and has been a Member of Parliament (MP) for Richmond (Yorks) since the 2015 general election. Sunak resigned as Chancellor of the Exchequer on 5 July 2022 in protest of Boris Johnson's government, causing a government crisis.

In July 2022, Sunak announced his candidacy for Leader of the Conservative Party in the 2022 leadership election.[2]

Early life

Sunak was born in Southampton to Indian parents. Sunak was educated at Winchester College. He later studied at Lincoln College, Oxford, and later went to Stanford University as a Fulbright Scholar. After graduating, he worked for Goldman Sachs.

Political career

Sunak was elected for Richmond (Yorks) at the 2015 general election. He was in Theresa May's second government as Parliamentary Under-Secretary of State for Local Government. He voted three times in favour of May's Brexit withdrawal agreement. After May resigned, Sunak was a supporter of Boris Johnson's campaign to become Conservative leader.

After Johnson was elected, he appointed Sunak as Chief Secretary to the Treasury. Sunak replaced Sajid Javid as Chancellor of the Exchequer after his resignation in February 2020.

Chancellor of Exchequer

As Chancellor, Sunak was known for the government's economic response to the economic problems from the government's decision to lockdown to deal with the COVID-19 pandemic in the United Kingdom.

In April 2022, he became the first Chancellor in British history to have been sanctioned for breaking the law while in office for breaching COVID-19 regulations during lockdowns. He resigned as Chancellor on 5 July 2022, for problems he had with Johnson's leadership.[3]

2022 Conservative leadership election

On 8 July 2022, he announced his candidacy to replace Johnson in the upcoming Conservative party leadership election.[2] On 20 July 2022, after coming in first in the first five rounds of the election, Sunak advanced to the final round of the election and will face Liz Truss.[4]

References

  1. Heffer, Greg (18 February 2020). "Budget 2020 to remain on 11 March, new Chancellor Rishi Sunak confirms". Sky News. Retrieved 18 February 2020.
  2. 2.0 2.1 "Ex-Chancellor Rishi Sunak launches bid to be Conservative leader". BBC News. 8 July 2022.
  3. Media, P. A. (5 July 2022). "Rishi Sunak and Sajid Javid's resignation letters in full". The Guardian. Retrieved 6 July 2022.
  4. "Liz Truss and Rishi Sunak will go head-to-head in the race to become the UK's next prime minister". CNBC. Retrieved 20 July 2022.

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