After a period of chaos, Mr. Sunak, a Conservative, faces serious political and economic headwinds. He will be the first person of color and first Hindu to be prime minister.
Tag: Inflation (Economics)
Rishi Sunak Will Face Difficult Economic Tests Immediately
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.
Rishi Sunak will face difficult economic tests immediately.
As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.
As Inflation Stalks Europe, Leaders Shudder
The downfall of Britain’s prime minister served as a warning to all of the political peril that awaits those who fail to address the erosion of living standards, no matter the cause.
What Happened With Liz Truss in Britain? A Guide to the Basics.
A little over six weeks into her leadership, the British prime minister said she would resign.
Liz Truss’s Quick Resignation Spurs Anger and Bewilderment Among Britons
Prime Minister Liz Truss’s resignation, yet another episode of political instability, only added to concerns over galloping inflation and a looming economic crisis.
Read Liz Truss’s Resignation Speech
“I cannot deliver the mandate on which I was elected by the Conservative Party,” she said in a televised statement on Thursday.
What Happened With Liz Truss in Britain? A Guide to the Basics.
A little over six weeks into her leadership, the British prime minister said she would resign.
The Two Inflation Crises
Why Europe’s inflation crisis is different from America’s.
Bread Prices Skyrocket as Inflation Grips Europe
The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production.