Will Liz Truss's administration in britain fail?


Liz Truss became the prime minister of britain after an exciting election battle. Now within a month, it seems that she is unable to get out of the turmoil of the Conservative party and the financial markets. As a result, discussions have started on this in the speculative market. Rishi Sunak, who missed becoming the prime minister after losing to Liz Truss, is once again in the race. Speculators are betting that if such a situation prevails, then Rishi Sunak may be crowned.

Voices are beginning to rise within the Conservative party, who say that Sunak had already warned about the financial situation. However, this week, Sunak kept his silence on these topics when he hosted pre-scheduled events to express his gratitude to the team and other officials of his 'Ready for Rishi' leadership campaign.

Rishi Sunak's name is going ahead in the speculative market too

Quoting a friend of Rishi Sunak, 'The sunday Times' said that the former british Indian Chancellor is saddened by the situation. He said, 'All this should not have happened like this.' The 'odds aggregator' of 'oddschecker' bookies revealed that Rishi Sunak is the most preferred figure to replace 47-year-old Liz Truss. Sunak's team is eyeing the most notable political comeback in british politics. 

Rishi Sunak, who was leading in the race for the post of prime minister, lost to Liz Truss. Tory rebels are now considering the possibility that members of parliament give their full support to a single candidate rather than an outright leadership election. However, Rishi Sunak, a loyalist of former prime minister Boris Johnson, seems unlikely. Meanwhile, new Finance minister Jeremy Hunt told his party on sunday to stand firmly behind Liz Truss, as people do not want another change in leadership. Truss had handed this responsibility to Hunt after sacking his close friend and trusted aide Kwasi Kwarteng in the past. Kwarteng was implementing his own economic policies as finance minister.

For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

Will Liz Truss's administration in Britain fail?

S Venkateshwari

17/10/2022 06:31 AM