London October 24 2022: Seven weeks after losing to Liz Truss in this year’s first Tory leadership contest, Rishi Sunak has emerged victor in this one.
He is set become the UK’s first British Asian prime minister, and will take office as the UK faces enormous economic challenges.
Earlier, Penny Mordaunt has pulled out of the contest to lead the Conservative Party.
The room here in parliament where Sir Graham Brady had been about to announce the results of the nominations fell silent a few minutes ago as MPs and journalists heard the news that Penny Mordaunt had conceded.
Some Rishi Sunak supporters looked pleased, unsurprisingly.
