Now the hard times begin for Rishi Sunak

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A critical test of the new multi-millionaire prime minister is October 31, when the government’s medium-term budget plan should be presented

of Athena Papakosta

Unopposed… the winner is Rishi Sunak who takes over the reins of the United Kingdom and is called upon to bring solutions to get the country out of political and economic vertigo.

It was a short pre-election period in introductions. It lasted only four days and the potential candidates had gone out early to hunt… allies, behind closed doors. This “menu” of succession in the leadership of the suffering Tories who have been in power for 12 years had no pre-election speeches, no debate.

Rishi Sunak has dared to claim the leadership of the Conservative party again without opening his cards on how he will govern the United Kingdom. Points of his plan for the future of the country he had outlined during his first attempt to lead. However, the scene has changed since then.

Liz Truss has come and gone in just seven weeks since her first day in office, and if there were problems before, they have now become a mountain.

Britain now faces a toxic economic mix. On the one hand the fiscal “black hole” of 40 billion pounds and on the other consumers who are experiencing ever-increasing costs while their income is reduced due to inflation which has now exceeded 10%. Britain’s credibility in the international markets has already taken a hit since his predecessor’s policies, and especially what his bumper budget provided, scared even the coldest, forcing the Bank of England to intervene.

A critical test of the new multi-millionaire prime minister is October 31 when the government’s medium-term budget plan is due to be presented, with vulnerable households pushing for relief measures and unions threatening. There is no grace period. The ongoing war in Ukraine is pressing. Britain lives with the threat of energy sufficiency and the risk of blackouts.

Sunak promises integrity, professionalism and responsibility. He has served as finance minister in the Johnson government. He raised taxes to the highest level since the 1960s, promised discipline and implemented spending cuts. During the summer election campaign for the Tories he criticized the Truss agenda of cutting taxes, stressing that he would only cut them if inflation was brought back under control. Tras’s choices vindicated him and now he is called upon to fix the broken. But they are not the only ones…

The Tories are divided and he needs to unite them to govern. His task becomes more difficult since present in this attempt will be Boris Johnson himself who is lurking and his supporters who will be waiting for him in the corner.

Rishi Sunak has not been elected by his MPs, party members or the British people. This means that the opposition will continue to invest in the constant demand for elections. After all, Labor is leading in the polls and the momentum for an appeal to the polls is on their side. For starters, he himself must survive until the next election. “We must unite or die”, he emphasized yesterday during his first statements as the third leader of the party within a period of three months.

Challenges also include foreign policy with an emphasis on the war in Ukraine, immigration where everyone is waiting to hear what he will do as well as the Northern Ireland protocol issue which requires a solution by next Friday.

Yes, the task is difficult for the country’s 57th prime minister, the first of Indian origin and a non-Christian. For the British Media Rishi Sunak was a prime minister in waiting, for the Tories he is their third leader in a short time and for the British people another prime minister they did not vote for.

The Sunak era in the UK begins and he declares that this is his opportunity to serve the party he loves and repay the country what it owes. To the question of whether he will succeed, analysts answer by holding a small basket…

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