Financial TimesFinancial Times

Rishi Sunak: Ambitious pragmatist returns to take Tory leadership

By Henry Mance

24 Oct 2022 · 5 min read

Editor's Note

It's been quite a month for Rishi Sunak. Henry Mance of the Financial Times tells us how the former chancellor secured the biggest job in U.K. politics after initially losing out to Liz Truss.

Rishi Sunak has bungee-jumped back to the top of British politics. Just last month, his prospects plunged when he was soundly beaten to the Tory leadership by Liz Truss. He was banished from the cabinet and forced to deny rumours that he would leave Westminster altogether, perhaps to work in finance in the US.

But Sunak’s warnings about Truss’s unfunded tax cuts proved prescient more quickly than he could have expected. Having trounced rival candidates among Tory MPs, he is now on the brink of becoming prime minister.

Sign in to informed

  • Curated articles from premium publishers, ad-free
  • Concise Daily Briefs with quick-read summaries
  • Read, listen, save for later, or enjoy offline
  • Enjoy personalized content