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Home » ‘Want to fix our economy’: Rishi Sunak formally announces candidacy for UK PM
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‘Want to fix our economy’: Rishi Sunak formally announces candidacy for UK PM

Business Circle TeamBy Business Circle TeamOctober 23, 2022Updated:August 21, 2025No Comments2 Mins Read
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‘Want to fix our economy’: Rishi Sunak formally announces candidacy for UK PM
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Indian-origin former chancellor of exchequer Rishi Sunak on Sunday declared his candidacy for the submit of Prime Minister of the UK. He stated Britain is a superb nation nevertheless it faces a profound financial disaster. “That’s why I’m standing to be Chief of the Conservative Social gathering and your subsequent Prime Minister. I need to repair our economic system, unite our Social gathering and ship for our nation,” he stated. 

Sunak has served because the finance minister underneath former PM Boris Johnson. He was the primary alternative of a majority of Conservative Social gathering MPs after Johnson resigned in July. Nonetheless, Liz Truss defeated him within the closing elections. She resigned on October 20, saying she will be able to’t ship the mandate. 

As we speak, Sunak stated the selection the ruling celebration makes will resolve whether or not the subsequent era of British individuals could have extra alternatives than the final. “That is why I’m standing to your subsequent Prime Minister and Chief of the Conservative Social gathering,” he stated. 

The Richmond (Yorks) MP additional stated that he served as chancellor, serving to to steer the economic system by means of the hardest of instances, and the challenges the nation faces immediately had been even higher. “However the alternatives – if we make the proper selections – are phenomenal,” he added. 

The UK is a superb nation however we face a profound financial disaster.

That’s why I’m standing to be Chief of the Conservative Social gathering and your subsequent Prime Minister.

I need to repair our economic system, unite our Social gathering and ship for our nation. pic.twitter.com/BppG9CytAK

— Rishi Sunak (@RishiSunak) October 23, 2022

Sunak headed the finance ministry at a time when the world was dealing with the specter of Covid. He served as chancellor of the exchequer from February 2020 to July 2022. 

Within the assertion, he stated he has a monitor document of supply, a transparent plan to repair the largest issues, and can ship on the promise of the 2019 manifesto. 

The subsequent prime minister is to be elected by October 28. This time, Sunak is predicted to face his former boss Boris Johnson, who has already introduced his bid for 10 Downing Avenue – the official residence of the Prime Minister. 

 





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