Sunak still faces a 'fraught' economic outlook for the UK

The industry has reacted to the incoming prime minister

Valeria Martinez
clock • 3 min read
Rishi Sunak is replacing Liz Truss, who resigned last week
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Rishi Sunak is replacing Liz Truss, who resigned last week

The next prime minister Rishi Sunak will enjoy a honeymoon period and a relief rally in the markets as he takes on the role today (25 October), but experts have warned that it may be short-lived.

The former chancellor has been successful in his bid to become the new Conservative Party leader and thus next prime minister, replacing Liz Truss, who resigned on 20 October after just 44 days in ...

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