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
Image:

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 ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SPP warns MPs against changes to salary sacrifice pensions

SPP warns MPs against changes to salary sacrifice pensions

Society says scrapping salary sacrifice would lead to reduction in employees’ take home pay

Martin Richmond
clock 06 November 2025 • 4 min read
Bank of England holds interest rates at 4% as Autumn Budget looms

Bank of England holds interest rates at 4% as Autumn Budget looms

MPC members narrowly vote to hold rates at five votes to four

Michael Nelson
clock 06 November 2025 • 3 min read
News Digest: Reform pledges to end gold-plated public sector pensions

News Digest: Reform pledges to end gold-plated public sector pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 06 November 2025 • 1 min read
Trustpilot