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https://www.wsj.com/articles/rishi-sunak-extends-lead-in-race-for-next-u-k-prime-minister-11666607256
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LONDON—Former Chancellor Rishi Sunak, who warned that Liz Truss’s economic plans for Britain were a “fairy tale,”
won the contest to succeed her as prime minister on Monday, taking over the world’s sixth-biggest economy at a time of deep financial and political turbulence.
Mr. Sunak will formally enter Downing Street after his only remaining rival for the job, former Defense Minister Penny Mordaunt, said she would drop out of the contest. Mr. Sunak is expected to meet with King Charles III to be formally appointed prime minister on Tuesday, government officials said.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.