Rishi Sunak has been named as the U.K.'s new prime minister and the country's first leader of color.
Britain's new Prime Minister Rishi Sunak is set to assume office Tuesday and, with it, one of the most daunting political in-trays in modern British history as he attempts to steer the country through an existing cost-of-living crisis, political and social disjuncture, and a looming recession.
The former finance minister was named leader of the Conservative Party — and therefore the country's next prime minister — on Monday, after his sole competitor, Penny Mordaunt, pulled out of the leadership race moments before the nominations deadline.
The 42-year-old will be officially installed in the role Tuesday morning by King Charles III, whom he will meet at Buckingham Palace after outgoing Prime Minister Liz Truss formally tenders her resignation to the monarch....