Former British Finance Minister Rishi Sunak is set to become Britain's next Prime Minister after Penny Mordaunt dropped out of the Tory leadership race. Mordaunt said Sunak has her full support.
There were loud cheers and bangs on the tables from Conservative Members of Parliament as Sir Graham Brady announced they only received one nomination for the new leader of the party. He therefore declared Rishi Sunak to be the next party leader.
Sunak will become the UK's first British Asian Prime Minister. Forty-two-year-old Sunak becomes the Britain's third Prime Minister in less than two months as Boris Johnson and Liz Truss have resigned from their posts.
