Rishi Sunak

Rishi Sunak (born 12 May 1980) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2022 to 2024. Following his defeat to Keir Starmer's Labour Party in the 2024 general election, he became Leader of the Opposition, serving in this role from July to November 2024. He previously held two Cabinet positions under Boris Johnson, latterly as Chancellor of the Exchequer from 2020 to 2022. Sunak has been the Member of Parliament (MP) for Richmond and Northallerton, previously Richmond (Yorks), since 2015.

Sunak was born in Southampton to Indian parents who immigrated to Britain from East Africa in the 1960s. He was educated at Winchester College and then studied philosophy, politics and economics at Lincoln College, Oxford, and earned a Master of Business Administration degree from Stanford University in California as a Fulbright Scholar. During his time at Oxford, Sunak joined the Conservatives. After graduating, he worked for Goldman Sachs and later as a partner at two hedge fund firms. Sunak was elected to the House of Commons at the 2015 general election. As a backbencher, he supported the successful campaign for Brexit in the 2016 European Union membership referendum. He was appointed to the junior ministerial position of Parliamentary Under-Secretary of State for Local Government by Theresa May in 2018 and was appointed to the cabinet-attending role of Chief Secretary to the Treasury by Johnson in 2019.

In 2020, Sunak was promoted to Chancellor of the Exchequer. During his time in the post, Sunak was prominent in the government's financial response to the COVID-19 pandemic and its economic impact, including the furlough and Eat Out to Help Out schemes and the cost-of-living crisis. As chancellor, Sunak received high approval and popularity ratings in the early stages of the pandemic, although his popularity later declined amid the cost-of-living crisis of 2022. He resigned as chancellor in July 2022 amid a government crisis, and lost the subsequent party leadership election to Liz Truss that September. After spending the whole duration of the premiership of Liz Truss on the backbenches, Sunak was elected unopposed in the leadership election to succeed Truss the following October; aged 42 at the time he became prime minister, Sunak became the youngest prime minister since the Earl of Liverpool in 1812.