Economist Podcasts Third time’s the charm? Britain’s new prime minister
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Oct 25, 2022 Andrew Palmer, Britain editor at The Economist, offers sharp insights into Rishi Sunak's ascent as Britain's third prime minister in seven weeks. He discusses the political turmoil and economic hurdles Sunak must navigate while highlighting the significance of his leadership as Britain's first prime minister of Asian heritage. The conversation also dives into growing military influence in Mexico and its implications for democracy. Additionally, they explore ongoing challenges regarding women's rights and the cultural impact of nostalgic narratives in today's society.
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Sunak's Coronation
- Rishi Sunak becomes Britain's third prime minister in seven weeks after winning the Conservative Party leadership election.
- The opposition parties are demanding a general election, but Sunak is unlikely to call one immediately.
Sunak's Path to Premiership
- Sunak previously lost to Liz Truss in the summer leadership contest.
- Following Truss's resignation after a disastrous mini-budget, Sunak won after other contenders withdrew.
Sunak's Challenges
- Sunak's fiscal orthodoxy is a good short-term solution to reassure markets.
- However, his long-term prospects are uncertain due to party infighting and a looming cost of living crisis.
