
Former UK Treasury chief Rishi Sunak won the race to become the new prime minister on Monday, the third since the summer and the nation’s first non-white leader.
Sunak won the latest leadership battle after his only remaining rival, Leader of the House of Commons Penny Mordaunt, conceded and withdrew.
“Rishi has my full support,” Mordaunt said in a concession statement.
Sunak will now be invited by King Charles III to form a government.
The results of the race will make the multi-millionaire former hedge fund boss Britain’s first non-white leader and the first Hindu to take the top job.
At 42, he’s also the youngest prime minister in more than 200 years, a political prodigy dubbed “Dishy Rishi” thanks to his youthful looks, sharp suits, and smooth, confident manner.