Rishi Sunak is UK’s next prime minister after winning the Conservative Party leadership contest
In a brief statement, he warns the country faces “profound economic challenges”
Sunak will become UK’s first British Asian PM and at 42, the youngest leader in more than two centuries
Immediately after being selected by Tory MPs he ruled out an early general election and warned his party they had to “unite or die”
The ex-chancellor who oversaw the nation’s finances during the Covid pandemic was the only contender to gain enough support from MPs
His rival Penny Mordaunt dropped out of the race in the final minutes before nominations closed
Labour says Sunak will become another Tory PM chosen without a mandate from voters
The party repeated calls for a general election, echoed by the Scottish National Party, the Liberal Democrats, and the Green Party
BBC