Wednesday, October 26, 2022

RISHI SUNAK AND HIS CHALLENGES


 Britain has got its third Prime Minister in this year in Rishi Sunak. He is 42 and had been a frontrunner after Boris Johnson resigned. With a career in financial services he is highly expected to clear away the economic mess Britain has been reeling under. He has to win back market's confidence. Taxation policy is the main thing he has to work on as it was one key cause of his predecessor Liz Truss' downfall. Tax cuts ought to be streamlined. Public spending must be curtailed. These are the prime focus for maintaining the financial health of the country and these are not easy to administer. Creation of jobs will be challenging. His opponents in the Labour and in the Liberal parties are already crying foul over his intentions to think about the common folks .


On political front his main thrust should be to keep his party in order which has been apparently in disarray. He got support from over a 100 colleagues. Some who don't have good opinion of him describe him backstabber who cheated Boris Johnson- the man who brought him in the front and made him the Chancellor of the Exchequer. Rishi Sunak has a tightrope walk ahead in keeping his house in order. The general election is in 2025. Few MPs also raised voice for convening the election. 



On a lighter note a day after Rishi Sunak assumed the top post , a fox was seen walking past the 10 Downing Street. What to make of it...?? 

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