NEURAMONEY

Bookie odds favor Rishi Sunak’s comeback amid turbulence for UK PM Liz Truss

London, Oct 16 (NM) British Prime Minister Liz Truss, just over a month into the job, is already seen as increasingly unlikely to ride out the turbulence within her own Conservative Party and the financial markets, with her former leadership rival Rishi Sunak the odds-on favourite to make a comeback for 10 Downing Street.

At the end of a tumultuous week in British politics which saw Truss sack her close friend and trusted aide Kwasi Kwarteng who was enforcing her own economic policies as Chancellor, the mutinous voices within the governing Conservatives continue to flag how Sunak had warned against much of the financial meltdown that would follow his rival’s unfunded tax-cutting policies.

The former British Indian Chancellor adopted a silent approach as he hosted two pre-scheduled parties at a central London hotel this week to thank his Ready for Rishi leadership campaign team and officials at the UK Treasury.

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