UK Prime Minister Rishi Sunak marks 100 days in office, twice the number of days of his predecessor Liz Truss. The first 100 days of Rishi Sunak were much more eventful than anticipated. Rishi Sunak’s entry in the Downing Street was loosely followed by the chaotic periods of Conservative party in the history.
Boris Johnson had been ejected by his own MPs who then installed Liz Truss. When her economic plan sent financial markets into panic mode, her MPs got rid of her, too. Promising to control soaring inflation and “restore the integrity back into politics” after years of scandals under former prime minister Boris Johnson, Rishi Sunak has faced challenges on all fronts so far.
“The things that happened before I was prime minister, I can’t do anything about. What I think you can hold me to account for is how I deal with the things that arise on my watch,” Rishi Sunak said. The economy was Sunak’s number one priority after seven weeks of chaos under Liz Truss. His calm demeanor, plus the decision to keep Jeremy Hunt in post as chancellor, quickly reassured investors and Tory MPs.
The International Monetary Fund now forecasts that Britain faces the bleakest two years of any major industrial nation, meaning that Sunak has got his work cut out to prove that the Tories can be trusted with the economy. Sunak is a former UK Treasury chief, and his top priority has been the country’s economic malaise.
Gross domestic product remains smaller than it was before the covid pandemic and the international monetary fund forcast this week that the uk will be the only major economy to contract this year shrinking by 0.6 %. He may have stopped the worst of the panic in the markets, but Britain’s economy is still in serious trouble. Sunak also hopes to settle one running sore by reforming post-Brexit rules governing trade in Northern Ireland. A row over the protocol has paralysed selfgovernment in Belfast.