\u2022 Truss departs with a rare record of serving two monarchs in 44 days <\/strong><\/p>\n Former Goldman Sacs employee and hedge fund manager, Rishi Sunak, started life as Britain\u2019s 57th Prime Minister just before noon, yesterday, when, after meeting King Charles III at Buckingham Palace and being formally appointed, he was asked to form his government.<\/p>\n Aside from being the first Briton of Asian descent to be PM, the 42-year-old father of two is the youngest Prime Minister since another 42-year-old, Robert Jenkinson, occupied the post in 1812.<\/p>\n A few hours before the new Prime Minister went to get the King\u2019s nod, Liz Truss, the shortest serving PM in British history, was also at the Palace to formally say goodbye to His Majesty and close the chapter on her 44-day turbulent stint that ended last Thursday when she resigned.<\/p>\n New Prime Minister of the United Kingdom Rishi Sunak addresses the media at Downing Street as he wins the Conservative Party leadership race, London, 25 October 2022. (Photo by Alexander Mak\/NurPhoto) (Photo by Alexander Mak \/ NurPhoto \/ NurPhoto via AFP)<\/p>\n<\/div>\n But despite the unenviable record, Truss departs with the rare honour of being the first British Prime Minister to serve two monarchs in more than 70 years.\t <\/p>\n She was appointed as PM by the late Queen Elizabeth II in early September, after defeating her successor in the Conservatives (aka Tories or Tory party) leadership contest decided by the Conservatives party members.\t<\/p>\n Sunak, who didn\u2019t have to go through another leadership contest in seven weeks, grabbed the keys to 10 Downing Street after his former boss and PM, Boris Johnson, pulled out of the three-horse Conservatives leadership race on Sunday night.\t<\/p>\n His emergence as Prime Minister became certain before 2:00 p.m. on Monday, when Commons leader, Penny Mordaunt, withdrew from the race.<\/p>\n LONDON, UNITED KINGDOM \u2013 OCTOBER 25: Britain\u2019s newly appointed Prime Minister Rishi Sunak waves to members of the media before entering 10 Downing Street after delivering his first speech as prime minister in London, United Kingdom on October 25, 2022. Rishi Sunak has become UK\u2019s 57th prime minister, and the first British Asian leader, as he secured backing of over 100 Conservative Party MPs in the leadership contest and after Boris Johnson and Penny Mordaunt dropped out of the race. Wiktor Szymanowicz \/ Anadolu Agency (Photo by Wiktor Szymanowicz \/ ANADOLU AGENCY \/ Anadolu Agency via AFP)<\/p>\n<\/div>\n He spoke briefly outside Number 10, after returning from Buckingham Palace, admitting that the country is facing a \u201cprofound economic crisis.\u201d<\/p>\n Though he was welcomed with the goodwill tweet: \u201cCongratulations, Rishi Sunak, on becoming Prime Minister and making history as the first British Asian PM,\u201d by Labour leader, Sir Keir Starmer, he noted: \u201cThe Tories have crashed the economy, with low wages, high prices and a cost of living crisis.\u201d<\/p>\n After a shadow cabinet meeting, Starmer then threw an uppercut at the new Prime Minister, saying he \u201chas only ever fought one leadership election battle his entire life and \u2018got thrashed\u2019 by Liz Truss.\u201d <\/p>\n The former barrister peppered him further, stating: \u201cAnd no wonder he doesn\u2019t want to fight a general election.\u201d<\/p>\n Aside from the Labour Party, calls for a general election have also come from the Scottish National Party, SNP.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" \u2022 Truss departs with a rare record of serving two monarchs in 44 days Former Goldman Sacs employee and hedge fund manager, Rishi Sunak, started life as Britain\u2019s 57th Prime Minister just before noon, yesterday, when, after meeting King Charles III at Buckingham Palace and being formally appointed, he was asked to form his government. 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