Boris stepped aside for Sunak to become the UK Prime Minister
It was in the late hours of Sunday when Boris Johnson surprised British politics with his statement. He announced that he realized he could not unite his party, and thus he is withdrawing from the Conservative leadership race.
As a result, Rishi Sunak, the Chancellor of the Exchequer in Boris Johnson’s cabinet and one of the main factors in forcing Boris to resign, with strong support from various party figures who have been working to oust Boris in the past two days, is on the verge of being elected as the leader of the Conservatives and the Prime Minister of the UK. Soon, we should see the reaction of the UK’s financial markets and, more importantly, the reaction of this country’s main international ally, the United States.