Rishi Sunak looked set to become the UK's next prime minister after his rival Boris Johnson quit the race, admitting that he could no longer unite their party following one of the most turbulent periods in British political history. Sunak, the 42-year-old former chancellor of the exchequer, could be named leader as soon as Monday to replace Liz Truss, becoming Britain's third prime minister and Conservative Party leader in less than two months. The multimillionaire former hedge fund boss will face one of the most daunting set of challenges, tasked with rebuilding the UK's fiscal reputation through deep spending cuts as it slides into a recession, dragged down by surgin
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