After troubled week, bookie odds favour Rishi Sunak's comeback

London, October 16

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. “His approach is one part ‘I told you so’ but rather more a sense of sadness. He just says: ‘It didn’t have to be like this’,” a friend was quoted by The Sunday Times as saying.

As the Oddschecker bookies’ odds aggregator showed 42-year-old Sunak racing ahead as the favourite to replace 47-year-old Truss, his team is said to be eyeing what would be one of the most remarkable political comebacks in British politics.

According to insiders, the UK-born Indian-origin politician, who lost to Truss in the Tory membership vote after being the clear frontrunner among his parliamentary colleagues, is steering well clear of any accusations of plotting against Truss as he spends time in his constituency of Richmond in Yorkshire. — PTI

Turbulence for Truss

PM Liz Truss recently sacked her trusted aide Kwasi Kwarteng for enforcing her own economic policies as Chancellor. Mutinous voices are flagging how Sunak had warned against much of the financial meltdown.

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