Sunak, who resigned on Friday, kept his Richmond and Northallerton seat comfortably with 47.5% of the vote, but Tory colleague and Britain’s shortest-serving PM Liz Truss lost her seat in Parliament.

  • Sunak accepted the responsibility for his party’s loss and said voters had delivered a “sobering verdict”.
  • In a post on X Indian PM Narendra Modi thanked Sunak for deepening ties with India.

Britain’s new Prime Minister Keir Starmer has started to name his cabinet, including appointing Rachel Reeves as the country’s first ever female Chancellor of the Exchequer, or finance minister.

The new British prime minister was less Savile Row and more everyman, sticking to his uniform of a crisp white shirt, natty woven tie and dark suit, the jacket worn purposely undone.His wife, Victoria, wore a Labour party red midi dress featuring contrasting white stitching, costing £275 from British brand Meem. A spokesperson for Meem said traffic to that particular dress on its site was up by more than 300%.

Rachel Reeves has been appointed by Keir Starmer as the UK’s new Chancellor of the Exchequer, or finance minister, becoming the first woman to hold the role.Labour made kickstarting economic growth a key mission. In a recent lecture, Reeves diagnosed the root of Britain’s economic ills.To this end, Labour has also pledged to create two new economic institutions: a National Wealth Fund, aiming to rebuild Britain’s industrial strength and encourage private investment, and Great British Energy, a mission to create a publicly-owned clean energy company by 2030.

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