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Amid 40-yr-high inflation, UK's new PM Rishi Sunak vows to confront 'profound economic crisis'

Amid 40-yr-high inflation, UK's new PM Rishi Sunak vows to confront 'profound economic crisis'

Oct 26, 2022, at 04:47 am

Rishi Sunak, the former chancellor of the UK's treasury has become the country's Prime Minister after Liz Truss quit the role in just 45 days as 40-year-high inflation gripped the nation, dealing a blow to the households that have been already cutting down daily expenses, and now several even plan to stay away from Christmas shopping.

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