November 23, 2024 00:42 (IST)
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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'

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.