Breaking: Rishi Sunak emerges UK’s new Prime Minister, replaces Liz Truss

Aftermath of UK Prime Minister Liz Truss’ resignation last week, a successor has emerged.

He is Conservative Party’s Mr Rishi Sunak. His emergence followed the pulling out of the contest by his challenger, Mr Penny Mordaunt.

This automatically leaves Sunak as the only Conservative Party member in the race.

Sir Graham Brady, the Chair of the 1922 Committee, said he can confirm there has been one valid nomination for the prime minister’s office.

“And Rishi Sunak is therefore elected as leader of the Conservative party,” he said on Monday.

He said Sunak would address Tory members of parliament at 2.30pm (Nigerian time) in the House of Commons.

This will be the first time Sunak has spoken in public since Liz Truss resigned.