Rishi Sunak set to become U.K. prime minister as Penny Mordaunt withdraws

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Rishi Sunak will become the next U.K. prime minister after his last competitor, Penny Mordaunt, withdrew, just minutes before a deadline to get support from 100 lawmakers. Sunak, the former chancellor of the exchequer, will become the first ethnic minority leader of the U.K. Sunak is set to speak in the next half hour.

This article was originally published by Marketwatch.com. Read the original article here.

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