Rishi Sunak to be UK's first Indian-origin PM as his rivals quit the race

Youngest to the post in 200 years; warns UK faces 'profound economic challenge'

Former British finance minister Rishi Sunak is set to become Britain’s next prime minister as his rivals quit the race, which analysts said, relieved some of the nervousness around the outlook for the UK economy, boosting domestic markets.

The 42-year-old will become the country’s third prime minister in less than two months, after his predecessor, Liz Truss, was brought down after just six weeks in office by an economic programme that roiled markets.
 

The former chancellor, who won Tory leadership contest on Monday, is poised to walk through the door of 10 Downing Street in London after an audience with