Sunak still faces a 'fraught' economic outlook for the UK

The industry has reacted to the incoming prime minister

Valeria Martinez
clock • 3 min read
Rishi Sunak is replacing Liz Truss, who resigned last week
Image:

Rishi Sunak is replacing Liz Truss, who resigned last week

The next prime minister Rishi Sunak will enjoy a honeymoon period and a relief rally in the markets as he takes on the role today (25 October), but experts have warned that it may be short-lived.

The former chancellor has been successful in his bid to become the new Conservative Party leader and thus next prime minister, replacing Liz Truss, who resigned on 20 October after just 44 days in ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR publishes compliance and enforcement policy for CDC schemes

TPR publishes compliance and enforcement policy for CDC schemes

TPR will use risk notices if it has concerns a CDC scheme may breach authorisation criteria

Holly Roach
clock 13 November 2024 • 1 min read
Access LGPS pool hits £50bn in assets under management

Access LGPS pool hits £50bn in assets under management

Pool also revealed it is working on private equity and private debt mandates

Holly Roach
clock 12 November 2024 • 1 min read
Buzz: Are you happy with the FCA's final dashboard rules?

Buzz: Are you happy with the FCA's final dashboard rules?

FCA dashboard rules, national lifetime savings plan and US election

Professional Pensions
clock 12 November 2024 • 1 min read
Trustpilot