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Rishi Sunak and Liz Truss emerge as finalists in UK premier race

The Xinhua reported that former United Kingdom (UK) Chancellor of the Exchequer Rishi Sunak and Foreign Secretary Liz Truss emerged as the final two candidates in the country's Tory leadership race on Wednesday (July 21).
International Trade Minister Penny Mordaunt was knocked out in the final round of ballot among Conservative lawmakers. Sunak won 137 votes, Truss received 113.
The contest to replace Boris Johnson as prime minister will now go before the Conservative Party's 200,000-odd dues-paying members, who will select the winner later this summer via mail-in ballot. The winner, to be announced on Sept. 5, will automatically become Johnson's successor.
Though Sunak has won each of the five rounds of voting by lawmakers, a YouGov poll published on Tuesday (July 19) showed that he was less popular with the party's grassroots.
He is predicted to lose to Truss, a favorite of the party's right wing, in the head-to-head contest.
Both candidates have made pledges on tax cuts as the cost-of-living crisis continues to bite. However, Sunak dismissed as "fairytales" his rivals' promises of immediate tax cuts, arguing that inflation must be brought under control first.
Inflation in the UK rose by 9.4 percent in June, hitting a fresh 40-year high, official statistics showed on Wednesday (July 20).
Truss, on the other hand, promised to start cutting taxes from day one.
Rishi Sunak wins UK's third round leadership vote
The Tory leadership race was triggered after Johnson was forced to step down on July 7 by an avalanche of resignations of government officials, who protested against his scandal-plagued leadership.
Johnson continues to serve as caretaker prime minister until a new Tory leader succeeds him.
Johnson, who won a landslide victory in the general elections in 2019, lost support after he was caught in a string of scandals, including the Partygate scandal and the Chris Pincher scandal involving his appointment of Pincher, a politician accused of sexual misconduct, to a high-level post.
Boris Johnson wins confidence vote and will continue as caretaker PM
But Johnson defended his record in his last appearance in the Prime Minister's Questions in the House of Commons on Wednesday afternoon, shortly before the ballot results were announced. The lawmakers will start their summer recess on Thursday (July 21).
Claiming that "mission largely accomplished - for now," he once again touted his achievements of pulling off the Brexit deal, rolling out the COVID-19 vaccine and helping Ukraine during his three-year premiership.
Johnson signed off his farewell speech by saying "Hasta la vista, baby" (See you later), a famous phrase used by Hollywood legend Arnold Schwarzenegger in the film Terminator, sparking speculation that he aims to make a political comeback.
Source: xinhua
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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