United Kingdom Prime Minister Boris Johnson is hanging on to power by a thread. This came after Chancellor of the Exchequer of the UK, Rishi Sunak, on Tuesday, tendered his resignation from his post citing Johnson's approach being 'fundamentally too different'.
Along with him, Health Secretary Sajid Javed and several other ministers also walked out of Johnson's cabinet.
Sunak, who continues to be one of the favourites, is said to be in race for the next UK PM. Interestingly, if this happens, he would become the first Indian-origin PM of Britain.
Born into an Indian family settled in Southampton, Rishi Sunak completed his MBA from Stanford University after graduating from Oxford. He has been a Member of Parliament from Richmond since 2015 and has also served as the Chief Secretary to the Treasury.
Rishi Sunak served as the UK's Chancellor of the Exchequer for two years before resigning. If Johnson steps down owing to the controversy, Sunak becomes one of the main contenders for the post.
He is quite popular within the British community during his tenure. He has been in limelight for both good and bad reasons.
Sunak's ratings significantly dropped when it was revealed that his wife Akshata Murthy, daught of Infosys founder Narayana Murthy, held a non-domicile status in the UK.
Her status allowed her to evade millions of pounds in tax on foreign earnings via her stake in her father's company. This revelation did not reflect well on the Chancellor, who was under the radar for failing to address the UK's economic crisis.
Taking to Twitter, Sunak wrote, "The public rightly expect government to be conducted properly, competently and seriously. I recognise this may be my last ministerial job, but I believe these standards are worth fighting for and that is why I am resigning. My letter to the Prime Minister below."
