Rishi Sunak will be the UK's next prime minister after winning the Conservative Party leadership contest
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He will become the UK's first British Asian PM and at 42, the youngest in more than a century
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The ex-chancellor who oversaw the nation's finances during the Covid pandemic was the only contender to gain enough support from MPs
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His rival Penny Mordaunt dropped out of the race in the final minutes before nominations closed, having struggled to reach the 100-MP threshold
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He was greeted by rapturous applause and banging on desks as he arrived to address Tory MPs following the result
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He is said to have told them that the UK was facing a tough period and there were going to be "no easy answers"
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Sunak will succeed Liz Truss seven weeks after she defeated him in the previous Tory contest
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Labour have reiterated their call for a general election, as have the Scottish National Party and the Liberal Democrats
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