Resilience and perseverance in the journey of Rishi Sunak. A timeline of obstacles and growth.
Rishi Sunak is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2022 to 2024. After losing the 2024 general election to Keir Starmer, he briefly served as Leader of the Opposition. Prior to becoming Prime Minister, he was Chancellor of the Exchequer from 2020 to 2022 under Boris Johnson. He has been a Member of Parliament (MP) for Richmond and Northallerton, formerly Richmond (Yorks), since 2015.
In late January 2020, in response to the first confirmed COVID-19 cases, Rishi Sunak introduced advice for travellers coming from affected countries and began contact tracing.
In February 2020, Rishi Sunak continued to address the first confirmed COVID-19 cases by continuing contact tracing.
In March 2020, Rishi Sunak introduced a program providing £330 billion in emergency support for businesses, as well as the Coronavirus Job Retention furlough scheme for employees, paying 80% of wages up to £2,500 per month.
On 23 March 2020, Rishi Sunak became prominent in the government's response to the COVID-19 pandemic and its economic impact. On 20 March 2020, Sunak gave a statement on COVID-19.
In June 2020, Rishi Sunak extended the furlough scheme until the end of June 2020.
In July 2020, Rishi Sunak unveiled a plan for a further £30 billion of spending, which included a stamp duty holiday, a cut to VAT for the hospitality sector, a job retention bonus for employers, and the Eat Out to Help Out scheme, which ran from 3 to 31 August.
On 8 July 2020, Rishi Sunak delivered the July 2020 summer statement (also known as the coronavirus mini-budget) to announce measures aimed at promoting economic recovery following the impact of the COVID-19 pandemic.
In September 2020, Rishi Sunak announced that the autumn budget would be scrapped due to the COVID-19 pandemic, stating "now is not the right time to outline long-term plans".
On 24 September 2020, Rishi Sunak delivered the Winter Economy Plan to promote economic recovery following the impact of COVID-19.
After a second lockdown in England on 31 October 2020, the Winter Economy Programme was extended several times, until 30 September 2021.
In late May, Rishi Sunak extended the furlough scheme until the end of October 2020 to avoid mass redundancies, bankruptcies, and high unemployment.
In 2020, Rishi Sunak introduced the "Eat Out to Help Out" scheme with mixed reception; some considered it a success for the hospitality industry, while others linked it to a rise in COVID-19 infections. Medical advisors claimed to have not been informed of the scheme until it was announced, while Rishi Sunak claims otherwise.
In 2020, Rishi Sunak was promoted to Chancellor of the Exchequer and was prominent in the government's financial response to the COVID-19 pandemic.
In March 2021, Rishi Sunak announced that the furlough scheme had been extended once more until September 2021.
In his March 2021 budget, Rishi Sunak emphasized the effect the COVID-19 pandemic has had on the economy. The budget also included an increase in the rate of corporation tax from 19% to 25% in 2023, a five-year freeze in the tax-free personal allowance and the higher rate income tax threshold, and the extension of the furlough scheme until the end of September.
After a second lockdown in England on 31 October 2020, the Winter Economy Programme was extended several times, until 30 September 2021.
In March 2021, Rishi Sunak announced that the furlough scheme had been extended once more until September 2021.
In May 2022, Rishi Sunak intensified efforts to respond to the rising cost of living and energy crises with a £5 billion windfall tax on energy companies to help fund a £15 billion support package for the public.
In July 2022, Rishi Sunak announced his candidacy for the leadership election to replace Boris Johnson, promising to restore trust, rebuild the economy, and reunite the country. He outlined his values and policy pledges, including tax cuts contingent on controlled inflation, temporary VAT reduction on household energy, and stricter asylum definitions. Sunak emerged as one of the final two candidates.
In July 2022, Rishi Sunak resigned as Chancellor of the Exchequer amidst a scandal involving sexual harassment allegations against Chris Pincher and Johnson's handling of the situation. His resignation was followed by numerous other ministers, contributing to a government crisis.
In July 2022, Rishi Sunak resigned as chancellor and subsequently lost the leadership election to Liz Truss.
In May 2023, the Conservative Party experienced heavy losses in the local elections under Sunak's leadership.
In June 2023, Sunak's plan to send asylum seekers to Rwanda was blocked by the UK's Court of Appeal due to concerns over international law. Sunak vowed to appeal the verdict to the Supreme Court.
In July 2023, the Conservatives lost two seats in by-elections to Labour and the Liberal Democrats.
In November 2023, the Supreme Court upheld the ruling against the Rwanda asylum plan. In response, Sunak sent Cleverly to negotiate a treaty with Rwanda and introduced the Safety of Rwanda (Asylum and Immigration) Bill to Parliament. This led to the resignation of the minister for immigration, Robert Jenrick.
In 2023, the Conservative Party, led by Rishi Sunak, experienced poor performance in the local elections.
In March 2021, Rishi Sunak emphasized the effect the COVID-19 pandemic has had on the economy. The budget also included an increase in the rate of corporation tax from 19% to 25% in 2023
In February 2024, the Conservatives lost two more seats in by-elections.
In March 2024, there were suggestions that Sunak could face a leadership challenge before the upcoming general election if the Conservatives performed poorly at the local elections. Sunak stated he would resist any such challenge.
In July 2024, Rishi Sunak's Conservative Party lost the general election in a landslide to the Labour Party led by Keir Starmer.
In November 2024, after losing the general election to Keir Starmer's Labour Party, Rishi Sunak served as Leader of the Opposition.
Ukraine is a large country in Eastern Europe second only...
Boris Johnson is a British politician and writer who served...
Coronaviruses are a family of RNA viruses affecting mammals and...
Inflation in economics signifies an increase in the average price...
The Guardian is a British daily newspaper founded in as...
A tank is an armored fighting vehicle designed for front-line...
27 minutes ago USDA invests $152M in Iowa rural communities, announced by Secretary Rollins at Iowa State Fair.
1 hour ago Jennifer Lopez Denied Entry to Chanel Store in Istanbul; Bethenny Frankel Reacts
1 hour ago Switzerland faces unexpected tariff increases, disrupting trade relations and economic stability.
1 hour ago China Warns Philippines After Marcos' Taiwan Remarks, Escalating Regional Tensions; Accusations Made
1 hour ago Blue Jays face Dodgers, aiming to avert series sweep; Bassitt seeks redemption.
2 hours ago Alex Smith greets fans in Lee's Summit after Chiefs career; Savannah Bananas sellout.
Jeff Bezos is an American businessman renowned as the founder...
Jupiter is the fifth and largest planet from the Sun...
Elizabeth Warren is a prominent American politician and the senior...
Adam Schiff is an American politician and lawyer currently serving...
Ken Paxton is an American politician and lawyer currently serving...
Chuck Schumer is the senior United States Senator from New...