Home Accountant Rishi Sunak vs. Liz Truss: Everything you need to know about the PM contenders | Conservative management

Rishi Sunak vs. Liz Truss: Everything you need to know about the PM contenders | Conservative management

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Rishi Sunak, 42 ​​years old

Education
Winchester College. Philosophy, Politics and Economics at the University of Oxford. MBA from Stanford.

Family
Married Akshata Murty, daughter of Indian billionaire NR Narayana Murthy, in 2009. They have two daughters.

Before government
Analyst at investment bank Goldman Sachs. Partner of hedge fund management company The Children’s Investment Fund Management.

Constituency
Richmond (Yorkshire), elected in 2015

To the government
Deputy Minister for Local Government (2018-19), Chief Secretary to the Treasury (2019-20), Chancellor of the Exchequer (2020-22).

High career
Winning praise for swiftly introducing billions of pounds worth of ‘furlough’ support schemes to preserve jobs and businesses through 18 months of Covid lockdowns.

Achilles’ heel
His family’s wealth and his wife’s controversial non-dom status.

Goofs
He said the food he would notice the price hike the most was bread, because “we all have different breads at my house”.

what others say

A bit like Philip Hammond, just with a bit more charisma”

– Anonymous economist.

[He] watched a lot [Tony] Blair’s body language and manages to distance himself while being the most central in government”

Tim Shipman from the Sunday Times.

Unknown fact
A self-proclaimed “Coke addict” – from Mexico’s version of Coca-Cola, which is made from cane sugar.

Campaign to become prime minister

Main funders
Dominic Raab, Jeremy Hunt, Norman Lamont.

Lines of attack on the rival
Accused Liz Truss of promoting ‘socialism’ by promising unfunded tax cuts and described plans to ‘walk your way out of inflation’ as ‘a fairy tale’.

On the economy
Promises “a return to traditional conservative economic values”, a position seen as an argument for the instinctive budgetary prudence of conservatives, or a desire to return to “austerity economics”. Differs from Truss on tax cuts, saying acting now would fuel inflation and increase borrowing.

On internal affairs
Supports Rwanda removal program, although No 10 sources have informed that he opposed it as chancellor. Promises a ‘crack down on grooming gangs’ and pledged to create a requirement for all police forces to have a child sexual exploitation squad.

On the environment
Would set a new legal target for the UK to be energy independent by 2045 at the latest. Committed to upholding the government’s legally binding target of achieving net zero emissions by 2050 and assured the green wing of the Tories that he would protect the environment.


Liz Truss, 46

Education
Roundhay Secondary School in Leeds. Philosophy, Politics and Economics at the University of Oxford.

Family
Married to accountant Hugh O’Leary since 2000. They have two daughters.

before the government
Worked as an accountant for Shell and Cable & Wireless. Deputy director of the centre-right reformist think tank.

Constituency
South West Norfolk, elected in 2010.

To the government
Junior Minister for Education (2012-2014), Minister for the Environment (2014-2016), Lord Chancellor (2016-2017), Chief Secretary to the Treasury (2017-2019), Minister for International Trade (2019-21 ), Minister for Equality (2019-present), Secretary for Foreign Affairs (2021-present).

High career
Rise to Foreign Secretary, putting her at the forefront of Britain’s global push to support Ukraine. Oversaw efforts to secure the release of Nazanin Zaghari-Ratcliffe and Anoosheh Ashoori from Iran.

Achilles’ heel
Track record as a former Liberal Democrat who called for the abolition of the monarchy and a Remainer who opposed Brexit.

Goofs
Getting lost trying to leave his press conference exposing his leadership booth. Told in Parliament: ‘In any trade deal we do we will heed our high standards to make sure our farmers are undermined.’

little known fact
Daughter of parents whom she describes as “on the left of Labour”. Her ‘horrified’ father discovered she had joined the Tories by picking up a postcard from the family home that read, ‘I can’t believe you’ve become a Tory, Liz.’

what others say

Maybot 2.0″

– some Tory MPs, according to the Spectator.

No no. They call it the human hand grenade because it gets things done”

– Nadine Dorries, denying that Truss’ nickname among officials is due to her causing chaos.

Campaign to become prime minister

Main funders
Nadine Dorries, Jacob Rees-Mogg, possibly Boris Johnson, the Daily Mail.

attack lines
Told Sunak during a debate that he had raised taxes to the highest level in 70 years, adding, “It’s not going to increase economic growth.” Accused him of increasing National Insurance in the face of opposition from her and other cabinet members.

On the economy
Reverse the rise in National Insurance rates, intended to fund health and social care. Wants to continue Johnsonian leveling agenda, but based on low-tax, low-regulation zones. Told the viewer that she would treat the loans accumulated during the pandemic as a war debt to be canceled over a long period.

On the culture wars
Joined former leadership candidate Kemi Badenoch in attacking Penny Mordaunt, recounting a debate she opposed moving forward with transgender self-identification.

On internal affairs
She reportedly said she would try to expand the Rwandan migrant removal program to countries like Turkey.

On the environment
Committed to maintaining the government’s legally binding target of achieving net zero emissions by 2050, but would suspend taxes on green energy.