New UK PM Rishi Sunak: October 25, 2022

The stage is set for a new UK prime minister after contenders one by one ruled themselves out of the race to become the next leader of the Conservative Party.

Rishi Sunak, the former chancellor, will lead the country in a time of political and economic turmoil in Britain, in the wake of Liz Truss after just 45 days as PM.

Christina Huang reports.