UK braces for 5th Prime Minister in eight years

By Vivek Dubey

CNBC-TV18.com

Published May 23, 2024

2016: UK Votes for Brexit, Cameron Quits

- Britons vote to leave the EU, causing a global shock. - David Cameron resigns, and Theresa May becomes the new prime minister.

2017 Snap Election Gamble Backfires

- Theresa May calls a snap election to strengthen her majority for Brexit legislation. - The Conservatives lose their majority and form a government with the Democratic Unionist Party.

May 2019: May Resigns, Johnson Takes Over

- May resigns due to parliamentary deadlock over Brexit. - Boris Johnson, a pro-Brexit campaigner, becomes the new Conservative leader.

Dec 2019: Johnson Leads Conservatives to Sweeping Win

Johnson’s “Get Brexit Done” campaign wins the biggest election victory since 1987.

2020: Brexit Gets Done

- Johnson drives a Brexit deal through parliament, and Britain exits the EU. - The impact of the deal is delayed until after a transition period.

July 2022: Johnson Ousted:

- Scandals and missteps lead to Johnson’s resignation after a ministerial revolt.

Sept 2022: Truss’ Chaotic Premiership

- Liz Truss becomes prime minister but lasts only 44 days. - Her “mini-budget” with unfunded tax cuts spooks financial markets.

Oct 2022: Sunak Becomes Prime Minister

- Rishi Sunak pledges to restore stability to government. - He focuses on the economy, migration, and healthcare.

May 2024: Sunak Calls General Election

- Sunak, trailing in polls, calls an election for July 4.