Sunak's promises to keep: ex-chancellor's likely agenda if he becomes UK PM

Managing welfare spending while promoting business will be among his top tasks if he wins leadership contest

Rishi Sunak, the Conservative Party MP, is the top contender for the party’s leadership, and thus to be the next Prime Minister of UK.

Sunak, a former Chancellor of the Exchequer, Wednesday secured 137 party votes compared to the 113 for foreign secretary Liz Truss. The two will battle it out in the last stage of the contest to replace Boris Johnson as PM.

If Sunak were to be elected PM, what might be his outlook for the troubled British economy? 'Business Standard' looks at three crucial topics likely to feature on his economic agenda.

Tax cuts

Sunak, in his Spring Budget, promised the