BREAKING: Rishi Sunak named as new British Prime Minister

Rishi Sunak will be the new British Prime Minister.

He was elected un-opposed as Conservative leader in the last few minutes.

Chairman of the 1922 Committee Graham Brady confirmed there was just one nomination.

UK Home Secretary Penny Mordaunt dropped out of the race just moments before the 2pm deadline.

Mr. Sunak will make make his first public comments since his election at 2.30

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