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profits but the money is rolling in as it benefits from high interest rates. and qatar looks to cash in on the world cup to boost its economy we have a special report from doha. financial markets reacted calmly as it emerged that rishi sunak is set to be the uk s next prime minister. the pound is broadly unchanged against the dollar and government borrowing costs stayed lower after commons leader penny mordaunt dropped out of the leadership race. but the new prime minister inherits a daunting in tray with the cost of living crisis soaring energy prices and rising inflation. not to mention the war in ukraine and brokering a good relationship with europe. our business correspondent theo leggett has more. the news that rishi sunak is the new leader of the conserve the new leader of the conserve the party and will therefore become the next prime minister of the uk is something international investors seem to have taken in their stride. there has certainly been no return ....
Theo leggett has more. the news that rishi sunak is the new leader of the conserve the new leader of the conserve the party and will therefore become the next prime minister of the uk is something international investors seem to have taken in their stride. there has certainly been no return to the kind of financial mayhem that greeted his predecessor liz truss plasma tax cutting programme and that ultimately led to her downfall but that doesn t mean rishi sunak faces but that doesn t mean rishi sunakfaces a but that doesn t mean rishi sunak faces a honeymoon period, or if it does, not likely a long one. that is because the uk still facing some severe problems. the economy for example is not growing, prices are rising rapidly, inflation at a a0 year high and the government is struggling to balance its books come into balance its books come into balance taxes with spending. now the first sign of what rishi sunak intends to do about this is likely to happen at the end of the month, when h ....