Rishi Sunak's August warning and British pound in crisis. What's the connection?

UK markets were on Monday in focus as the pound crashed to an all-time low and bond yields surged to the highest in more than a decade, sparking talk of emergency action by the Bank of England. While the UK markets tumbled, Rishi Sunak, former chancellor who lost out to Liz Truss in the race to become leader of the ruling Conservative party earlier this month, started trending on social media, including Twitter.