Tory management election tracker | Monetary Occasions

Conservative MPs are declaring who they need to succeed Liz Truss as their celebration’s chief and UK prime minister.

Below the management contest guidelines, an MP should obtain 100 nominations from colleagues by Monday at 2pm to change into a candidate.

If there are three candidates who safe the minimal 100 backers, they are going to be whittled down to 2 by MPs in a vote later within the day.

If solely two candidates attain the brink of 100 supporters, Conservative celebration members will vote on-line to find out the winner by subsequent Friday. If just one candidate obtains 100 nominations, they are going to be declared celebration chief and prime minister on Monday.

The tracker beneath solely counts MPs as supporters of an precise or potential candidate if they’ve publicly acknowledged their place or confirmed it to the Monetary Occasions.

Home of Commons chief Penny Mordaunt on Friday grew to become the primary MP to announce plans to face for the Tory management.

Different candidates anticipated to launch their management bids embrace former chancellor Rishi Sunak and ex-prime minister Boris Johnson.

Sunak is the present favorite amongst bookmakers and on betting exchanges.

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The potential contenders for the Tory management

Rishi Sunak

The 42-year-old former chancellor reached the ultimate spherical of final summer season’s management race due to his slick communication abilities and pro-Brexit credentials. He was defeated by Truss, who gained 57 per cent of the vote after the Tory membership dismissed his warnings towards her plans for unfunded tax cuts. His message of fiscal self-discipline might now obtain a hotter welcome.

Penny Mordaunt

The chief of the Commons got here near seizing the management through the summer season regardless of having had solely a short spell within the cupboard. Her pitch emphasised her pro-Brexit credentials and social liberalism, whereas taking part in on her expertise within the Royal Navy. Regardless of her low profile, the 49-year-old got here third within the poll of Tory MPs.

Boris Johnson

The previous prime minister has been the simplest election winner of his era, twice turning into London mayor and securing an 80-strong Commons majority on the 2019 normal election. But he was pushed out of workplace in the summertime by the resignation of 62 ministers — together with Sunak — after a string of scandals. Regardless of this, Johnson stays widespread with the celebration membership and will win the grassroots vote if he secured sufficient assist to get on the ultimate poll.

Further work by Arjun Neil Alim, Oliver Hawkins, Daria Mosolova, Martha Muir, Zehra Munir, and Kari-Ruth Pedersen