Sunak

LONDON — Former British Prime Minister Boris Johnson announced Sunday he will not run to lead the Conservative Party, ending a short-lived, high-profile ...

In his Sunday statement, Johnson insisted he was "well placed to deliver a Conservative victory" in the next national election, due by 2024. "Therefore I am afraid the best thing is that I do not allow my nomination to go forward and commit my support to whoever succeeds." Tory voters backed Truss over Sunak, but he was proved right when Truss' unfunded tax-cutting package triggered chaos in the markets in September. "What we can't do is have him as prime minister in circumstances where he's bound to implode, taking down the whole government ... The prospect of a return by Johnson had thrown the already divided Conservative Party into further turmoil. His withdrawal leaves former Treasury chief Rishi Sunak the strong favorite to become Britain's next prime minister — the third this year — at a time of political turmoil and severe economic challenges.

Boris Johnson has withdrawn from the race to be Conservative leader, leaving Rishi Sunak within touching distance of becoming prime minister. After senior ...

If Johnson had won, he warned that a political crisis would develop by the end of the week. He suggested the former prime minister would make an “amazing chairman” instead. I believe I have much to offer, but I am afraid that this is simply not the right time.” Labour questioned the appointment of a new prime minister while the country has heard nothing of their programme for government. Sunak is expected to sweep up many more Tory MPs on Monday morning given he has the momentum, but Mordaunt could win over any former Johnson supporters who want to stop him. Many MPs were concerned about the upcoming Perhaps it’s not surprising he’s avoiding scrutiny: after all, he was so bad that just a few weeks ago, he was trounced by Liz Truss.” [Rishi Sunak](https://www.theguardian.com/politics/rishi-sunak) without him saying a single word about how he would govern. “Rishi will be continuing to talk to colleagues tomorrow morning before nomination papers go in, and discussing how best to unite the party and take the country forward,” the campaign source said. She had only 30 public backers by Sunday night – 70 short of the number needed to get on the ballot paper. [Former shadow chancellor] Ed Balls, shadow cabinet ministers and Labour advisers have all said Penny is the candidate Keir Starmer fears the most.” You can’t govern effectively unless you have a united party in parliament.

Mr Rishi Sunak (left) looked set to become Britain's next prime minister after Mr Boris Johnson withdrew from the contest on Sunday. PHOTOS: REUTERS.

While he led the Conservative Party to a landslide election in 2019, he was forced out just three years later by a rebellion of his ministers. A source close to the Mordaunt campaign said the former defence minister would continue in the contest. But the opportunities – if we make the right choice – are phenomenal.” After graduating from Oxford University, he later went to Stanford University where he met his wife Akshata Murthy, whose father is Indian billionaire N. Mr Hunt declared his backing for Mr Sunak late on Sunday. If confirmed, he would replace Ms Truss, who was forced to resign after she launched an economic programme that

LONDON: Rishi Sunak looked set to become Britain's next prime minister after Boris Johnson withdrew from the contest on Sunday (Oct 23), ...

But the opportunities - if we make the right choice - are phenomenal." While he led the Conservative Party to a landslide election in 2019, he was forced out just three years later by a rebellion of his ministers. Johnson is also still facing a privileges committee investigation into whether he misled parliament over Downing Street parties during COVID-19 lockdowns. Some Johnson supporters could switch to Mordaunt, who has presented herself as the unity candidate, but many immediately switched to Sunak. Hunt declared his backing for Sunak late on Sunday. If confirmed, he would replace Truss who was forced to resign after she launched an economic programme that triggered turmoil on financial markets.

Rishi Sunak, the ex-chancellor who lost his bid for leadership against Liz Truss just last month, said he'll stand in the contest to replace her.

UK PM Race Live: Just weeks after failing in a first attempt to lead the ruling Tories, Rishi Sunak could cap a stunning reversal in fortunes by winning the ...

Sunak has around 123 lawmakers behind him, compared to Johnson’s 51 named backers, as per Bloomberg’s tally, which counts only 23 for Mordaunt. Rishi Sunak is one step closer as the clear frontrunner in the Conservative Party leadership race today to be elected Britain’s first Indian-origin PM after his former boss confirmed he would be pulling out of the contest. British Conservative Rishi Sunak was on Monday poised to become prime minister and the country's first leader of colour, after Boris Johnson ended his bid to return to power in a move no one saw coming.