Rishi Sunak

Rishi Sunak gained momentum in his bid to become UK prime minister, securing the public backing of senior Conservative Party lawmakers ahead of an initial ...

Since the age of 14 years-old Russ has been cultivating his musical gifts and pushing himself, against all odds, to realize his ambitions for greatness. Rishi Sunak gained momentum in the race to become UK prime minister, securing the public backing of senior Conservative Party lawmakers ahead of an initial leadership vote on Monday and putting pressure on Boris Johnson to declare his hand. Rapper, singer and producer Russ walks us through the creative impulses and strategic decisions that propelled him to multi-platinum success.

The BBC has been keeping a running total of MPs who have gone on the record with support. The voting intentions of only 204 out of 357 Conservative MPs are ...

He said he was very confident Mr Sunak would stand, adding: "I think the critical issue here is going to be the economy. Pointing to the parliamentary probe facing Mr Johnson, Mr Raab told the BBC: "We cannot go backwards. She stressed the need to "make Brexit work", "focus on the potential of all our citizens" and "defend our Union and its territorial integrity". An ally of former home secretary Suella Braverman told the PA news agency she had been "heavily courted" by both Mr Johnson and Mr Sunak and was likely to decide who to back on Sunday. He told Sky News a large number of Conservative MPs would "refuse to lay down their integrity" in order to defend Mr Johnson on the issue. Mr Baker - an influential MP on the right of the party - said Mr Johnson would be a "guaranteed disaster", and specifically expressed concern

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.

Johnson and Sunak met last night amid speculation of a deal between the two, despite the bitterness left by Sunak’s role in Johnson’s downfall as prime minister. Neither Sunak nor Mordaunt have laid out a policy program for government and it is not clear that any candidate will do so before the race concludes, which will be either by Monday evening or, if put to an online vote with the wider Tory party, by Friday. The only other candidate so far is Leader of the Commons, Penny Mordaunt. Liz Truss’s resignation on Thursday triggered a leadership contest that will make her the shortest-ruling prime minister in British history when she exits this week. His supporters claim he has more than the required 100 backers but only about half that number have publicly declared. Investors are likely to sell the pound and gilts in the event of a Johnson or Mordaunt victory, while a Sunak coronation would probably support UK assets for a while.

Ex-chancellor announces candidacy for Tory leadership contest as allies of Boris Johnson say he is planning to run.

I will be supporting him to return to the role of PM.” Speaking on Sky News, Green said of Johnson: “We saw what happened last time and how the government literally fell apart. “I am asking you for the opportunity to help fix our problems. I think he’d make an amazing chairman of the party … But the opportunities – if we make the right choice – are phenomenal,” he said. I mean, if he wants to come back as prime minister, he would need to do it after this privileges issue is settled. This was further fuelled on Sunday after Johnson tried to persuade Mordaunt to stand down and lend him her support, having tried to do the same with Sunak on Saturday night. Yes, I want a leader of our party and our country to inspire hope for a better future and raise our spirits. In a statement, Cleverly said: “The last few weeks show that being PM is tough and no other job in government is quite like it. I want to fix our economy, unite our party and deliver for our country.” And I need a leader who will put our house in order and apply a steady, careful hand on the tiller. That’s why I am standing to be leader of the Conservative party and your next prime minister.

Boris Johnson, who resigned as PM in July, is still mulling a run.

Incredibly, Truss also served during the reign of two monarchs–the first to do so [since Winston Churchill](https://www.republicworld.com/world-news/uk-news/liz-truss-becomes-the-first-uk-pm-to-have-served-two-monarchs-since-winston-churchill-articleshow.html). [14:00 BST on Monday](https://www.bbc.com/news/uk-politics-63361384); if only one candidate emerges with 100 nominations, a new prime minister could be announced late Monday. Oz’s Senate Campaign](https://www.vanityfair.com/news/2022/10/dr-oz-dog-killing-pennsylvania-senate-race?itm_content=footer-recirc&itm_campaign=more-great-stories-101122)? [Gisele Bündchen’s New Chapter](https://archive.vanityfair.com/article/2009/5/and-god-created-gisele?itm_content=footer-recirc&itm_campaign=more-great-stories-101122)(2009) [Marriage Problems](https://www.vanityfair.com/style/2022/10/tom-brady-gisele-bundchen-10-year-old-marriage-problems-going-on-forever-divorce?itm_content=footer-recirc&itm_campaign=more-great-stories-101122)Are Reportedly “10 Years Old” That’s why I’m standing to be your next Prime Minister of the Conservative Party.” He added that he aims to “fix our economy, unite our party, and deliver for our country.” [Best Horror Movies](https://www.vanityfair.com/hollywood/2022/10/best-horror-movies?itm_content=footer-recirc&itm_campaign=more-great-stories-101122)to Keep You Up at Night He made a statement on Twitter: “The choice our Party makes now will decide whether the next generation of British people will have more opportunities than the last. [Lizzo Is Here to Talk About All of It](https://www.vanityfair.com/style/2022/10/lizzo-is-here-to-talk-about-all-of-it?itm_content=footer-recirc&itm_campaign=more-great-stories-101122)—That Flute, That Lyric, Her Man, and More [series of resignations in her cabinet, skyrocketing inflation, and widening party divides.](https://www.vanityfair.com/news/2022/10/liz-truss-britain-another-prime-minister-resignation-boris-johnson) “ [I cannot deliver the mandate](https://www.vanityfair.com/news/2022/10/liz-trusss-uk-prime-minister-resigns) on which I was elected by the Conservative Party,” Truss said on Thursday. [originates](https://twitter.com/RishiSunak/status/1584114970723512321) from. [Sunak came before he confirmed](https://www.reuters.com/article/britain-politics-sunak-idAFKBN2RI05E) on Sunday that he [was officially running for](https://www.washingtonpost.com/politics/sunak-leads-in-race-for-uk-leader-johnson-yet-to-declare/2022/10/23/f91c339a-52bc-11ed-ac8b-08bbfab1c5a5_story.html) prime minister.

Former British Prime Minister Boris Johnson at Gatwick Airport, near London, Britain on October 22, 2022. Henry Nicholls/Reuters. CNN —.

Former Home Secretary Priti Patel on Saturday became one of the most high-profile supporters of Johnson in his quest to become PM. “There is a choice to be made. Do they want to continue with this utter chaos, or do they want stability under a Labour government?” Starmer asked during a BBC interview. “I very much regret the mini-budget … Some outlets have speculated that the two men could strike some kind of deal. Sunak declared on Sunday morning that he would be standing in the contest.

Rishi Sunak has just declared he is running to be the next Conservative Party leader and prime minister after days of speculation, during which he amassed the support of well over 100 MPs. In a tweet announcing his candidacy, Sunak writes "the United ...

And I need a leader who will put our house in order and apply a steady, careful hand on the tiller. The momentum is with ex-Chancellor Rishi Sunak. The MP says Johnson "understands the frustration that people had. Who will Penny Mordaunt and her supporters swing behind? Current Chancellor Jeremy Hunt is due to set out his economic plans on 31 October. According to Oddschecker, the likelihood of Sunak becoming PM is 74%. "I think all of us lost our patience over the Partygate issue. He currently has the public endorsement of 146 Tory MPs. But I think he has genuinely learned from those mistakes. "But what we need is a government that will actually tell us honestly there is a reduction in our national standard of living because we've decided to help Ukraine and confront Russia and that means that all of us are going to have to share the burden, we can't just put all of it on our children and grandchildren." Less than 24 hours later – Liz Truss was gone. "I'm confident Boris has got the numbers, I'm confident Boris will be in this contest, and in it to win it," he says.

Former British Finance Minister Rishi Sunak on Sunday entered the race to replace Liz Truss as prime minister.

As of Sunday, Sunak's strongest challenger appeared to be Johnson, the former prime minister whose resignation this July kicked off Britain's current bout of political chaos. Sunak is the first formally declared candidate to have collected the 100 nominations from fellow lawmakers required by 2 p.m. [BBC](https://www.bbc.com/news/uk-politics-63363420) and [Washington Post](https://www.washingtonpost.com/world/2022/10/23/uk-rishi-sunak-race-prime-minister/) reported Sunak and Johnson held talks late Saturday. [If elected](https://www.washingtonpost.com/world/2022/10/23/uk-rishi-sunak-race-prime-minister/), Sunak would become the country's first prime minister of South Asian descent. I want to fix our economy, unite our Party and deliver for our country." "That's why I am standing to be Leader of the Conservative Party and your next Prime Minister.

Sunak has the backing of at least 124 Conservative lawmakers, according to unofficial tallies compiled by British news organizations. That's well ahead of the ...

"What we can't do is have him as prime minister in circumstances where he's bound to implode, taking down the whole government ... [Steve Baker](/storiesByEntityId/624220a86880e45323ad5695/Steve Baker), a former backer of Johnson and an influential politician within the Conservative Party, warned a Johnson comeback would be a "guaranteed disaster." Supporters say he is a vote winner and has enough support from lawmakers, but many critics warn that another Johnson government would be catastrophic for the party and the country. If all three meet the threshold, lawmakers will vote to knock out one and then hold an indicative vote on the final two. On Sunday, he confirmed he was running again in the latest leadership contest. Sunak garnered the public support of over 100 Tory lawmakers to forge ahead of his two main rivals: former [Prime Minister](/storiesByEntityId/6239c9f26880e453235a6e04/Prime Minister) [Boris Johnson](https://www.cbsnews.com/news/boris-johnson-returns-uk-rumors-he-will-run-british-prime-minister/) and ex-Cabinet minister [Penny Mordaunt](/storiesByEntityId/62d5b48dbc7c815c798754ed/Penny Mordaunt).

Former PM Johnson says “this is simply not the right time” to bid for a return to 10 Downing Street.

In his statement Sunday evening, Johnson claimed he did in fact have the numbers required, and that he was confident of winning sufficient support in the subsequent ballot of Tory grassroots members to put himself back in No. [Zahawi announced 29 minutes](https://twitter.com/nadhimzahawi/status/1584280847141638144) later that he was now backing Sunak instead. 10 — potentially giving him the chance of a comeback. Off to bed!” An hour later he, too, announced he was backing Sunak. Johnson had always made clear he hoped to one day return as prime minister after being ousted back in July. “Boris Johnson delivered Brexit and the great vaccine roll-out,” Sunak said. But most observers believe Sunak is now firmly on course for Downing Street, just seven astonishing weeks after he was roundly defeated by Truss in the last Tory leadership contest. “You can’t govern effectively unless you have a united party in Parliament,” Johnson said. But he said the urgent need for party unity meant he would pull out of the race instead. Senior figures including Chancellor Jeremy Hunt rowed in behind Sunak Sunday evening following Johnson’s departure from the race. prime minister as early as Monday after Boris Johnson sensationally abandoned hopes of a return to No. His decision leaves Sunak, his fierce rival and former chancellor, in pole position to take over as U.K.

He also claimed he had secured 102 nominations from Conservative Party members — 100 nominations are needed to qualify for leadership — but BBC News had only ...

Supporters say he is a vote winner and has enough support from lawmakers, but many critics warn that another Johnson government would be catastrophic for the party and the country. "What we can't do is have him as prime minister in circumstances where he's bound to implode, taking down the whole government ... 10 and the country better," Zahawi said. The new leader is due to be selected by Friday. If all three meet the threshold, lawmakers will vote to knock out one and then hold an indicative vote on the final two. Baker noted that Johnson still faces an investigation into whether he lied to Parliament while in office about breaking his government's own coronavirus restrictions during parties at Downing Street. On Sunday, he confirmed he was running again in the latest leadership contest. "There will be integrity, professionalism and accountability at every level of the government I lead and I will work day in and day out to get the job done," Sunak said in a statement. Business Secretary Jacob Rees-Mogg told the BBC on Sunday that he spoke with Johnson and "clearly he's going to stand" after flying back to London Saturday from a vacation in the Dominican Republic. [Boris Johnson](https://www.cbsnews.com/news/boris-johnson-returns-uk-rumors-he-will-run-british-prime-minister/) said in a statement Sunday that he would not seek the leadership of the Conservative Party, leaving former Treasury chief Rishi Sunak as the frontrunner to take over after [Liz Truss](https://www.cbsnews.com/news/liz-truss-resigns-as-uk-prime-minister-today/) hastily announced her exit last week, after just 45 days at the helm. [BBC News](https://www.bbc.com/news/live/uk-politics-63327087), Johnson insisted in the statement "I believe I am well placed to deliver a Conservative victory in 2024." [runner-up after Truss](https://www.cbsnews.com/news/liz-truss-britain-prime-minister-cost-of-living-action/) in this summer's Tory leadership race to replace Johnson after he was forced out by a string of ethics scandals.

Britain's Conservative Party is once again picking its next leader who will become the next U.K. prime minister after Liz Truss resigned.

An election can be called early but it would require the support of Conservative lawmakers, which seems unlikely given that the party faces a near wipeout if an election was held today. Nadhim Zahawi, a former top minister in Johnson’s government, tweeted, “A day is a long time in politics …” Indeed, it was. As Tory lawmakers ready themselves for a vote on Monday, over who runs their party and therefore who runs Britain, the surrogates for Johnson and his chief rival, the former finance minister Sunak, were duking it out on the morning talk shows, the gossipy Westminster WhatsApp groups and rounds of phone-calling and arm-twisting. Rishi is the only candidate that fits the bill.” Keir Starmer, the Labour leader, reiterated his calls for a general election. The former home secretary Suella Braverman, who is also on the right of the party, came out for Sunak. He led our country through some of the toughest challenges we have ever faced, and then took on Putin and his barbaric war in Ukraine. Mordaunt will be hoping to pick up support from undeclared voters and Johnson backers, but already some of those have said they will be backing Sunak. In a statement, Johnson said he had enough support to proceed to a vote among Conservative Party lawmakers on Monday. You can’t govern effectively unless you have a united party in parliament,” he said. He is a centrist on the economy, who promises to balance the books and pay heed to the Bank of England and the bond market. Sunak is a graduate of Stanford University and a former employee of Goldman Sachs.

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.

Boris Johnson has said that due to the failure to reach a deal with Rishi Sunak and Penny Mordaunt, “I am afraid the best thing is that I do not allow my ...

Angela Rayner, the deputy leader, said: “The Tories are about to hand the keys of the country to Rishi Sunak without him saying a single word about how he would govern. Sunak launched his official campaign with a declaration that “fixing the economy” was his priority, but he gave no media interviews or formal manifesto. Johnson said he reached the decision reluctantly after recognising he would not lead “a united party in parliament”. If he cannot feel wanted he would rather not be involved.” Contender Penny Mordaunt, who missed out on the last contest’s run-off by just eight votes, will now come under pressure to concede rather than force the contest to a vote of members. The whiplash u-turn in the loyalties of Nadhim Zahawi outpaced the Daily Telegraph tonight. Presumably, Dorries doesn’t think that is good news for the Tories. Former prime minister Boris Johnson has ended his bid to return to power within months of being ousted, claiming that although he had the numbers, he would not run to replace outgoing leader Liz Truss, who resigned as Conservative party leader on Thursday after just 45 days in office. Johnson and Sunak held talks late into Saturday night, according to reports. The chances of a general election have risen, according to some estimations. Johnson supporter Nadine Dorries has said an election was now “impossible to avoid”. You can’t govern effectively unless you have a united party in parliament.”

The two men have become the early favorites to replace Truss, who announced her resignation Thursday just six weeks into a term that threw Britain into ...

Former Home Secretary Priti Patel on Saturday became one of the most high-profile supporters of Johnson in his quest to become PM. “There is a choice to be made. Do they want to continue with this utter chaos, or do they want stability under a Labour government?” Starmer asked during a BBC interview. “I very much regret the mini-budget … Some outlets have speculated that the two men could strike some kind of deal. Sunak declared on Sunday morning that he would be standing in the contest.

Former British Finance Minister Rishi Sunak on Sunday announced his run to replace Liz Truss as prime minister on the same day Boris Johnson he said won't ...

Do they want to continue with this utter chaos, or do they want stability under a Labour government?" "There is a choice to be made. Sunak resigned as Johnson's finance minister, which prompted others to quit and ultimately forced Johnson to resign. I want to fix our economy, unite our Party and deliver for our country." He was born in Southampton, England, to parents of Indian origin emigrated from East Africa. "That's why I am standing to be Leader of the Conservative Party and your next Prime Minister. Conservative Party's national membership favored Truss by 57.4% to 42.6%. We need a general election! [David Frost](https://www.upi.com/topic/David_Frost/), who negotiated Britain's Brexit deal and then was given a seat in the House of Lords by Johnson, said Saturday that it was time to "move on" from the former prime minister. In all there are 358 Conservative ministers. [CNN reported](https://www.cnn.com/2022/10/23/world/boris-johnson-will-not-contest-conservative-party-int/index.html) that Johnson is expected to appear before the Commons Privileges Committee which is investigating, whether he misled Parliament over a series of parties at Downing Streetduring [COVID-19](https://www.upi.com/topic/COVID-19/) restrictions. [PA Media news agency](https://twitter.com/PA/status/1584274044555173889) that "this would simply not be the right thing to do" as "you can't govern effectively unless you have a united party in Parliament."

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

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 ... 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. The prospect of a return by Johnson had thrown the already divided Conservative Party into further turmoil.

Britain's former Chancellor of the Exchequer Rishi Sunak emerged Sunday as the clear front-runner to be the country's next prime minister, ...

ET) on Monday to secure the support of 100 Conservative Party lawmakers to enter the race to become the party – and the country’s – new leader. Mordaunt came third in the last leadership election, narrowly missing out on being put before the members. Mordaunt was the first to declare her candidacy on Friday. “There is a choice to be made. I want to fix our economy, unite our Party and deliver for our country. The party’s parliamentary majority ensures he will also become the country’s next prime minister.

UK former Prime Minister Boris Johnson has pulled out of the contest to become the next Conservative Party leader and therefore the next prime minister.

After Johnson’s Sunday announcement that he would not seek the become the next Conservative Party leader, Sunak tweeted, “Boris Johnson delivered Brexit and the great vaccine roll-out. “There is a choice to be made. The Conservatives, in power for 12 years, are currently engulfed in turmoil following the resignations of both Johnson and Truss. Sunak declared on Sunday morning that he would be standing in the contest. He resigned in July following a series of scandals. Sunak has already collected the required 100 nominations from Tory party members in order to run.

Boris Johnson 'delivered Brexit and great vaccine roll-out', says Rishi Sunak; Penny Mordaunt on 30 supporters as Sunak secures 165 ahead of 2 pm Monday ...

BBC political correspondent Nick Eardley points out that a lot of people will be paying attention to the last few words in Johnson’s statement last night. Contender Penny Mordaunt, who missed out on the last contest’s run-off by just eight votes, is now under pressure to concede rather than force the contest to a vote of members. She did not reveal anything about where her own bid stands, but this may signal that she is planning to get the backing of MPs who declared their support for Johnson: Angela Rayner, the deputy leader, said: “The Tories are about to hand the keys of the country to Rishi Sunak without him saying a single word about how he would govern. The person coming second (almost certainly Mordaunt) would be under pressure to withdraw at that point, although theoretically the decision could still go to a ballot of members, in which case we would not have a new PM until Friday. Former prime minister Boris Johnson has ended his bid to return to power within months of being ousted, claiming that although he had the numbers, he would not run to replace Liz Truss, who resigned as Conservative party leader on Thursday after just 45 days in office. That is the time when nominations close and Penny Mordaunt, the only other candidate still in the contest, is struggling to collect 100 names. It will be the first time since 1940 that a new PM has taken over for the second time since the previous general election. And it will be the first time since 1834 that the we’ve had three prime ministers in year. And it looks very, very likely that by the end of the day Rishi Sunak will be the next prime minister. I’m Andrew Sparrow, taking over from Helen Sullivan, on a morning when the UK wakes up to learn that one national icon is staging a comeback, but it’s David Tennant as Dr Who (see 6.44am), not Boris Johnson as prime minister. Diwali is a five day festival celebrated by millions of Hindus, Sikhs and Jains across the world.

Rishi Sunak took a huge step toward becoming the UK's next prime minister as former premier Boris Johnson pulled out of the contest after a weekend of ...

Suella Braverman, the former British home secretary who resigned the day before Prime Minister Liz Truss stepped down, has endorsed Rishi Sunak to be prime ...

[The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html) LONDON, Oct 23 (Reuters) - Suella Braverman, the former British home secretary who resigned the day before Prime Minister Liz Truss stepped down, has endorsed Rishi Sunak to be prime minister, she said in a Telegraph article published on Sunday.

Rishi Sunak has emerged as the frontrunner in the race to become the UK's next prime minister, after Boris Johnson announced he was not standing.

She will become the shortest-serving prime minister in British history when she stands down. Candidates need the support of at least 100 Tory MPs to progress to the next stage. If two candidates remain and no-one withdraws, Tory party members will make the final decision in an online vote, with the winner declared by Friday "No one voted for this. Off to bed!" Essex MP James Duddridge, who gave the first indication that Mr Johnson was intending to run in the Tory leadership race, simply tweeted: "Well that was unexpected.

Rishi Sunak and Penny Mordaunt are in the race to lead the U.K.'s Conservative Party and Britain, with a deadline of 2 p.m. local time for nominations.

local time to secure the endorsements of at least 100 of their party colleagues in Parliament (out of 357). Contenders to lead the ruling Conservative Party and the country face a deadline of 2 p.m. After former prime minister

Rishi Sunak gained momentum in the race to become UK prime minister, securing the public backing of senior Conservative Party lawmakers ahead of an initial ...

Johnson and Sunak met last night amid speculation of a deal between the two, despite the bitterness left by Sunak’s role in Johnson’s downfall as prime minister. There was no apparent outcome from those discussions and no mention of Johnson in Sunak’s announcement. Whoever wins will face the task of trying to bring unity to a party that has been through months of upheaval and bruising public infighting. The race will conclude either by Monday evening or, if put to an online vote with the wider Tory party membership, by Friday. “We need to provide leadership, stability and confidence to the British people.” But his public endorsements were only about half that, and throughout Sunday it was clear that the big Tory names increasingly were backing Sunak.

Sterling rises after Boris Johnson quits race and former chancellor pulls ahead of rival Penny Mordaunt.

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Rishi Sunak looks set to become the next U.K. prime minister with results to be announced Monday afternoon.

Pressure had mounted for the short-lived leader to quit after her new finance policies flopped and caused market chaos. Gilt yields fall [Sterling](/quotes/GBP=/) rose and 10-year gilt yields fell to their lowest level in a month in early trade Monday, briefly hitting 3.814%, down 21 basis points for the session. Monday, by which point candidates need to have secured at least 100 nominations from fellow Tory lawmakers to stand as leader of the party. Sunak could be confirmed as the next leader of the Conservative Party and U.K. [Liz Truss announced her resignation](https://www.cnbc.com/2022/10/20/uk-prime-minister-liz-truss-resigns-after-failed-budget-and-market-turmoil.html) Thursday after just 44 days in the role. [a former defense minister](https://www.cnbc.com/2022/07/20/penny-mordaunt-the-navy-reservist-battling-to-succeed-boris-johnson.html), who came behind Sunak in the original contest to take charge of the Conservative Party in September. [current Finance Minister Jeremy Hunt](https://www.cnbc.com/2022/10/17/uks-new-finance-minister-sets-out-.html) and former Finance Minister Sajid Javid, along with current Interior Minister Grant Shapps and his predecessors [Suella Braverman](https://www.cnbc.com/2022/10/19/uks-suella-braverman-to-reportedly-leave-role-as-interior-minister-.html) and Priti Patel. LONDON — Former Finance Minister Rishi Sunak looks set to become the next prime minister of the U.K., with votes to be counted Monday afternoon. [according ](https://news.sky.com/story/boris-johnson-pulls-out-of-conservative-leadership-race-12728576) [t](https://news.sky.com/story/next-prime-minister-uk-latest-boris-johnson-rishi-sunak-truss-mordaunt-12593360) [o Sky News](https://news.sky.com/story/boris-johnson-pulls-out-of-conservative-leadership-race-12728576), while Mordaunt is thought to have around 25, with 357 lawmakers eligible to vote. - Former Finance Minister Rishi Sunak looks set to become the next prime minister of the U.K., with votes to be counted Monday afternoon. [he dropped out of the race](https://www.cnbc.com/2022/10/23/former-uk-pm-boris-johnson-reportedly-pulls-out-of-leadership-race.html) late Sunday. - Former Defense Minister Penny Mordaunt is his only rival after former Prime Minister Boris Johnson pulled out of the race Sunday.

Candidates were vying for the support of Conservative lawmakers after Liz Truss resigned last week amid economic turmoil. Rishi Sunak, the former chancellor ...

Mr. Restoring Mr. But Mr. Truss, leaving Mr. Braverman’s parting shot illustrated the resistance from people on the right to what they see as the growing influence of the newly appointed chancellor, Jeremy Hunt, a moderate who voted against Brexit and was a supporter and ally of Mr. Supporters of Mr. That is far from clear, however, because Mr. Party leaders threw their support behind Mr. His leadership would be hard to stomach for some who opposed him, including the business secretary, Jacob Rees-Mogg, who once refused to deny reports that he had described Mr. Sunak as a better option to try to unify a divided party and put the chaos of the last few months — much of it caused by Mr. Johnson pulled out of the race on Sunday evening, ending a quixotic bid to reclaim a job that he lost three months ago amid a cascade of scandals. [Boris Johnson](https://www.nytimes.com/2022/10/23/world/europe/uk-prime-minister-race-sunak-johnson.html) pulled out of the race to succeed [Liz Truss](https://www.nytimes.com/2022/10/20/world/europe/liz-truss-resigns-conservative-party.html?searchResultPosition=4) on Sunday evening.

Many Indians are delighted at the prospect of Rishi Sunak becoming the first person of Indian origin to become British prime minister on Monday, ...

Muthukrishnan wrote on Twitter, referring to the founder of Indian software giant Infosys Ltd "Rishi Sunak took oath as an MP on (Hindu holy book) Bhagavad Gita. He has also been photographed lighting candles outside No 11 Downing Street to mark the occasion. Register now for FREE unlimited access to Reuters.com "This (Diwali) is very special for India's magnificent cricket victory and in all likelihood, Rishi Sunak, a person of Indian origin, a practising Hindu and our own Narayana Murthy's son-in-law, becoming prime minister of UK," Chennai resident D. NEW DELHI, Oct 24 (Reuters) - Many Indians are delighted at the prospect of Rishi Sunak becoming the first person of Indian origin to become British prime minister on Monday, just as Hindus across the world celebrate Diwali.