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Rishi Sunak set to become first British Asian PM as Penny Mordaunt bows out Rishi Sunak set to become first British Asian PM as Penny Mordaunt bows out
(31 minutes later)
Watch: Sir Graham Brady announces that one nomination for the new leader of the party has been received
Watch: Sir Graham Brady announces that one nomination for the new leader of the party has been received
Rishi Sunak will become the UK's first British Asian prime minister after his only remaining rival pulled out of the Tory leadership contest.Rishi Sunak will become the UK's first British Asian prime minister after his only remaining rival pulled out of the Tory leadership contest.
Almost 200 Conservative MPs publicly backed the former chancellor ahead of the nomination deadline on Monday. Nearly 200 Conservative MPs publicly backed the former chancellor ahead of the nomination deadline on Monday.
Commons Leader Penny Mordaunt dropped out after failing to secure enough support among MPs.Commons Leader Penny Mordaunt dropped out after failing to secure enough support among MPs.
It means Mr Sunak will succeed Liz Truss to become the youngest PM for more than 200 years. It means Mr Sunak will succeed Liz Truss and become the youngest PM for more than 200 years.
The new PM is expected to take office within the next few days now the result of the Tory leadership contest has been confirmed. The new prime minister is expected to take office in the next few days now the result of the Tory leadership contest is known.
Mr Sunak is due to make a speech to MPs after the result was announced by Sir Graham Brady, the chairman of the 1922 committee of backbench Tory MPs, at 14:00 BST on Monday. Mr Sunak has addressed Tory MPs after the result was announced by Sir Graham Brady, the chairman of the 1922 committee of backbench Conservatives.
Follow live updates as Rishi Sunak wins contest to be PMFollow live updates as Rishi Sunak wins contest to be PM
King Charles III will appoint Mr Sunak, who will take over from Ms Truss following her resignation just 45 days into her tumultuous premiership last week. A quick guide to the UK's next prime minister
What does the prime minister actually do?
The King will appoint Mr Sunak, who will take over from Ms Truss following her resignation just 45 days into her tumultuous premiership last week.
Ms Sunak's effective coronation as Tory leader caps a rapid political comeback by the former chancellor, after he lost out to Ms Truss in the last leadership contest during the summer.Ms Sunak's effective coronation as Tory leader caps a rapid political comeback by the former chancellor, after he lost out to Ms Truss in the last leadership contest during the summer.
Ms Mordaunt withdrew from the latest contest minutes before the result was announced, admitting it was "clear that colleagues feel we need certainty today".
"This decision is an historic one and shows, once again, the diversity and talent of our party," Ms Mordaunt wrote in a tweet. "Rishi has my full support."
Conservative Party Chairman Jake Berry said it was time for the party to "unite four-square behind Rishi" after a period of intense political turmoil under Ms Truss's premiership.
Opposition parties have been clamouring for a general election, arguing that Mr Sunak does not have a democratic mandate to become prime minister.Opposition parties have been clamouring for a general election, arguing that Mr Sunak does not have a democratic mandate to become prime minister.
Mr Sunak will be the fourth consecutive prime minister - after Theresa May, Boris Johnson and Ms Truss - to take power without a general election.
The next general election is not due to take place until at least 2024, after the Conservatives won a landslide majority in the last one in 2019.The next general election is not due to take place until at least 2024, after the Conservatives won a landslide majority in the last one in 2019.
Mr Sunak is under no obligation to call an early election under the UK's parliamentary political system.
Labour's deputy leader Angela Rayner said Mr Sunak had been crowned prime minister "without him saying a single word about how he would run the country and without anyone having the chance to vote".
Liberal Democrat leader Ed Davey said Tory MPs had "installed another out-of-touch prime minister with no plan to repair the damage and without giving the British people a say".
Scotland's First Minister Nicola Sturgeon said Mr Sunak should call an early general election and must not "unleash another round of austerity".