The brand new Prime Minister shall be decided throughout the subsequent week following Liz Truss’ resignation, simply 44 days after she was voted into workplace.
The beleaguered Tory chief introduced she was resigning in the present day (October 20) changing into the shortest ever PM in historical past.
Talking outdoors the doorways to Quantity 10, Ms Truss accepted she couldn't ship the guarantees she made in her management marketing campaign, having misplaced the religion of her celebration.
‘I recognise although, given the scenario, I can not ship the mandate on which I used to be elected by the Conservative Occasion. I've due to this fact spoken to His Majesty the King to inform him that I'm resigning as chief of the Conservative Occasion,’ she mentioned.
Ms Truss was voted in to the publish by members of the general public who belong to the Conservative Occasion – however will they've their say subsequent time, or will the following one be right down to MPs?
Right here’s what you'll be able to anticipate…
Will the brand new Prime Minister be elected by the general public or voted by Tories?
The brief timeframe for the management election suggests it is going to be determined by the parliamentary celebration and never by members of the Conservative Occasion.
Sir Graham Brady, the top of the 1922 Committee, mentioned that the election would happen throughout the subsequent week, with a brand new chief to be determined in time for the Fiscal Assertion on October 31.
He later confirmed that Tory members collaborating will want at the very least 100 nominations from different MPs earlier than 2pm on Monday, October 24.
It was additionally introduced it could participate in a web-based voting system.
There will even be hustings behind closed doorways on Monday – but when there is just one profitable
Mr Brady informed reporters: ‘I've spoken to the celebration chairman, Jake Berry, and he has confirmed that it is going to be potential to conduct a poll and conclude a management election by Friday the 28 October.’
‘So we should always have a brand new chief in place earlier than the fiscal assertion which can happen on the thirty first.’
Nevertheless, if there is just one profitable nomination, the brand new chief and PM shall be introduced sooner than October 28.
Who might be the following Prime Minister?
Rishi Sunak and Penny Mordaunt have immediately grow to be the frontrunners to succeed Ms Truss.
Each of them contested the race to interchange Boris Johnson, with Mr Sunak reaching the ultimate two earlier than shedding out to Ms Truss. Ms Mordaunt got here third in that race and put her backing behind Ms Truss when she was eradicated.
It’s additionally been prompt that former House Secretary, Suella Braverman, who was sacked by Ms Truss yesterday, might be a contender, providing the appropriate wing of the Tory celebration a method into energy.
Nevertheless Jeremy Hunt has dominated himself out of competition, after changing into Chancellor final week, following the departure of Kwasi Kwarteng.
There have additionally been some ideas that Boris Johnson might even make a comeback as PM – with some Tory MPs brazenly calling for him to return.
He additionally has the backing of Nadine Dorries, who tweeted: ‘There is no such thing as a unity candidate. Nobody has sufficient assist. Just one MP has a mandate from celebration members and from the British public – a mandate with an 80 seat majority. Boris Johnson.’
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