The UK’s Conservative MPs will vote on Wednesday to narrow the field among eight candidates who secured nominations to become the UK’s next prime minister.
Three out of 11 leadership hopefuls have dropped out of the race after apparently failing to secure 20 signatures to pass the nomination threshold.
Former Chancellor Rishi Sunak, who, along with former Health Secretary Sajid Javid, started an avalanche of government resignations that brought down Prime Minister Boris Johnson, had the most support during the nomination process, at 43 signatures, and is the bookmakers’ favourite.
He’s also the only candidate that opposes immediate tax cuts, arguing his self-described “common sense Thatcherism” approach is a more responsible way towards a low tax economy….